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Profit Sharing and 401(k) Plan
6 Months Ended
Jun. 29, 2019
Profit Sharing And401 K Plan [Abstract]  
Profit Sharing and 401(k) Plan

10. Profit Sharing and 401(k) Plan

 

Under our profit sharing and 401(k) plan, eligible employees may defer up to 50% of their compensation on a pre-tax basis, subject to Internal Revenue Service limitations. Each pay period, we may make a discretionary contribution equal to a percentage of the employee’s contribution. During the three months ended June 29, 2019 and June 30, 2018, our contributions, net of forfeitures, were $1.5 million and $1.3 million, respectively. During the six months ended June 29, 2019 and June 30, 2018, our contributions, net of forfeitures, were $3.0 million and $2.7 million, respectively.