XML 66 R16.htm IDEA: XBRL DOCUMENT

Income Taxes

3 Months Ended

Mar. 31, 2015

(9) Income Taxes:

The following is a reconciliation of income taxes computed at the federal statutory rate to income taxes computed at the effective rate:



	For the three months ended
	March 31,

	2015		2014

Consolidated tax provision at federal statutory rate	35.0	%	35.0	%
State income tax provisions, net of federal income
tax benefit	2.5		0.3
Changes in certain deferred tax balances	-		(5.1)
All other, net	(0.4)		0.2
Effective tax rate	37.1	%	30.4	%

Income taxes for the three months ended March 31, 2014 include the impact of a $3 million benefit arising from state tax law changes.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References+ Details