Income Taxes |
9 Months Ended |
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Sep. 30, 2019 | |
Income Taxes | |
Income Taxes | Note 8. Income Taxes Our effective income tax rate for the three months and nine months ended September 30, 2019 was 25.0% compared to 22.9% and 23.7% for the three months and nine months ended September 30, 2018, respectively. The differences between our effective income tax rates and the U.S. federal statutory rate of 21% were mainly due to state income taxes partially offset by the effects of company-owned life insurance policies.
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