XML 18 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Taxes
3 Months Ended
Sep. 27, 2013
Income Taxes [Abstract]  
Income Taxes

Note K — Income Taxes

 

Our effective tax rate (income taxes as a percentage of income from continuing operations before income taxes) was 32.2 percent in the first quarter of fiscal 2014 compared with 31.6 percent in the first quarter of fiscal 2013. In the first quarter of fiscal 2014, our effective tax rate benefited from the settlement of a state tax audit. In the first quarter of fiscal 2013, our effective tax rate benefited from tax elections resulting in the deductibility of certain expenses, a reduction in estimated non-U.S. tax liabilities and a reduction in state taxes due to changes in certain state tax laws.