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Income Taxes
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6 Months Ended |
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Jun. 30, 2011
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| Income Taxes | |
| Income Taxes |
7. Income Taxes In order to determine the quarterly provision for income taxes, the Company used an estimated annual effective tax rate, which is based on expected annual income and statutory tax rates in the various jurisdictions in which the Company operates. Certain significant or unusual items are separately recognized in the quarter during which they occur and can be a source of variability in the effective tax rates from quarter to quarter. The benefit for income taxes for the three months ended June 30, 2011 was $836, for an effective rate of 14.8%. The benefit for income taxes for the six months ended June 30, 2011 was $1,517, for an effective rate of 20.3%. The benefit for income taxes differs from the federal statutory rate primarily due to expenses incurred in certain foreign jurisdictions for which the Company does not obtain a benefit. During the three and six months ended June 30, 2011, the Company's unrecognized tax benefits remained unchanged. The Company does not anticipate its unrecognized tax benefits will change significantly over the next 12 months. There were no accrued interest and penalties associated with uncertain tax positions as of June 30, 2011. |