Income Taxes

3 Months Ended

Mar. 31, 2012

Income Taxes

Income Taxes

Note 11 — Income Taxes

We recorded a provision for income taxes of $2.8 million and $1.0 million for the three months ended March 31, 2012 and March 31, 2011, respectively.  The increase in the tax provision was primarily a result of the increase in income from operations before taxes as compared to the same period last year. Our effective income tax rate was 35.4% and 38.0% for the three months ended March 31, 2012 and March 31, 2011, respectively.  The decrease in the effective income tax rate was primarily a result of an increase in operating profit before taxes, which decreased the percentage impact of certain permanent book to tax differences and other rate reconciliation items.