11.

INCOME TAXES

The Company’s income tax provision in the three and nine-month periods ended September 30, 2016 includes a $413 credit for the realization net operating loss carryforwards for a certain state, partially offset by the establishment of valuation allowances totaling $214 on net operating loss carryforwards for other states as a result of changes in the Company’s apportionment rates for these states. Excluding these discrete items identified in the third quarter, the Company’s effective income tax rate would have been 49.2% and 47.7% in the three and nine-month periods ended September 30, 2016.