Income Taxes

6 Months Ended

Jun. 30, 2011

Income Taxes

Income Taxes

Note H — Income Taxes

As a result of decreases in the Company’s estimated pretax income, the Company’s estimated annual effective tax rate for the three and six-month periods ended June 30, 2011 varied from the federal statutory rate of 35% primarily due to the proportionate increase in expenses with limited tax deductibility relative to the Company’s estimated pretax income for the year ending December 31, 2011.