Income Taxes

6 Months Ended

Jul. 02, 2011

Income Taxes

Income Taxes

12. Income Taxes

        The Company's effective income tax rate was a provision of 40.3% and a benefit of 26.8% for the second quarter of fiscal 2011 and 2010, respectively. The effective tax rate for the second quarter of fiscal 2011 was consistent with the expected statutory rate. The effective tax rate in the second quarter of fiscal 2010 was lower than the statutory rate due to losses in foreign locations that could not be benefited.

        The effective income tax rate was a provision of 40.3% and a benefit of 8.7% for the fiscal year to date period ended July 2, 2011 and May 14, 2010, respectively. The effective tax rate for the fiscal year to date period ended July 2, 2011 was consistent with the expected statutory rate. The effective income tax rate for the fiscal year to date period ended May 14, 2010 was lower than the statutory rate primarily due to losses in foreign locations that could not be benefited.