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Income Taxes
3 Months Ended
Mar. 29, 2015
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes
The income tax provision is calculated using an estimated annual effective tax rate, based upon expected annual income, permanent items, statutory rates and planned tax strategies in the various jurisdictions in which the Company operates. However, losses in certain jurisdictions and discrete items, such as the resolution of uncertain tax positions, are treated separately.
The Company’s effective income tax rate for the first quarter of 2015 was 29.8% compared with 25.8% for the first quarter of 2014. The first quarter of 2015 included net tax expense for discrete items of $0.2 million compared with net tax benefits for discrete items of $2.3 million for the first quarter of 2014. The net tax benefits for the first quarter of 2014 included the remeasurement of uncertain tax positions due to a favorable resolution of a tax matter. Excluding net discrete tax items in both periods, the effective tax rates would have been 29.5% for both the first quarter of 2015 and 2014.