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Income Taxes
3 Months Ended
Apr. 01, 2017
Income Tax Disclosure [Abstract]  
Income Taxes
INCOME TAXES
The effective tax rate for the three months ended April 1, 2017 was 22.5% compared to 23.0% for the three months ended April 2, 2016. The change in the effective tax rate for the three months ended April 1, 2017 was primarily driven by the mix of earnings. The lower effective rate as compared to the 35.0% statutory Federal income tax rate is driven by lower foreign tax rates.
As of April 1, 2017 and December 31, 2016, the Company had approximately $10.0 million of unrecognized tax benefits, all of which would impact the effective income tax rate if recognized. Potential interest and penalties related to unrecognized tax benefits are recorded in income tax expense.
With few exceptions, the Company is no longer subject to US Federal and state/local income tax examinations by tax authorities for years prior to 2012, and the Company is no longer subject to non-US income tax examinations by tax authorities for years prior to 2010.