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Income Taxes
3 Months Ended
Apr. 01, 2023
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The Corporation’s tax provision for interim periods is determined using an estimate of its annual effective tax rate, adjusted for discrete items. The following table summarizes the Corporation’s income tax provision:
Three Months Ended
April 1,
2023
April 2,
2022
Income before income taxes$3.8 $18.5 
Income taxes$2.2 $4.3 
Effective tax rate58.4 %23.2 %

The Corporation’s effective tax rate was higher in the three months ended April 1, 2023, compared to the same period last year, due to lower income before income taxes impacted by non-deductible transaction costs related to the planned acquisition of Kimball, as well as tax decrements on equity-based compensation.