TAXES	9 Months Ended
Dec. 31, 2014
Income Tax Disclosure [Abstract]
TAXES	TAXES Our effective income tax rates were 88.9% and 13.4% for the three months ended December 31, 2014 and 2013, respectively and 20.1% and 24.9% for the nine months ended December 31, 2014 and 2013, respectively. Our effective income tax rates for the three and nine months ended December 31, 2013 reflects a $6.2 million benefit due to the revaluation of a Líder tax amnesty payment. Additionally, our effective income tax rate for the nine months ended December 31, 2013 reflect $36.3 million of tax expense for the sale of the FB Entities, partially offset by a $2.1 million benefit due to the revaluation of our deferred taxes as a result of the enactment of a tax rate reduction in the U.K. Excluding these items, our effective tax rates were 23.1% and 19.6% for the three and nine months ended December 31, 2013, respectively. For further details on the sale of the FB Entities, see Note 3 to the fiscal year 2014 Financial Statements. Our effective tax rate was also impacted by the permanent reinvestment outside the U.S. of foreign earnings, upon which no U.S. tax has been provided, and by the amount of our foreign source income and our ability to realize foreign tax credits. As of December 31, 2014, there were $0.5 million of unrecognized tax benefits, all of which would have an impact on our effective tax rate, if recognized. The uncertain tax benefits relate to pre-acquisition tax matters for the February 2014 acquisition of a 60% interest in Eastern Airways and are the subject of an indemnity, for which a corresponding indemnity asset has been established in the amount of $0.1 million.

TAXES

9 Months Ended

Dec. 31, 2014

Our effective income tax rates were 88.9% and 13.4% for the three months ended December 31, 2014 and 2013, respectively and 20.1% and 24.9% for the nine months ended December 31, 2014 and 2013, respectively. Our effective income tax rates for the three and nine months ended December 31, 2013 reflects a $6.2 million benefit due to the revaluation of a Líder tax amnesty payment. Additionally, our effective income tax rate for the nine months ended December 31, 2013 reflect $36.3 million of tax expense for the sale of the FB Entities, partially offset by a $2.1 million benefit due to the revaluation of our deferred taxes as a result of the enactment of a tax rate reduction in the U.K. Excluding these items, our effective tax rates were 23.1% and 19.6% for the three and nine months ended December 31, 2013, respectively. For further details on the sale of the FB Entities, see Note 3 to the fiscal year 2014 Financial Statements.

Our effective tax rate was also impacted by the permanent reinvestment outside the U.S. of foreign earnings, upon which no U.S. tax has been provided, and by the amount of our foreign source income and our ability to realize foreign tax credits. As of December 31, 2014, there were $0.5 million of unrecognized tax benefits, all of which would have an impact on our effective tax rate, if recognized. The uncertain tax benefits relate to pre-acquisition tax matters for the February 2014 acquisition of a 60% interest in Eastern Airways and are the subject of an indemnity, for which a corresponding indemnity asset has been established in the amount of $0.1 million.