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Income Taxes
9 Months Ended
Sep. 30, 2015
Income Tax Disclosure [Abstract]  
Income Taxes

7. Income Taxes

The benefit from income taxes increased by $8.6 million and decreased by $3.1 million in the three and nine months ended September 30, 2015, respectively, as compared to the same periods of the prior year. The increase in the three months ended September 30, 2015 is primarily attributable to the tax impact of the Rising Tide Games purchase accounting of $10.3 million, offset by an increase in tax expense of $1.7 million related to changes in our jurisdictional mix of earnings. The decrease in the nine months ended September 30, 2015 is primarily attributable to the excess of the tax impact of the Rising Tide Games purchase accounting in the third quarter of 2015 over the release of the valuation allowance associated with the 2013 Federal research and development credit in the first quarter of 2014 of $2.5 million, offset by changes in our jurisdictional mix of earnings of $5.6 million.

Purchase accounting for the Rising Tide Games acquisition required the establishment of a deferred tax liability related to the book-tax basis differences of identifiable intangible assets. The deferred tax liability created an additional source of U.S. future taxable income which resulted in a release of a portion of our U.S. valuation allowance recorded in our Statement of Operations.

Once the Company is profitable, we expect our global effective tax rate to be less than the U.S. statutory income tax rate.