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Income Taxes
9 Months Ended
Oct. 01, 2011
Income Taxes [Abstract] 
Income Taxes

Note 7. Income Taxes

The Company records the interest charge and penalty charge, if any, with respect to uncertain tax positions as a component of tax expense. During the nine months ended October 1, 2011 and October 2, 2010, the Company recognized approximately $61,000 and $(143,000), respectively, in interest related to uncertain tax positions. The Company had approximately $224,000 and $163,000 for the payment of interest and penalties accrued at October 1, 2011 and December 31, 2010, respectively.

The Company's total amount of unrecognized tax benefits was approximately $1,750,000 and $1,343,000 at October 1, 2011 and December 31, 2010, respectively. These amounts, if recognized, would affect the effective income tax rate.

The Company's effective tax rate for the nine months of 2011 was higher as a result of the non-deductibility of various expenses related to the acquisition of LaBarge, partially offset by various tax benefits related to research and development tax credits. The Company's effective tax rate for the nine months of 2010 included benefits received from the revision of the Company's estimate of its unrecognized tax benefits related to research and development tax credits. The Company's effective tax rate for the nine months of 2010 reflected no current year federal research and development tax benefits.

The Company's federal income tax return for 2009 and California franchise (income) tax returns for 2004 and 2005 have been selected for examination. Management does not expect the results of these examinations to have a material impact on the Company's financial statements. Federal income tax returns after 2006, California franchise (income) tax returns after 2005 and other state income tax returns after 2005 are subject to examination.