6. Income Taxes

The provision for income taxes consists of the following:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
	(In thousands)
Current:
Federal	$	11,331		$	13,273		$	28,676		$	30,898
State and local		1,651			1,895			4,579			5,055
Foreign		1,191			1,714			4,234			4,599
Total current provision		14,173			16,882			37,489			40,552
Deferred:
Federal		(930	)		(918	)		130			6,895
State and local		(158	)		(154	)		(64	)		964
Foreign		2			(374	)		226			(143	)
Total deferred provision		(1,086	)		(1,446	)		292			7,716
Provision for income taxes	$	13,087		$	15,436		$	37,781		$	48,268

The Company recognized excess tax benefits on share-based payments of $3.8 million and $14.8 million through the provision for income taxes, for the three and nine months ended September 30, 2017, respectively.

The Company or one of its subsidiaries files U.S. federal, state and foreign income tax returns. Income tax returns for U.S. Federal (through 2013), New York City (through 2003) and state (through 2009) and Connecticut state (through 2003) have been audited. An examination of the Company’s New York State income tax returns for 2010 through 2013 is currently underway. The Company cannot estimate when the examination will conclude or the impact such examination will have on the Company’s Consolidated Financial Statements, if any.

The Company has determined that unremitted earnings of the Company’s foreign subsidiaries are considered indefinitely reinvested outside of the United States.