content_image/200222.jpg content_image/200221.jpg content_image/200220.jpg
The income tax provision (benefit) consists of the following: 

<img src='content_image/200222.jpg'>

The difference between the effective income tax rate reflected in the provision for income taxes and the U.S. federal statutory rate was as follows: 

<img src='content_image/200221.jpg'>

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Based upon existing market conditions and the Company’s earnings prospects, it is anticipated that all deferred tax assets will be realized in future years. Significant components of the Company’s net deferred tax assets (liabilities) are as follows: 

<img src='content_image/200220.jpg'>

