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INCOME TAXES (Tables)
12 Months Ended
Sep. 28, 2018
Income Tax Disclosure [Abstract]  
U.S. And Foreign Income Before Taxes
The U.S. and foreign income before income taxes for the respective years consisted of the following:

 
2018
 
2017
 
2016
United States
$
57,888

 
$
41,463

 
$
28,881

Foreign
10,218

 
6,747

 
(5,226
)
 
$
68,106

 
$
48,210

 
$
23,655

Income Tax Expense
Income tax expense for the respective years consisted of the following:

 
2018
 
2017
 
2016
Current:
 
 
 
 
 
Federal
$
12,390

 
$
13,154

 
$
9,471

State
4,482

 
2,361

 
1,492

Foreign
1,678

 
1,455

 
986

Deferred
8,887

 
(3,917
)
 
(1,795
)
 
$
27,437

 
$
13,053

 
$
10,154

Tax Effects Of Temporary Differences Giving Rise To Deferred Tax Assets And Liabilities
The tax effects of temporary differences that give rise to deferred tax assets and deferred tax liabilities at the end of the respective years are presented below:

 
2018
 
2017
Deferred tax assets:
 
 
 
Inventories
$
1,477

 
$
2,263

Compensation
6,930

 
14,260

Tax credit carryforwards
3,890

 
8,203

Net operating loss carryforwards
4,399

 
5,844

Other
6,458

 
8,041

Total gross deferred tax assets
23,154

 
38,611

Less valuation allowance
6,402

 
8,613

Deferred tax assets
16,752

 
29,998

Deferred tax liabilities:
 

 
 

Goodwill and other intangibles
1,236

 
1,805

Depreciation and amortization
4,759

 
6,802

Foreign statutory reserves
724

 
604

Net deferred tax assets
$
10,033

 
$
20,787

Schedule Of Net Deferred Tax Assets In Consolidated Balance Sheet
The net deferred tax assets recorded in the accompanying Consolidated Balance Sheets as of the years ended September 28, 2018 and September 29, 2017 were as follows:

 
2018
 
2017
Non-current assets
$
11,748

 
$
22,632

Non-current liabilities
1,715

 
1,845

Net deferred tax assets
$
10,033

 
$
20,787

Significant Differences Between Statutory Federal Tax Rate And Effective Income Tax Rate
The significant differences between the statutory federal tax rate and the effective income tax rates for the Company for the respective years shown below were as follows:

 
2018
 
2017
 
2016
Statutory U.S. federal income tax rate
24.5
 %
**
35.0
 %
 
35.0
 %
Foreign rate differential
 %
 
(1.1
)%
 
0.3
 %
State income tax, net of federal benefit
4.1
 %
 
4.0
 %
 
6.1
 %
Tax credit
(0.7
)%
 
(0.9
)%
 
(3.2
)%
Deferred tax asset valuation allowance
0.6
 %
 
(0.3
)%
 
0.8
 %
Uncertain tax positions, net of settlements
2.2
 %
 
0.9
 %
 
1.4
 %
Goodwill impairment
 %
 
 %
 
6.6
 %
Section 199 manufacturer's deduction
(2.2
)%
 
(2.8
)%
 
(4.2
)%
Taxes related to foreign income, net of credits
0.1
 %

(8.7
)%
*
0.5
 %
Compensation
1.5
 %

 %

 %
Tax rate or law change
12.3
 %
 
 %
 
 %
Other
(2.1
)%
 
1.0
 %
 
(0.4
)%
 
40.3
 %
 
27.1
 %
 
42.9
 %

* Rate benefit is primarily from excess foreign tax credits generated by a dividend repatriation in the first quarter of fiscal 2017.
** The federal statutory rate is a blended rate which reflects 35.0% through December 31, 2017 and the lower rate of 21.0% beginning on January 1, 2018 due to tax reform.
Summary Of Operating Loss Carryforwards
The Company’s net operating loss carryforwards and their expirations as of September 28, 2018 were as follows:

 
State
 
Foreign
 
Total
Year of expiration
 
 
 
 
 
2019-2023
$
840

 
$
3,626

 
$
4,466

2024-2028
2,427

 
1,209

 
3,636

2029-2033
14,060

 

 
14,060

2034-2038
67

 

 
67

Indefinite

 
6,326

 
6,326

Total
$
17,394

 
$
11,161

 
$
28,555

Summary Of Tax Credit Carryforwards
The Company has tax credit carryforwards as follows:

 
State
 
Federal
 
Total
Year of expiration
 
 
 
 
 
2019-2023
$
1,782

 
$

 
$
1,782

2024-2028
1,365

 

 
1,365

2029-2033
598

 

 
598

2034-2038
120

 

 
120

Indefinite

 

 

Total
$
3,865

 
$

 
$
3,865

Reconciliation Of Beginning And Ending Amount Of Unrecognized Tax Benefits
 
A reconciliation of the beginning and ending amount of unrecognized tax benefits follows:

 
2018
 
2017
Beginning balance
$
5,489


$
5,096

Gross increases - tax positions in prior period
2,962


300

Gross decreases - tax positions in prior period
(105
)


Gross increases - tax positions in current period
1,064


554

Settlements


(81
)
Lapse of statute of limitations

(581
)

(380
)
Ending balance
$
8,829


$
5,489

Summary of Income Tax Examinations
The following tax years remain subject to examination by the Company's respective major tax jurisdictions:

Jurisdiction
Fiscal Years
United States
2015-2018
Canada
2014-2018
France
2015-2018
Germany
2013-2018
Italy
2013-2018
Switzerland
2008-2018