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Income Taxes
6 Months Ended
Jun. 30, 2015
Income Taxes  
Income Taxes

7. Income Taxes

For the three months ended June 30, 2015, the Company recorded an income tax benefit of $5.9 million compared to expense of $2.1 million for the three months ended June 30, 2014. The Company’s effective tax rate was a benefit of 9.8% for the three months ended June 30, 2015. The Company’s effective tax rate was 46.6% for the three months ended June 30, 2014. The lower effective tax rate for the three months ended June 30, 2015 was primarily due to the impact of nondeductible equity-based compensation.

For the six months ended June 30, 2015, the Company recorded an income tax benefit of $1.4 million compared to expense of $5.0 million for the six months ended June 30, 2014. The Company’s effective tax rate was a benefit of 2.8% for the six months ended June 30, 2015. The Company’s effective tax rate was 46.6% for the six months ended June 30, 2014. The lower effective tax rate for the six months ended June 30, 2015 was primarily due to the impact of nondeductible equity-based compensation.