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INCOME TAXES
6 Months Ended
Mar. 31, 2017
Income Tax Disclosure [Abstract]  
INCOME TAXES
INCOME TAXES

In both the quarter and six months ended March 31, 2017 and 2016, the Company reported pretax income, and recognized a tax provision of 50.7% and 25.4% for the quarter and six months ended March 31, 2017, respectively, compared to 38.0% and 27.2%, respectively, in the comparable prior year periods. 

The quarter and six months ended March 31, 2017 tax rates included net provisions of $1,334 and net benefits of $2,929, respectively, compared to a net provision of $43 and net benefits of $2,548, respectively, in the comparable prior year periods. The net provision for the quarter ended March 31, 2017 is primarily related to discrete tax provisions and the impact of a valuation allowance taken on German net operating loss carryforwards that do not expire. The net benefits for the six-month periods ended March 31, 2017 and 2016, primarily related to discrete tax benefits for the adoption of recent Financial Accounting Standards Board ("FASB") guidance, which requires the company to recognize excess tax benefits from the vesting of equity awards within income tax expense, partially offset by a current year tax provision for the impact of a valuation allowance taken on German net operating loss carryforwards that do not expire. Excluding these tax items, the effective tax rates for the quarter and six months ended March 31, 2017 were 37.7% and 38.1%, respectively, compared to 37.6% and 38.2%, respectively, in the comparable prior year periods.