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Income Taxes (Tables) | 12 Months Ended
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Dec. 29, 2018
Income Tax Disclosure [Abstract] |
Components of income before income taxes | The components of income before income taxes were taxed under the following jurisdictions:
(In thousands) |  | 2018 |  | 2017 |  | 2016
Domestic |  | $ | 105,455 |  |  | $ | 76,876 |  |  | $ | 103,576 |
Foreign |  | 44,962 |  |  | 50,096 |  |  | 42,454 |
Income before income taxes |  | $ | 150,417 |  |  | $ | 126,972 |  |  | $ | 146,030 |
Components of income tax expense | Income tax expense consists of the following:
(In thousands) |  | 2018 |  | 2017 |  | 2016
Current tax expense: |  |  |  |  |  |
Federal |  | $ | 17,974 |  |  | $ | 28,584 |  |  | $ | 32,262 |
Foreign |  | 9,650 |  |  | 10,219 |  |  | 5,667 |
State and local |  | 3,158 |  |  | 2,241 |  |  | 3,210 |
Current tax expense |  | 30,782 |  |  | 41,044 |  |  | 41,139 |
Deferred tax expense (benefit): |  |  |  |  |  |  |  |  |
Federal |  | (1,381 | ) |  | (1,764 | ) |  | 2,004 |
Foreign |  | 551 |  |  | 1,118 |  |  | 5,099 |
State and local |  | 1,000 |  |  | (2,514 | ) |  | (105 | )
Deferred tax expense (benefit) |  | 170 |  |  | (3,160 | ) |  | 6,998 |
Income tax expense |  | $ | 30,952 |  |  | $ | 37,884 |  |  | $ | 48,137 |
Income tax reconciliation | The difference between the reported income tax expense and a tax determined by applying the applicable U.S. federal statutory income tax rate to income before income taxes is reconciled as follows:
(In thousands) |  | 2018 |  | 2017 |  | 2016
Expected income tax expense |  | $ | 31,588 |  |  | $ | 44,440 |  |  | $ | 51,110 |
State and local income tax, net of federal benefit |  | 3,495 |  |  | 1,135 |  |  | 1,982 |
Effect of foreign statutory rates different from U.S. and other foreign adjustments |  | 759 |  |  | (6,026 | ) |  | (4,092 | )
Changes in valuation allowances |  | 1,133 |  |  | — |  |  | — |
U.S. production activities deduction |  | — |  |  | (1,575 | ) |  | (3,063 | )
Investment in unconsolidated affiliates |  | (3,909 | ) |  | 216 |  |  | 1,030 |
Benefit of stock-based compensation deductions |  | (41 | ) |  | (2,160 | ) |  | (656 | )
Effect of tax on accumulated foreign earnings |  | (4,415 | ) |  | 12,893 |  |  | — |
Effect of tax rate change on net deferred tax liability balance |  | — |  |  | (12,067 | ) |  | — |
Other, net |  | 2,342 |  |  | 1,028 |  |  | 1,826 |
Income tax expense |  | $ | 30,952 |  |  | $ | 37,884 |  |  | $ | 48,137 |
Components of deferred tax assets and liabilities | The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are presented below:
(In thousands) |  | 2018 |  | 2017
Deferred tax assets: |  |  |  |
Inventories |  | $ | 12,297 |  |  | $ | 10,598 |
Other postretirement benefits and accrued items |  | 9,213 |  |  | 9,239 |
Other reserves |  | 7,847 |  |  | 9,029 |
Federal and foreign tax attributes |  | 6,252 |  |  | 11,936 |
State tax attributes, net of federal benefit |  | 27,651 |  |  | 29,720 |
Stock-based compensation |  | 2,949 |  |  | 2,102 |
Basis difference in unconsolidated affiliates |  | 1,067 |  |  | — |
Total deferred tax assets |  | 67,276 |  |  | 72,624 |
Less valuation allowance |  | (25,311 | ) |  | (30,316 | )
Deferred tax assets, net of valuation allowance |  | 41,965 |  |  | 42,308 |
Deferred tax liabilities: |  |  |  |  |  |
Property, plant, and equipment |  | 44,910 |  |  | 43,972 |
Pension |  | 250 |  |  | 3,841 |
Basis difference in unconsolidated affiliates |  | — |  |  | 203 |
Total deferred tax liabilities |  | 45,160 |  |  | 48,016 |
Net deferred tax liabilities |  | $ | (3,195 | ) |  | $ | (5,708 | )

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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
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