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Income Taxes
6 Months Ended
Jun. 30, 2019
Income Taxes [Abstract]  
Income Taxes

(13) Income Taxes

The Company recognized income tax expense of $9,066 and $3,820 for U.S. federal, state and foreign income taxes for the three months ended June 30, 2019 and 2018, respectively. The increase in income tax expense for the three months ended June 30, 2019 compared to the same period for 2018 was primarily related to the sale of Non-core Products on April 1, 2019. The effective tax rate decreased to 18.6% in the second quarter of 2019 from 20.2% in the second quarter of 2018 primarily due to the impact of certain tax incentives, which did not impact the second quarter of 2018.

The Company recognized income tax expense of $10,901 and $7,053 for U.S. federal, state and foreign income taxes for the six months ended June 30, 2019 and 2018, respectively. The increase in income tax expense for the six months ended June 30, 2019 compared to the same period for 2018 was primarily related to the sale of Non-core Products on April 1, 2019. The effective tax rate decreased to 18.1% in the first half of 2019 from 19.8% in the first half of 2018 due to the impact of certain tax incentives, which did not impact the first half of 2018.

The Company has concluded that it is reasonably possible that its future provision for income taxes may be significantly impacted by changes to valuation allowance in certain countries within the following twelve months.