7. INCOME TAXES

6 Months Ended

Jun. 30, 2016

Policy Text Block [Abstract]

Income Tax, Policy [Policy Text Block]

7. INCOME TAXES

We file income tax returns in the U.S. Federal jurisdiction and various state and foreign jurisdictions. We are no longer subject to U.S. Federal tax examinations for years before 2012. In 2014, we were subjected to an IRS examination for our consolidated U.S. Federal return for the year 2011. There were no adjustments to our return as a result of that examination. State jurisdictions that remain subject to examination range from 2011 to 2015. Foreign jurisdiction tax returns that remain subject to examination range from 2010 to 2015 for Canada and from 2010 to 2015 for Puerto Rico. We do not believe we have any uncertain tax positions.

Our policy is to accrue interest and penalties on any uncertain tax position as a component of income tax expense. As of June 30, 2016, no such expenses were recognized during the quarter.

We provided for income taxes at an estimated effective tax rate of 34% for the three and six month periods ended June 30, 2016. We provided for income taxes at an estimated effective tax rate of 35% for the three and six month periods ended June 30, 2015.