XML 56 R18.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes
6 Months Ended
Dec. 31, 2014
Income Tax Disclosure [Abstract]  
Income Taxes
Note 11. Income Taxes

The effective tax rate for the three months ended December 31, 2014 and 2013 was 33.3% and 32.0%, respectively. The increase in the effective tax rate is due to the resolution of certain tax matters during the three months ended December 31, 2013, partially offset by income tax benefits in the three months ended December 31, 2014 related to the usage of foreign tax credits in a planned repatriation of foreign earnings and a change in tax law.

The effective tax rate for the six months ended December 31, 2014 and 2013 was 33.7% and 33.1%, respectively. The increase in the effective tax rate is due to the resolution of certain tax matters during the six months ended December 31, 2013, partially offset by income tax benefits in the six months ended December 31, 2014 related to the usage of foreign tax credits in a planned repatriation of foreign earnings, a change in tax law, and adjustments to the tax liability.