Quarterly report pursuant to Section 13 or 15(d)

Income Tax Benefit/Expense

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Income Tax Benefit/Expense
9 Months Ended
Sep. 30, 2016
Income Tax Disclosure [Abstract]  
Income Tax Benefit/Expense
Income Tax Expense (Benefit)
During the third quarter of 2016, we had income tax expense of $5.3 million compared with income tax expense of $31.9 million during the third quarter of 2015. Despite the pre-tax loss for the third quarter of 2016, we recognized income tax expense due to the jurisdictional mix of income and loss during the quarter, along with our continued inability to recognize the benefits associated with certain losses as a result of valuation allowances. During the 2015 third quarter, we recognized income tax expense as a result of recording a valuation allowance of $36.6 million primarily on U.S. foreign tax credits and certain foreign net operating losses.