Income Taxes	6 Months Ended
Jun. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Note 7 — Income Taxes The income tax provision for the quarter ended June 30, 2016 was $28.7 million. The effective tax rate for the second of quarter of 2016 was 30.5% as compared to a 30.6% effective tax rate for the second quarter of 2015. The income tax provision for the six-month period ended June 30, 2016 was $51.4 million, an effective tax rate of 29.8%. Effective for the quarter ended March 31, 2016, the Company early adopted Accounting Standards Update No. 2016-09 (ASU 2016-09) "Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting". Under this guidance all excess tax benefits (“windfalls”) and deficiencies (“shortfalls”) related to employee stock compensation are recognized within income tax expense. Under prior guidance windfalls were recognized to APIC and shortfalls were only recognized to the extent they exceed the pool of windfall tax benefits. As a result of the adoption a tax benefit of $1.2 million was recorded in the first six months of 2016 reflecting the excess tax benefits. The adoption was on a prospective basis and therefore had no impact on prior years. The company also recorded an adjustment to opening retained earnings of $0.4 million to recognize U.S. net operating loss carryforwards attributable to excess tax benefits on stock compensation that had not been previously recognized to APIC because they did not reduce income taxes payable, see Note 1. Excluding this discrete benefit, our effective tax rate was 30.5% for the six-month period of 2016. The 2015 six-month period income tax provision of $39.9 million included $11.6 million of benefits primarily related to the release of reserves for uncertain tax positions. Excluding these discrete benefits, our effective tax rate for the six months was 30.6%.

Income Taxes

6 Months Ended

Jun. 30, 2016

Note 7 — Income Taxes

     The income tax provision for the quarter ended June 30, 2016 was $28.7 million. The effective tax rate for the second of quarter of 2016 was 30.5% as compared to a 30.6% effective tax rate for the second quarter of 2015.

     The income tax provision for the six-month period ended June 30, 2016 was $51.4 million, an effective tax rate of 29.8%. Effective for the quarter ended March 31, 2016, the Company early adopted Accounting Standards Update No. 2016-09 (ASU 2016-09) "Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting". Under this guidance all excess tax benefits (“windfalls”) and deficiencies (“shortfalls”) related to employee stock compensation are recognized within income tax expense. Under prior guidance windfalls were recognized to APIC and shortfalls were only recognized to the extent they exceed the pool of windfall tax benefits.

     As a result of the adoption a tax benefit of $1.2 million was recorded in the first six months of 2016 reflecting the excess tax benefits. The adoption was on a prospective basis and therefore had no impact on prior years. The company also recorded an adjustment to opening retained earnings of $0.4 million to recognize U.S. net operating loss carryforwards attributable to excess tax benefits on stock compensation that had not been previously recognized to APIC because they did not reduce income taxes payable, see Note 1. Excluding this discrete benefit, our effective tax rate was 30.5% for the six-month period of 2016.

     The 2015 six-month period income tax provision of $39.9 million included $11.6 million of benefits primarily related to the release of reserves for uncertain tax positions.  Excluding these discrete benefits, our effective tax rate for the six months was 30.6%.