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Note 11 - Income Taxes
9 Months Ended
Oct. 04, 2015
Notes to Financial Statements  
Income Tax Disclosure [Text Block]
NOTE 11 – 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 nine months of 2015, the Company decreased its liability for unrecognized tax benefits by $0.1 million. As of October 4, 2015, the Company had accrued approximately $27.3 million for unrecognized tax benefits. In accordance with applicable accounting standards, the Company’s deferred tax asset as of October 4, 2015 reflects a reduction for $21.9 million of these unrecognized tax benefits.