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Income Taxes
3 Months Ended
Apr. 03, 2021
Income Tax Disclosure [Abstract]  
Income Taxes

9.Income Taxes

The effective tax rates for the three months ended April 3, 2021 and March 28, 2020 were 30.0% and 9.7%, respectively. For the three months ended April 3, 2021, the difference between the U.S. federal statutory tax rate and the Company’s consolidated effective tax rate was primarily due to state income tax expense and tax expense from income earned in foreign jurisdictions, partially offset by a tax benefit related to foreign-derived intangible income and a tax benefit related to tax windfalls from stock compensation. For the three months ended March 28, 2020, the difference between the U.S. federal statutory tax rate and the Company’s consolidated effective tax rate was primarily due to an impairment of its Brazil reporting unit which had a full valuation allowance, tax expense related to global intangible low-taxed income and state income tax expense, partially offset by a tax benefit from income earned in foreign jurisdictions.