content_image/194167.jpg content_image/194168.jpg content_image/194169.jpg
## 15. Income Taxes 

## Income Tax Expense and Effective Tax Rate 

The following table shows our income tax expense and our effective tax rate: 

<img src='content_image/194167.jpg'>

The following table reconciles our income tax expense at the U.S. federal income tax rate of 35% to income tax expense as recorded: 

## Income Tax Expense 

Income tax expense consists of the following: 

<img src='content_image/194168.jpg'>

<img src='content_image/194169.jpg'>

