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Income Taxes
9 Months Ended
Oct. 02, 2015
Income Tax Disclosure [Abstract]  
Income Taxes
INCOME TAXES
 
 
For the Three Months Ended
 
For the Nine Months Ended
 
 
October 2,
2015
 
September 26,
2014
 
October 2,
2015
 
September 26,
2014
 
 
 
 
 
 
 
 
 
Effective Income Tax Rate
 
34.7
%
 
33.0
%
 
28.9
%
 
33.4
%


The effective income tax rate represents the combined federal, state and foreign tax effects attributable to pretax earnings for the period. The increase in the effective tax rate for the three-month fiscal period ended October 2, 2015, compared to the corresponding quarter in the prior year, was primarily due to return to provision adjustments recorded during the quarter ended September 26, 2014. The decrease in the effective tax rate for the nine months ended October 2, 2015, when compared to the corresponding period in the prior year, was primarily the result of discrete items recognized in 2015 relating to changes in tax laws. Prior to the law changes the Company had established valuation allowances against certain net operating loss carryforwards. Such allowances are no longer deemed necessary as the changes to the tax laws now make it more likely than not that these benefits will be realized in the future.