Quarterly report pursuant to Section 13 or 15(d)

INCOME TAXES (Tables)

v2.4.0.8
INCOME TAXES (Tables)
 3 Months Ended
Mar. 31, 2014
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 
 March 31,
 
 
2014
 
2013
Statutory rate
 
35.0
%
 
35.0
 %
Non-deductible expenses (1)
 
1.5
%
 
(0.1
)%
Noncontrolling interest
 
0.4
%
 
0.4
 %
State taxes
 
2.1
%
 
2.0
 %
Effective tax rate
 
39.0
%
 
37.3
 %
____________________
(1) Non-deductible expenses are related primarily to share-based compensation payments.