Income Taxes	6 Months Ended
Jun. 29, 2013
Income Taxes [Abstract]
Income Taxes	Note 7 – Income Taxes The Company’s effective tax rate for the second quarter of 2013 was 36 percent compared with 33 percent for the same period last year. Factors that explain the difference between the effective tax rate and what would be computed using the U.S. federal statutory tax rate for the second quarter of 2013 were decreases related to: (i) the U.S. production activities deduction of $1.7 million; (ii) decreases in valuation allowances of $0.8 million; and (iii) the effect of foreign tax rates lower than statutory tax rates and other foreign adjustments of $1.1 million. These items were offset by the provision for state income taxes, net of the federal benefit, of $5.1 million. The Company’s effective tax rate for the second quarter of 2012 was 33 percent. Factors that explain the difference between the effective tax rate and what would be computed using the U.S. federal statutory tax rate for the second quarter of 2012 were: (i) the U.S. production activities deduction of $0.9 million and (ii) the effect of foreign tax rates lower than statutory tax rates and other foreign items of $1.2 million. These items were partially offset by the provision for state income taxes, net of the federal benefit, of $1.1 million. The Company’s effective tax rate for the first half of 2013 was 36 percent compared with 29 percent for the same period last year. Factors that explain the difference between the effective tax rate and what would be computed using the U.S. federal statutory tax rate for the first half were reductions related to: (i) the effect of foreign tax rates lower than statutory tax rates and other foreign items of $1.4 million; (ii) decreases in valuation allowances of $1.3 million; and (iii) the U.S. production activities deduction of $2.9 million. These items were offset by the provision for state income taxes, net of the federal benefit, of $6.2 million. The Company’s effective tax rate for the first half of 2012 was 29 percent. Factors that explain the difference between the effective tax rate and what would be computed using the U.S. federal statutory tax rate for the first half of 2012 were reductions related to: (i) the effect of foreign tax rates lower than statutory tax rates and other foreign items of $3.9 million; (ii) decreases in unrecognized tax benefits of $0.8 million; (iii) decreases in valuation allowances of $1.0 million; and (iv) the U.S. production activities deduction of $2.1 million. These items were partially offset by the provision for state income taxes, net of the federal benefit, of $2.3 million. During the second quarter of 2013, the Company recognized a gain of $106.3 million on the settlement of the insurance claim related to the 2011 fire at Wynne, Arkansas. The tax expense attributable to this gain of $40.7 million was also recorded in the second quarter. Due to ongoing federal and state income tax audits and potential lapses of the statutes of limitations in various taxing jurisdictions, it is reasonably possible that unrecognized tax benefits may decrease in the next twelve months by up to $0.3 million, none of which would impact the effective tax rate. Total unrecognized tax benefits, including derecognized deferred tax assets, at the end of the second quarter were $3.1 million. The Company files a consolidated U.S. federal income tax return and numerous consolidated and separate-company income tax returns in many state, local, and foreign jurisdictions. The statute of limitations is open for the Company’s federal tax return and most state income tax returns for 2009 and all subsequent years. The Internal Revenue Service has audited the Company’s 2009 and 2010 consolidated U.S. federal income tax returns, the results of which were immaterial to the Company’s financial position, results of operations, and cash flows. The statutes of limitations for certain state and foreign returns are open for earlier tax years due to ongoing audits and differing statute periods. While the Company believes that it is adequately reserved for possible future audit adjustments, the final resolution of these examinations cannot be determined with certainty and could result in final settlements that differ from current estimates

Note 7 – Income Taxes

The Company’s effective tax rate for the second quarter of 2013 was 36 percent compared with 33 percent for the same period last year. Factors that explain the difference between the effective tax rate and what would be computed using the U.S. federal statutory tax rate for the second quarter of 2013 were decreases related to: (i) the U.S. production activities deduction of $1.7 million; (ii) decreases in valuation allowances of $0.8 million; and (iii) the effect of foreign tax rates lower than statutory tax rates and other foreign adjustments of $1.1 million. These items were offset by the provision for state income taxes, net of the federal benefit, of $5.1 million.

The Company’s effective tax rate for the second quarter of 2012 was 33 percent. Factors that explain the difference between the effective tax rate and what would be computed using the U.S. federal statutory tax rate for the second quarter of 2012 were: (i) the U.S. production activities deduction of $0.9 million and (ii) the effect of foreign tax rates lower than statutory tax rates and other foreign items of $1.2 million. These items were partially offset by the provision for state income taxes, net of the federal benefit, of $1.1 million.

The Company’s effective tax rate for the first half of 2013 was 36 percent compared with 29 percent for the same period last year. Factors that explain the difference between the effective tax rate and what would be computed using the U.S. federal statutory tax rate for the first half were reductions related to: (i) the effect of foreign tax rates lower than statutory tax rates and other foreign items of $1.4 million; (ii) decreases in valuation allowances of $1.3 million; and (iii) the U.S. production activities deduction of $2.9 million. These items were offset by the provision for state income taxes, net of the federal benefit, of $6.2 million.

The Company’s effective tax rate for the first half of 2012 was 29 percent. Factors that explain the difference between the effective tax rate and what would be computed using the U.S. federal statutory tax rate for the first half of 2012 were reductions related to: (i) the effect of foreign tax rates lower than statutory tax rates and other foreign items of $3.9 million; (ii) decreases in unrecognized tax benefits of $0.8 million; (iii) decreases in valuation allowances of $1.0 million; and (iv) the U.S. production activities deduction of $2.1 million. These items were partially offset by the provision for state income taxes, net of the federal benefit, of $2.3 million.

During the second quarter of 2013, the Company recognized a gain of $106.3 million on the settlement of the insurance claim related to the 2011 fire at Wynne, Arkansas. The tax expense attributable to this gain of $40.7 million was also recorded in the second quarter.

Due to ongoing federal and state income tax audits and potential lapses of the statutes of limitations in various taxing jurisdictions, it is reasonably possible that unrecognized tax benefits may decrease in the next twelve months by up to $0.3 million, none of which would impact the effective tax rate. Total unrecognized tax benefits, including derecognized deferred tax assets, at the end of the second quarter were $3.1 million.

The Company files a consolidated U.S. federal income tax return and numerous consolidated and separate-company income tax returns in many state, local, and foreign jurisdictions. The statute of limitations is open for the Company’s federal tax return and most state income tax returns for 2009 and all subsequent years. The Internal Revenue Service has audited the Company’s 2009 and 2010 consolidated U.S. federal income tax returns, the results of which were immaterial to the Company’s financial position, results of operations, and cash flows. The statutes of limitations for certain state and foreign returns are open for earlier tax years due to ongoing audits and differing statute periods. While the Company believes that it is adequately reserved for possible future audit adjustments, the final resolution of these examinations cannot be determined with certainty and could result in final settlements that differ from current estimates