INCOME TAXES	9 Months Ended
Sep. 30, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company’s effective tax rate from continuing operations for the nine month period ended September 30, 2017 was 15.4 percent as compared to 25.3 percent for the nine month period ended October 1, 2016. For the third quarters of 2017 and 2016 the effective tax rate was 19.0 percent and 25.0 percent, respectively. The effective tax rate continues to be lower than the U.S. statutory rate primarily due to the indefinite reinvestment of foreign earnings taxed at rates below the U.S. statutory rate as well as recognition of U.S. incentives and certain discrete events. The Company has the ability to indefinitely reinvest these foreign earnings based on the earnings and cash projections of its other operations as well as cash on hand and available credit. The Company recorded discrete excess tax benefits from stock-based compensation of $1.5 million in the nine month period ended September 30, 2017 and $0.9 million during the third quarter related to the adoption of ASU 2016-09. The adoption of ASU 2016-09 for stock-based compensation can add variability to the Company's provision for income taxes, mainly due to the timing of stock option exercises, vesting of restricted stock units, and the stock price. During the second quarter ended June 30, 2017, the Company acquired controlling interests in three U.S. distributors (see Note 3 - Acquisitions). These transactions created a discrete non-taxable gain recognized on the original minority equity investments resulting in a tax benefit of $1.9 million. During the first quarter ended March 31, 2017, the Company realized a loss on discrete intercompany loans that were long-term-investment in nature resulting in a permanent tax benefit of $1.7 million and the Company released a valuation allowance on deferred tax of $1.9 million in a foreign jurisdiction where a restructuring occurred.

INCOME TAXES

The Company’s effective tax rate from continuing operations for the nine month period ended September 30, 2017 was 15.4 percent as compared to 25.3 percent for the nine month period ended October 1, 2016. For the third quarters of 2017 and 2016 the effective tax rate was 19.0 percent and 25.0 percent, respectively.

The effective tax rate continues to be lower than the U.S. statutory rate primarily due to the indefinite reinvestment of foreign earnings taxed at rates below the U.S. statutory rate as well as recognition of U.S. incentives and certain discrete events. The Company has the ability to indefinitely reinvest these foreign earnings based on the earnings and cash projections of its other operations as well as cash on hand and available credit.

The Company recorded discrete excess tax benefits from stock-based compensation of $1.5 million in the nine month period ended September 30, 2017 and $0.9 million during the third quarter related to the adoption of ASU 2016-09. The adoption of ASU 2016-09 for stock-based compensation can add variability to the Company's provision for income taxes, mainly due to the timing of stock option exercises, vesting of restricted stock units, and the stock price.

During the second quarter ended June 30, 2017, the Company acquired controlling interests in three U.S. distributors (see Note 3 - Acquisitions). These transactions created a discrete non-taxable gain recognized on the original minority equity investments resulting in a tax benefit of $1.9 million.

During the first quarter ended March 31, 2017, the Company realized a loss on discrete intercompany loans that were long-term-investment in nature resulting in a permanent tax benefit of $1.7 million and the Company released a valuation allowance on deferred tax of $1.9 million in a foreign jurisdiction where a restructuring occurred.