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Taxes on Income
6 Months Ended
Jun. 30, 2015
Income Tax Disclosure [Abstract]  
Taxes on Income
TAXES ON INCOME
The effective tax rate in the quarter and six-month period ended June 30, 2015 was unfavorably impacted by a relatively small income tax benefit recorded on pre-tax charges related to the 2014 Restructuring and the impact of discrete tax items that were related to non-deductible restructuring charges.
The Company’s effective tax rate for continuing operations was 28.6% and 23.7% in the quarters ended June 30, 2015 and 2014, respectively, and 34.6% and 25.1% in the six-month periods ended June 30, 2015 and 2014, respectively. In addition to the items noted in the preceding paragraph, the high effective tax rate on pre-tax income for the quarter and six-month period ended June 30, 2015 was also negatively influenced by recording no tax benefit on losses in jurisdictions where valuation allowances were recorded against deferred tax assets.