Income Taxes

9 Months Ended

Dec. 31, 2012

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

Our effective tax rate for the first nine months of Fiscal 2013 was determined by excluding certain jurisdictions with net losses. As a result, the tax provision for the first nine months of Fiscal 2013 was 0.9% and was due to taxable income in profitable jurisdictions.

Our effective tax rate for the first nine months of Fiscal 2012 was a provision of 136.9% and was negatively affected by the recording of a $1.2 million valuation allowance to fully reserve against our deferred tax assets.