Income Taxes

3 Months Ended

Apr. 01, 2022

Income Tax Disclosure [Abstract]

Income Taxes

INCOME TAXES

	For the Three Months Ended
	April 1, 2022		April 2, 2021
Effective Income Tax Rate	24.5	%	2.5	%

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 April 1, 2022 to the corresponding rate in the prior year was primarily caused by a discrete benefit recorded in the prior period related to the sale of the Company’s former UK Composites business.