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Note 10 - Income Taxes
3 Months Ended
Apr. 05, 2015
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block]

NOTE 10 – INCOME TAXES


Accounting standards require that all tax positions be analyzed using a two-step approach. The first step requires an entity to determine if a tax position is more-likely-than-not to be sustained upon examination. In the second step, the tax benefit is measured as the largest amount of benefit, determined on a cumulative probability basis, that is more-likely-than-not to be realized upon ultimate settlement. In the first three months of 2015, the Company increased its liability for unrecognized tax benefits by $0.2 million. As of April 5, 2015, the Company had accrued approximately $27.1 million for unrecognized tax benefits. In accordance with applicable accounting standards, the Company’s deferred tax asset as of April 5, 2015 reflects a reduction for $21.8 million of these unrecognized tax benefits.