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Income Taxes
9 Months Ended
Sep. 30, 2017
Income Taxes  
Income Taxes

Note 9 — Income Taxes

 

The Company’s effective tax rate for the three and nine months ended September 30, 2017 was 38.0% and 36.8%, respectively. The Company’s effective tax rate for the three and nine months ended September 30, 2017 varied from the federal statutory rate of 35% primarily due to provision for state income taxes and the impact of non-deductible crew per diem meal expenses, which were partially offset by a discrete tax benefit from excess tax deductions generated from employee equity transactions that occurred during such periods.