Income Taxes	9 Months Ended
Sep. 30, 2017
Income Taxes
Income Taxes	9. Income Taxes Income tax expense increased by $2.7 million, to $3.5 million for the three months ended September 30, 2017 compared to $0.8 million for the three months ended September 30, 2016. The Company’s effective tax rate (“ETR”) was 24.7% for the three months ended September 30, 2017, compared to (21.7)% for the three months ended September 30, 2016. The increase in ETR was primarily driven by differences in the realization of discrete items including a decrease in non-deductible transaction costs and a decrease to indemnified tax obligations, offset by a tax benefit from provision to return adjustments from filing the 2016 tax returns and changes to the geographic mix of earnings. Income tax expense increased by $4.7 million, to $44.2 million for the nine months ended September 30, 2017 compared to $39.5 million for the nine months ended September 30, 2016. The Company’s ETR was 34.4% for the nine months ended September 30, 2017, compared to 45.0% for the nine months ended September 30, 2016. The decrease in ETR was primarily driven by differences in the realization of discrete items including a reduction in non-cash fair value losses on common stock warrants, which are not tax effected, a decrease in non-deductible transaction costs, a decrease to indemnified tax obligations, and a tax benefit from provision to return adjustments from filing the 2016 tax returns as well as changes to the geographic mix of earnings.

Income Taxes

9 Months Ended

Sep. 30, 2017

9. Income Taxes

Income tax expense increased by $2.7 million, to $3.5 million for the three months ended September 30, 2017 compared to $0.8 million for the three months ended September 30, 2016. The Company’s effective tax rate (“ETR”) was 24.7% for the three months ended September 30, 2017, compared to (21.7)% for the three months ended September 30, 2016. The increase in ETR was primarily driven by differences in the realization of discrete items including a decrease in non-deductible transaction costs and a decrease to indemnified tax obligations, offset by a tax benefit from provision to return adjustments from filing the 2016 tax returns and changes to the geographic mix of earnings.

Income tax expense increased by $4.7 million, to $44.2 million for the nine months ended September 30, 2017 compared to $39.5 million for the nine months ended September 30, 2016. The Company’s ETR was 34.4% for the nine months ended September 30, 2017, compared to 45.0% for the nine months ended September 30, 2016. The decrease in ETR was primarily driven by differences in the realization of discrete items including a reduction in non-cash fair value losses on common stock warrants, which are not tax effected, a decrease in non-deductible transaction costs, a decrease to indemnified tax obligations, and a tax benefit from provision to return adjustments from filing the 2016 tax returns as well as changes to the geographic mix of earnings.