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INCOME TAXES
3 Months Ended
Sep. 30, 2017
INCOME TAXES  
INCOME TAXES

7.    INCOME TAXES

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

September 30, 

 

September 30, 

 

    

2017

    

2016

 

 

(Amounts in thousands, except rate)

Income tax expense

 

$

7,544

 

$

7,188

Effective tax rate

 

 

22.1%

 

 

21.1%

 

The increase in the effective tax rate for the three months ended September 30, 2017 is primarily attributable to the re-measurement of Canadian dollar deferred tax liabilities to US dollars due to changes in the Canadian dollar to US dollar exchange rate.