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Income Taxes (Tables)
9 Months Ended
Sep. 30, 2016
Income Taxes  
Schedule of reconciliation of the statutory federal income tax rate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30, 

 

September 30, 

 

 

    

2016

    

2015

    

2016

    

2015

 

 

 

(in thousands)

 

Income (loss) before taxes

 

$

6,001

 

$

(4,276)

 

$

19,569

 

$

(20,702)

 

Income tax expense (benefit)

 

 

2,111

 

 

(1,268)

 

 

6,295

 

 

(10,382)

 

Net income (loss)

 

$

3,890

 

$

(3,008)

 

$

13,274

 

$

(10,320)

 

Income tax provision (benefit) as a percentage of income (loss) before income taxes

 

 

35.2

%

 

(29.7)

%

 

32.2

%

 

(50.1)

%