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Income Taxes
3 Months Ended
Jun. 30, 2015
Income Tax Disclosure [Abstract]  
Income Taxes
7. Income Taxes

The provision for income taxes increased to approximately $2.3 million for the three months ended June 30, 2015 from approximately $1.8 million for the three months ended June 30, 2014. The Company’s effective tax rate increased to 38.36% for the three months ended June 30, 2015 from 27.07% for the three months ended June 30, 2014. The effective tax rate for the three months ended June 30, 2014 was unusually low due to certain professional fees totaling approximately $1.2 million associated with the potential sale of the Company becoming deductible during the three months ended June 30, 2014 when the Arrangement Agreement was terminated.