Income Taxes

3 Months Ended

Oct. 01, 2011

Income Taxes [Abstract]

Income Taxes

6. Income Taxes

Our effective tax rate decreased to 40.0% in the first quarter of fiscal 2012 from 41.9% in the same period of fiscal 2011. The tax rates for both years were higher than our statutory rate primarily due to the write-off of deferred tax assets associated with equity compensation. In addition, the current period tax rate was lower than the prior period tax rate primarily due to a decrease in the amount of deferred tax asset write-offs related to equity compensation.