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Effective Income Tax Rate Reconciliation (Table Text Block)
12 Months Ended
Mar. 31, 2015
Table Text Block [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation

 

 

Years Ended March 31,

 

 

2015

 

2014

 

2013

 

 

(In percentages)

Statutory federal income tax rate

 

35.00%

 

35.00%

 

35.00%

Increase (reduction) in rate resulting from:

 

 

 

 

 

 

State taxes, net of federal benefit

 

2.21%

 

2.38%

 

2.08%

Foreign rate differential

 

(0.32)%

 

(0.33)%

 

(0.45)%

Federal tax credits

 

(0.29)%

 

(0.32)%

 

(0.51)%

Dividend received deduction

 

(0.03)%

 

(0.03)%

 

(0.03)%

Other

 

(0.11)%

 

(0.40)%

 

(0.89)%

Actual tax expense of operations

 

36.46%

 

36.30%

 

35.20%