Note 15 - Income Taxes

3 Months Ended

Apr. 01, 2017

Notes to Financial Statements

Income Tax Disclosure [Text Block]

15. Income Taxes

The projected fiscal

2017

effective income tax rates as of

April

1,

2017

and applied for the

thirteen

week period ended

April

1,

2017

are approximately

41.6%

and

26.5%

in the United States and Canada, respectively, and yielded a consolidated effective income tax rate of approximately

39.0%

for the

thirteen

week period ended

April

1,

2017.

For the comparable prior year period estimated income tax rates were

41.6%

and

26.5%

in the United States and Canada, respectively, and yielded a consolidated effective income tax rate of approximately

38.2%

for the

thirteen

week period ended

April

2,

2016.

  The relative income or loss generated in each jurisdiction can materially impact the overall effective income tax rate of the Company.