Income Taxes	3 Months Ended
Sep. 30, 2016
Income Taxes [Abstract]
Income Taxes	(6) INCOME TAXES The Company’s effective tax rates on pre-tax income/(loss) for the three months ended September 30, 2016 and September 30, 2015 was 29.8% and 21.6%, respectively. The interim period effective tax rate is derived from anticipated pre-tax book income for the full fiscal year adjusted for anticipated items that are deductible/non-deductible for tax purposes only (i.e., permanent items). Additionally, the tax expense or benefit related to discrete permanent differences in an interim period are recorded in the period they occur. The interim effective tax rate for the three months ended September 30, 2016 was positively impacted by the United Kingdom (“UK”) tax rate decrease (described further below) as well as non-US tax expense not recognized due to full valuation allowances recorded on certain foreign entities. The effective tax continues to be negatively impacted by stock-based compensation expense related to the common units of Communications Infrastructure Investments, LLC (“CII”), which is not deductible for income tax purposes. The interim effective tax rate was further negatively impacted by an excess of GAAP stock compensation expense for the current quarter, related to the Company’s Restricted Stock Unit plan, over what is deductible for income tax purposes. In the UK, the main rate of corporation tax was reduced during the current quarter from 18% to 17%, applicable from April 1, 2020. The Company, in accordance with ASC 740-270-25, is recording the effect of this tax rate change on its deferred tax assets and liabilities as a discrete item in the current interim period. The impact of the change in the UK tax rate in the three months ended September 30, 2016 was a reduction in the Company’s tax effective tax rate of 7.4%.

Income Taxes

3 Months Ended

Sep. 30, 2016

(6) INCOME TAXES

The Company’s effective tax rates on pre-tax income/(loss) for the three months ended September 30, 2016 and September 30, 2015 was 29.8% and 21.6%, respectively.

The interim period effective tax rate is derived from anticipated pre-tax book income for the full fiscal year adjusted for anticipated items that are deductible/non-deductible for tax purposes only (i.e., permanent items). Additionally, the tax expense or benefit related to discrete permanent differences in an interim period are recorded in the period they occur.

The interim effective tax rate for the three months ended September 30, 2016 was positively impacted by the United Kingdom (“UK”) tax rate decrease (described further below) as well as non-US tax expense not recognized due to full valuation allowances recorded on certain foreign entities. The effective tax continues to be negatively impacted by stock-based compensation expense related to the common units of Communications Infrastructure Investments, LLC (“CII”), which is not deductible for income tax purposes. The interim effective tax rate was further negatively impacted by an excess of GAAP stock compensation expense for the current quarter, related to the Company’s Restricted Stock Unit plan, over what is deductible for income tax purposes.

In the UK, the main rate of corporation tax was reduced during the current quarter from 18% to 17%, applicable from April 1, 2020. The Company, in accordance with ASC 740-270-25, is recording the effect of this tax rate change on its deferred tax assets and liabilities as a discrete item in the current interim period. The impact of the change in the UK tax rate in the three months ended September 30, 2016 was a reduction in the Company’s tax effective tax rate of 7.4%.