4.Income Taxes

The following table presents the Company’s provision for income taxes and effective income tax rate for the periods below:


	Three months ended						Six months ended
	February 29,			February 28,			February 29,			February 28,
	2016			2015			2016			2015
Provision for income taxes	$	5,031		$	3,108		$	12,496		$	9,382
Effective income tax rate		31.7	%		28.9	%		34.9	%		34.6	%

The effective tax rate for the second quarter of fiscal 2016 and fiscal 2015 reflect tax credits, primarily the Work Opportunity Tax Credit (“WOTC”), that were retroactively extended in calendar years 2014 and 2015. The tax credit amounts are fixed amounts, and as a result impact the effective tax rate for the quarters. The tax credit amounts in the second quarter of fiscal year 2016 were less than the same period in the prior year, resulting in a higher effective tax rate for the second quarter of fiscal 2016 compared to the same period for fiscal 2015.