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Income Taxes
3 Months Ended
Mar. 31, 2015
Income Taxes  
Income Taxes

 

(6) Income Taxes

 

A tax benefit from an uncertain tax position may be recognized only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate resolution.

 

During the three months ended March 31, 2015, no uncertain tax positions were resolved.

 

The Company had reserves for tax positions taken of $14.4 million at both March 31, 2015 and December 31, 2014. The Company had accrued interest expense related to tax reserves of $2.9 million and $2.8 million, net of related tax effects, at March 31, 2015 and December 31, 2014, respectively.