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Income Taxes:
3 Months Ended
Mar. 31, 2018
Income Taxes:  
Income Taxes:

 

11. Income Taxes:

 

For the three months ended March 31, 2018 and April 1, 2017, the effective income tax rate was 25.4% and 37.0%, respectively. The lower effective income tax rate was primarily due to the enactment of the Tax Cuts and Jobs Act that reduced the federal corporate income tax rate from 35% to 21% beginning in 2018.