Quarterly report pursuant to Section 13 or 15(d)

Income Taxes

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Income Taxes
3 Months Ended
Mar. 31, 2016
Income Tax Disclosure [Abstract]  
Income Taxes
6. Income Taxes

During the three months ended March 31, 2016, the Company recorded income tax expense of $0.4 million. The Company recorded an income tax benefit of $0.3 million for the same prior year period. In computing its income tax provision, the Company estimates its effective tax rate for the full year and applies that rate to income earned through the reporting period. The Company’s effective income tax rate for the three months ended March 31, 2016 was 40.9% compared to 40.8% for the same prior year period.