Income Taxes (Tables)

6 Months Ended

Sep. 30, 2015

Differences Between Statutory Income Tax Rate and Effective Tax Rates

The significant differences between the statutory tax rate and effective tax rate for the three and six months ended September 30, 2015 and 2014 were as follows:

	For the Three Months Ended September 30,						For the Six Months Ended September 30,
	2015			2014			2015			2014
Statutory income tax rate		35.0	%		34.0	%		35.0	%		34.0	%
Increase (decrease) resulting from:
Losses not benefited		—			(26.0	)		—			(15.7	)
Credits		(1.2	)		—			(1.4	)		—
State taxes, net		3.3			—			3.3			—
Permanent differences		3.0			—			3.5			—
Other		0.2			—			0.6			2.6
Effective tax rate		40.3	%		8.0	%		41.0	%		20.9	%