v3.5.0.2
Income Taxes
9 Months Ended
Sep. 30, 2016
Income Taxes  
Income Taxes

 

Note 9—Income Taxes

 

In determining the interim income tax provision, the Company uses the annual estimated effective tax rate applied to the actual year-to-date income. The Company’s annual estimated effective tax rate differs from the U.S. federal statutory income rate of 35% primarily as a result of state taxes, foreign taxes, changes in the fair value of preferred stock warrant liabilities, and nondeductible stock-based compensation.

 

There were no material changes to the Company’s unrecognized tax benefits in the nine months ended September 30, 2016, and the Company does not expect to have any significant changes to unrecognized tax benefits through the end of the fiscal year.