XML 54 R31.htm IDEA: XBRL DOCUMENT v3.19.3
Income Taxes (Tables)
 9 Months Ended
Sep. 28, 2019
Income Tax Disclosure [Abstract]  
Summary of Differences Between U.S. Federal Statutory Tax Rate and Company's Consolidated Effective Tax Rate

The differences between the U.S. federal statutory tax rate and the Company’s consolidated effective tax rate were as follows:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 28,

 

 

September 29,

 

 

September 28,

 

 

September 29,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

U.S. federal statutory tax rate

 

21.0

%

 

 

21.0

%

 

 

21.0

%

 

 

21.0

%

 

State income taxes (net of federal benefit)

 

0.8

%

 

 

(0.6

%)

 

 

1.9

%

 

 

1.1

%

 

Cessation of operations

 

0.0

%

 

 

0.0

%

 

 

(0.6

%)

 

 

(0.9

%)

 

Research and development credit

 

(1.2

%)

 

 

(0.3

%)

 

 

(1.1

%)

 

 

(0.3

%)

 

Tax windfall on share-based awards

 

(0.3

%)

 

 

(3.0

%)

 

 

(0.1

%)

 

 

(12.4

%)

 

Tax return adjustments related to the 2017 Tax Act

 

(1.7

%)

 

 

(3.3

%)

 

 

(0.9

%)

 

 

(1.3

%)

 

Reserve for uncertain tax positions

 

0.0

%

 

 

(4.6

%)

 

 

(1.2

%)

 

 

(1.8

%)

 

GILTI

 

2.0

%

 

 

0.0

%

 

 

2.6

%

 

 

0.0

%

 

FDII

 

(4.9

%)

 

 

0.0

%

 

 

(3.6

%)

 

 

0.0

%

 

Impact of foreign operations

 

3.7

%

 

 

4.2

%

 

 

2.8

%

 

 

3.2

%

 

Other

 

2.4

%

 

 

1.6

%

 

 

2.2

%

 

 

1.2

%

 

Total effective tax rate

 

21.8

%

 

 

15.0

%

 

 

23.0

%

 

 

9.8

%