And our final question will come from the line of Joe Gibney with Capital One Southcoast, please proceed.

Joe Gibney - Capital One Southcoast

Good morning, everybody.

Bruce W. Wilkinson

Good morning, Joe.

Joe Gibney - Capital One Southcoast

Most of my questions have been answered. Mike, just wanted to circle back around the tax issue. I know it''s a little bit like kind of through the dark board here relative to how things are trending, but any kind of help for how we are looking for Q3 and should we still be thinking about tax kind of in the high teens to 20% run rate next year?

Michael S. Taff

You know, Joe, I think that''s really predominantly as I''ve said in the call kind of where we are making money, I think, from a longer term. We still think obviously that B&W results will still be in the 35% federal tax range with some state tax, I mean I think 38%, 39% tax range for B&W is appropriate, and J. Ray is strictly contingent on where they make money. I mean some of the jurisdictions where we operate at our tax debt that in the 30%, 35% range and others are at zero. So, I think overall, I think we should take that in consideration, I think something higher than obviously the high teens probably makes sense but, whether it''s the mid 20% range or something like that I think will certainly be more prudent at this point than 18%.

Joe Gibney - Capital One Southcoast

All right. Thanks, guys. I''ll turn it back.

Operator

And this concludes our question-and-answer session. I would now like to turn the call back over to Mr. Jay Roueche for closing remarks.

Jay Roueche

Thanks, Lacy, and thank you all again for joining us today. Just a quick reminder that today''s call included some forward-looking statements and for more information on these I encourage you to see our SEC filings. Please call Robby or me if you have any questions after the call or need any additional clarification, and we look forward to seeing many of you in the coming months at some of the conferences we''ll be attending, and Lacy, this will conclude our call.

Operator

Thank you for your participation in today''s conference. This concludes your presentation. You may now disconnect. Good day everyone.