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Income Taxes
9 Months Ended
Oct. 03, 2015
Income Tax Disclosure [Abstract]  
Income Taxes

Note 17 – Income Taxes

The Company recognized a tax benefit of $5.9 million for the nine-months ended October 3, 2015 compared to a tax expense of $25.2 million for the corresponding period in the prior year. The Company’s effective tax rates were 4.3% and 23.1% as of October 3, 2015 and September 27, 2014, respectively. The Company’s effective tax rate was lower than the federal statutory rate of 35% primarily due to pre-tax losses in the United States and corporate structure alignment initiatives in various non-US jurisdictions.

Since the date of the Enterprise acquisition, as part of its corporate initiatives of integrating the Enterprise business, the Company has been executing its integration plan for the Enterprise business (the “Integration Plan”). The Company anticipates completing the Integration Plan as soon as practicable and expects that the Integration Plan will allow the combined businesses to achieve further synergies and cost savings associated with the acquisition. As part of the Integration Plan, the Company began realigning certain acquired assets of the Enterprise business with and into the Company’s corporate structure and business model.