INCOME TAXES	6 Months Ended
Jun. 30, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company’s effective tax rate from continuing operations for the six month period ended June 30, 2019 was 18.1 percent as compared to 9.2 percent for the six month period ended June 30, 2018. The effective tax rate is lower than the U.S. statutory rate of 21 percent primarily due to foreign earnings taxed at rates below the U.S. statutory rate, the recognition of the foreign-derived intangible income (FDII) provisions, and certain discrete events including excess tax benefits from share-based compensation. For the second quarter of 2019 the effective tax rate was 19.2 percent as compared to 18.6 percent for the second quarter of 2018. The increase in the effective tax rate for the six months ended June 30, 2019, compared with the same period in 2018, was primarily a result of the release of a valuation allowance of $5.4 million related to state net operating losses and incentives during the six month period ended June 30, 2018.

INCOME TAXES

6 Months Ended

Jun. 30, 2019

The Company’s effective tax rate from continuing operations for the six month period ended June 30, 2019 was 18.1 percent as compared to 9.2 percent for the six month period ended June 30, 2018. The effective tax rate is lower than the U.S. statutory rate of 21 percent primarily due to foreign earnings taxed at rates below the U.S. statutory rate, the recognition of the foreign-derived intangible income (FDII) provisions, and certain discrete events including excess tax benefits from share-based compensation. For the second quarter of 2019 the effective tax rate was 19.2 percent as compared to 18.6 percent for the second quarter of 2018.

The increase in the effective tax rate for the six months ended June 30, 2019, compared with the same period in 2018, was primarily a result of the release of a valuation allowance of $5.4 million related to state net operating losses and incentives during the six month period ended June 30, 2018.