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Income Taxes
3 Months Ended
Mar. 31, 2015
Income Taxes  
Income Taxes

Note 4. Income Taxes

 

For the three-months ended March 31, 2015 and 2014, our income tax expense has been computed utilizing the estimated annual effective rates of 39.5% and 38.8% respectively. The difference between the actual effective rate of 39.5% and the statutory Federal income tax rate of 35% in each three-month period, is primarily due to state income taxes.   Income tax expense for the three months ended March 31, 2015 and 2014 was $1.6 million and $0.5 million, respectively.