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Income Taxes
3 Months Ended
Apr. 02, 2017
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 2017 was 24.9% compared with 27.6% for the first quarter of 2016. The first quarter of 2017 included net discrete income tax benefits of $1.4 million compared with net discrete income tax benefits of $0.6 million for the first quarter of 2016. The 2017 amount included a $1.6 million income tax benefit related to share-based accounting compared with $0.6 million for the first quarter of 2016. Excluding net discrete income tax items in both periods, the effective tax rate would have been 28.3% for the first quarter of 2017 and 28.8% for the first quarter of 2016.