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Income Taxes
 3 Months Ended
Apr. 29, 2023
Income Taxes [Abstract]  
Income Taxes
NOTE 9 – INCOME TAXES:
The Company had an effective tax rate for the
 
first quarter of 2023 of
32.6
% compared to an effective tax
rate of
16.7
% for the first quarter of 2022. The increase in the 2023 first quarter tax
 
rate was primarily due
to
 
higher
 
Global
 
Intangible
 
Low-taxed
 
Income
 
(GILTI),
 
partially
 
offset
 
by
 
the
 
foreign
 
rate
 
differential
and offshore claim, as a percentage on lower pre-tax earnings.