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Income Taxes
6 Months Ended
Jun. 30, 2017
Income Tax Disclosure [Abstract]  
Income Taxes

13.

Income Taxes

The Company’s effective tax rate for the three and six months ended June 30, 2017 was 29.2% and 26.5%, respectively.  For both the three and six months ended June 30, 2016, the Company’s effective tax rate was 36.7%.  The 2017 effective tax rate was reduced as a result of the Company’s adoption of ASU 2016-09, which requires the excess tax benefit from stock option exercises to be recorded as a reduction to income tax expense in the period stock options are exercised.  During the three and six months ended June 30, 2017, the Company recognized $16,464 and $36,364, respectively, in excess tax benefits. During the three and six months ended June 30, 2016, excess tax benefits of $2,394 and $8,678, respectively, were recorded to additional paid-in capital within shareholders’ equity.