Quarterly report pursuant to Section 13 or 15(d)

INCOME TAXES (Tables)

v2.4.0.8
INCOME TAXES (Tables)
9 Months Ended
Sep. 30, 2013
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation
The following table shows the effective income tax rate on continuing operations:
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
 
2013
 
2012
 
2013
 
2012
Statutory rate
 
35.0
%
 
35.0
%
 
35.0
%
 
35.0
 %
Non-deductible expenses (1)
 
0.7
%
 
0.4
%
 
0.2
%
 
(0.4
)%
Noncontrolling interest
 
0.6
%
 
%
 
0.5
%
 
 %
State taxes
 
1.0
%
 
0.5
%
 
1.2
%
 
0.5
 %
Effective Tax Rate
 
37.3
%
 
35.9
%
 
36.9
%
 
35.1
 %
____________________
(1) Non-deductible expenses are related primarily to share-based payments.