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Income Taxes
9 Months Ended
Dec. 31, 2010
Income Taxes  
Income Taxes

10.     Income Taxes

 

          For the three and nine months ended December 31, 2010, the Company recorded an income tax benefit of $2.5 million and an income tax expense of $12.6 million, respectively, and income tax expense of $5.6 million and $13.8 million for the three and nine months ended December 31, 2009, respectively. The fluctuation relates primarily to the net loss in foreign jurisdictions in three months ended December 31, 2010 due to the net results of the Company's restatement, as described in Note 2, "Restatement." Also, the Company has provided a valuation allowance against all deferred tax assets in the U.S. as it is more likely than not that its U.S. deferred tax assets are not currently realizable due to the net operating losses incurred by the Company in the U.S. since its inception.