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Income Taxes
9 Months Ended
Sep. 26, 2020
Income Tax Disclosure [Abstract]  
Income Taxes Income TaxesFor the quarter ended September 26, 2020, the Company recorded income tax expense of $43,163 on earnings before income taxes of $248,616 for an effective tax rate of 17.4%, as compared to an income tax expense of $22,522 on earnings before income taxes of $178,191, for an effective tax rate of 12.6% for the quarter ended September 28, 2019. For the nine months ended September 26, 2020, the Company recorded income tax expense of $43,467 on earnings before income taxes of $310,797 for an effective tax rate of 14.0%, as compared to income tax expense of $116,273 on earnings before income taxes of $596,171, for an effective tax rate of 19.5% for the nine months ended September 28, 2019. The difference in the effective tax rates for the comparative periods was caused by the geographical dispersion of profits and losses and non-recurring items associated with the impairment of the Company's net investment in a manufacturer and distributor of ceramic tile in China, a true-up related to U.S. taxes imposed on foreign income as part of the Tax Cut and Jobs Act, and a one-time cash repatriation.