INCOME TAXES (Notes)

3 Months Ended

Mar. 31, 2016

Notes To Financial Statements [Abstract]

INCOME TAXES

NOTE 7. INCOME TAXES

We record our interim tax provision based upon our estimated annual effective tax rate ("ETR") and account for tax effects of discrete events in the period in which they occur. We review the ETR on a quarterly basis as projections are revised and laws are enacted. The ETR's were 20% and 33% for the three months ended March 31, 2016 and 2015, respectively. The decrease in the ETR primarily resulted from a charge associated with the legal entity restructuring, which had been recorded during the three months ended March 31, 2015, changes in the mix of earnings, and the change from forecasted pre-tax income in 2015 to forecasted pre-tax loss in 2016.