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Note 10 - Income Taxes
9 Months Ended
Oct. 02, 2016
Notes to Financial Statements  
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 nine months of 2016, the Company decreased its liability for unrecognized tax benefits by $0.1 million. As of October 2, 2016, the Company had accrued approximately $28.2 million for unrecognized tax benefits. In accordance with applicable accounting standards, the Company’s deferred tax asset as of October 2, 2016 reflects a reduction for $14.2 million of these unrecognized tax benefits.