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INCOME TAXES
6 Months Ended
Jun. 30, 2013
Income Tax Disclosure [Abstract]  
INCOME TAXES

NOTE 4 – INCOME TAXES

Income taxes were accrued at an effective rate of 35.3% in the second quarter of 2013 versus 41.8% in the second quarter of 2012, consistent with the Company’s estimated liabilities. The decrease in the effective rate was due to a moderate change in the proportional effects of permanent items on the effective rate. For the six months ended June 30, the Company’s effective tax rate was approximately 33.9% in 2013 and 32.7% in 2012.