XML 20 R10.htm IDEA: XBRL DOCUMENT v3.7.0.1
Income Taxes
9 Months Ended
Jun. 30, 2017
Income Taxes  
Income Taxes

Note 4.Income Taxes

 

Income tax expense for the three and nine months ended June 30, 2016 and 2017 differed from the U.S. federal statutory rate of 35% primarily due to state income taxes, differing tax rates on foreign earnings and discrete tax items that impacted income tax expense in these periods. The effective tax rate for the three months ended June 30, 2017 was 50.6% compared to 7.8% in the same period of fiscal 2016.  The effective tax rate for the nine months ended June 30, 2017 was 39.8% compared to 14.1% in the same period of fiscal 2016.  The higher effective tax rate for the third quarter of fiscal 2017 is primarily attributable to the different country locations that have generated losses before income taxes in fiscal 2017 as compared to the country locations that generated income before income taxes in fiscal 2016.