XML 20 R9.htm IDEA: XBRL DOCUMENT v3.22.2
Accounting Policies
6 Months Ended
Jun. 26, 2022
Accounting Policies  
Accounting Policies

2. Accounting Policies

The significant accounting policies used in preparation of these consolidated financial statements for the second quarter ended June 26, 2022, are consistent with those discussed in Note 2 of the Notes to Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021.

Shipping and Handling

Shipping and handling costs included in selling, general and administrative expenses amounted to $18.4 million and $17.5 million for the second quarters of 2022 and 2021, respectively, and were $36.1 million and $32.9 million for the first six months of 2022 and 2021, respectively.

Research and Development

Research and development costs included in selling, general and administrative expenses amounted to $12.3 million and $11.0 million for the second quarters of 2022 and 2021, respectively, and were $24.2 million and $21.8 million for the first six months of 2022 and 2021, respectively.