Note 15 Income Taxes

9 Months Ended

Dec. 31, 2011

Income Tax Expense Benefit Abstract

Income Tax Disclosure Text Block

15. Income Taxes

For the three and nine months ended December 31, 2011, we recorded income tax provisions of $311,000 and $10.8 million, reflecting effective tax rates of 5.2% and 28.8%, respectively. For the three and nine months ended December 31, 2010, we recorded income tax provisions of $2.7 millionand $12.3 million, reflecting effective tax rates of 26.6% and 37.3%, respectively. For the three and nine months ended December 31, 2011, the effective tax rates were affected by changes in the estimates of annual income in domestic and foreign jurisdictions, by certain discrete items and by a valuation allowance release. For the three months ended December 31, 2010, the effective tax rate was affected by certain itemsoffset by changes in the estimates of annual income in foreign jurisdictions.For the nine months ended December 31, 2010, the effective tax rate was affected by certain discrete items.