Income Taxes (Tables)

9 Months Ended

Sep. 26, 2021

Income Tax Disclosure [Abstract]

Reconciliation of income tax benefit at statutory rate to income tax provision

A reconciliation of the total income tax provision (benefit) to the amount computed by applying the statutory federal income tax rate of 21% to income from continuing operations before income taxes for the three and nine months ended September 26, 2021 and September 27, 2020 is as follows (in millions):

	For the Three Months Ended				For the Nine Months Ended
	September 26, 2021		September 27, 2020		September 26, 2021		September 27, 2020
Income tax expense at federal statutory rate	$	1.0	$	1.6	$	0.3	$	0.8
State and foreign taxes, net of federal tax benefit and valuation allowance	2.1		1.9		0.6		1.2
Release of valuation allowance due to acquisitions	—		(0.1)		—		(1.0)
Nondeductible expenses and other	3.2		2.5		1.0		1.2
Impact of deferred tax liabilities for indefinite-lived assets	—		1.1		—		0.5
Increase in reserves for uncertain tax positions	0.4		2.2		0.5		1.2
Stock compensation - excess tax benefits	(0.1)		—		(2.7)		—
Federal impact of research & development tax credits	(0.9)		—		(0.3)		—
Decrease in federal valuation allowance	—		(4.2)		—		(2.1)
Provision (benefit) for income taxes from continuing operations	$	5.7	$	5.0	$	(0.6)	$	1.8