Income Taxes

The provision (benefit) for income taxes consists of the following:



	Three months ended				Nine months ended
	September 30, 2017		September 30, 2016		September 30, 2017		September 30, 2016
	(in thousands)
Current	$	7,250	$	6,748	$	17,167	$	21,617
Deferred	783		332		1,147		(1,519		)
	$	8,033	$	7,080	$	18,314	$	20,098

The reconciliation of the Federal statutory income tax rate to the effective income tax rate is as follows:



	Three months ended				Nine months ended
	September 30, 2017		September 30, 2016		September 30, 2017		September 30, 2016
Federal statutory rate	35.0	%	35.0	%	35.0	%	35.0	%
State income taxes, net of Federal benefit	5.3		4.9		4.5		5.0
Domestic manufacturing deduction	(3.1	)	(3.0	)	(3.0	)	(3.4	)
Excess tax benefits	(0.9	)	(2.8	)	(3.8	)	(2.9	)
Other	(1.0	)	(3.0	)	(0.6	)	(1.3	)
Effective tax rate	35.3	%	31.1	%	32.1	%	32.4	%

The Company's estimated annual 2017 effective tax rate, excluding discrete events, is approximately 36%. We file income tax returns in the U.S., state and foreign income tax returns jurisdictions. We are subject to U.S. examinations for tax years 2013 to present, and to non-U.S. income tax examinations for the tax years of 2012 to present. In addition, we are subject to state and local income tax examinations for the tax years 2012 to present. The Company continues to evaluate its need to file returns in various state jurisdictions. Any interest or penalties would be recognized as a component of income tax expense.