XML 79 R12.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Taxes
6 Months Ended
Jun. 30, 2013
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes
Our effective tax rate was 29% for the six months ended June 30, 2013 compared to 30% for the six months ended June 30, 2012. In each case, the difference from the federal statutory rate of 35% was driven by income that was earned in foreign jurisdictions, which is taxed at lower rates.
As of June 30, 2013, our gross liability for unrecognized tax benefits was $4.7 million. If fully recognized, these tax benefits would decrease our income tax expense by $4.7 million ($3.2 million, net of federal tax). Subject to the completion of certain audits or the expiration of the applicable statute of limitations, we believe it is reasonably possible that we will recognize $0.4 million in unrecognized tax benefits within the next 12 months.