INCOME TAXES	9 Months Ended
Sep. 27, 2014
INCOME TAXES
INCOME TAXES	NOTE 12INCOME TAXES Income tax expense for the three and nine months ended September 27, 2014 and September 28, 2013 consisted of a provision for federal, state and foreign taxes based on the annual estimated effective tax rate applicable to the Company, adjusted for items which are considered discrete to a particular period. The effective tax rates for the three and nine months ended September 27, 2014 were 19.7% and 27.0%, respectively, and the effective tax rates for the three and nine months ended September 28, 2013 were 67.1% and 22.3%, respectively. The effective tax rates for the current year periods are lower than the U.S. statutory rate of 35% due primarily to the favorable impact of an Extraterritorial Income exclusion benefit and a reduction of the corresponding uncertain tax position, which were recorded as discrete items during the third quarter of 2014, as well as the benefit of income recorded in foreign jurisdictions that have tax rates that are lower than U.S. tax rates.

INCOME TAXES

9 Months Ended

Sep. 27, 2014

NOTE 12INCOME TAXES

Income tax expense for the three and nine months ended September 27, 2014 and September 28, 2013 consisted of a provision for federal, state and foreign taxes based on the annual estimated effective tax rate applicable to the Company, adjusted for items which are considered discrete to a particular period. The effective tax rates for the three and nine months ended September 27, 2014 were 19.7% and 27.0%, respectively, and the effective tax rates for the three and nine months ended September 28, 2013 were 67.1% and 22.3%, respectively.

The effective tax rates for the current year periods are lower than the U.S. statutory rate of 35% due primarily to the favorable impact of an Extraterritorial Income exclusion benefit and a reduction of the corresponding uncertain tax position, which were recorded as discrete items during the third quarter of 2014, as well as the benefit of income recorded in foreign jurisdictions that have tax rates that are lower than U.S. tax rates.