TAXES

6 Months Ended

Jun. 30, 2019

TAXES

TAXES

NOTE 8. TAXES

For the six months ended June 30, 2019 and 2018, the Company’s effective tax rate was 19.9% and 19.2%, respectively. The variation in the effective tax rate in the six-month periods of 2019 and 2018 is primarily attributable to the difference in the excess tax benefit on stock-based compensation.

No uncertain tax positions were recorded as of June 30, 2019 and 2018. No change in uncertain tax positions is anticipated over the next twelve months.