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Income Taxes
9 Months Ended
Sep. 30, 2018
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes 

The Company reports income taxes using an asset and liability approach, under which deferred income taxes are provided based upon enacted tax laws and rates applicable to periods in which the taxes become payable. The Company is subject to income taxes in the U.S. federal and various state jurisdictions. Presently, there are no income tax examinations on-going in the jurisdictions where the Company operates.

The Company's effective tax rate was 69.9% and 36.6% for the three months ended September 30, 2018 and 2017, respectively and 34.0% and 9.1% for the nine months ended September 30, 2018 and 2017, respectively. The income tax provision for the three months ended September 30, 2018 and 2017 was $4.9 million and $5.2 million, respectively, and $12.4 million and $4.6 million for the nine months ended September 30, 2018 and 2017, respectively.

As of September 30, 2018, the Company remains in a net deferred tax asset position. The realization of the Company’s deferred tax assets depends primarily on its ability to generate sufficient U.S. taxable income in future periods. The amount of deferred tax assets considered realizable may increase or decrease in subsequent quarters as management reevaluates the underlying basis for the estimates of future domestic taxable income.