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Income Taxes (Tables)
6 Months Ended
Jun. 30, 2014
Income Tax Expense

Income tax expense from operations was as follows (in thousands):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

Income tax expense

$

117,976

 

 

$

97,494

 

 

$

136,933

 

 

$

50,314

 

Effective tax rate

 

40.8

%

 

 

40.4

%

 

 

40.2

%

 

 

42.4

%