Income Taxes	6 Months Ended
Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Note 7 — Income Taxes The effective tax rate for the current quarter was 22.8% compared to 26.7% for the quarter ended June 30, 2017. The current quarter benefitted from a discrete benefit of $1.3 million related to the release of reserves for uncertain tax positions. The effective tax rate for the six months ended June 30, 2018, was 21% compared to 19.8% for the six months ended June 30, 2017. The provision for the six months ended June 30, 2017 included a nonrecurring discrete benefit of $9.1 million, which related to the release of a valuation allowance in a foreign jurisdiction. The effective tax rate, excluding these benefits, for the first half of 2018 was 21.8% as compared to 25.7% in 2017, as both periods benefitted from deductions associated with share-based compensation payments. The Tax Cuts and Jobs Act (the “Act”) enacted in 2017, resulted in the U.S. Federal income tax rate being reduced to 21% from 35% for the same period last year. During the measurement period, which is one year from the date of enactment, or the completion of all estimates made in connection with the Act, companies are permitted to make additional income tax adjustments and revisions of estimates related to the Act. Accordingly, the impact resulting from the Act is subject to further refinement of the Company’s calculations, changes in interpretation and assumptions, or issuance of additional guidance and regulations by the relevant tax authorities. During the quarter and six months ended June 30, 2018, there were no adjustments made to previously made estimates related to the Act.

Note 7 — Income Taxes

The effective tax rate for the current quarter was 22.8% compared to 26.7% for the quarter ended June 30, 2017. The current quarter benefitted from a discrete benefit of $1.3 million related to the release of reserves for uncertain tax positions. The effective tax rate for the six months ended June 30, 2018, was 21% compared to 19.8% for the six months ended June 30, 2017. The provision for the six months ended June 30, 2017 included a nonrecurring discrete benefit of $9.1 million, which related to the release of a valuation allowance in a foreign jurisdiction. The effective tax rate, excluding these benefits, for the first half of 2018 was 21.8% as compared to 25.7% in 2017, as both periods benefitted from deductions associated with share-based compensation payments.

The Tax Cuts and Jobs Act (the “Act”) enacted in 2017, resulted in the U.S. Federal income tax rate being reduced to 21% from 35% for the same period last year. During the measurement period, which is one year from the date of enactment, or the completion of all estimates made in connection with the Act, companies are permitted to make additional income tax adjustments and revisions of estimates related to the Act. Accordingly, the impact resulting from the Act is subject to further refinement of the Company’s calculations, changes in interpretation and assumptions, or issuance of additional guidance and regulations by the relevant tax authorities. During the quarter and six months ended June 30, 2018, there were no adjustments made to previously made estimates related to the Act.