Income Taxes

9 Months Ended

Sep. 29, 2012

Income Taxes

3. INCOME TAXES

Income tax expense differs from the expected amounts based upon the statutory federal tax rates for the three months and nine months ended September 29, 2012 and October 1, 2011 as follows:

	Three months ended						Nine months ended
(In thousands)	September 29, 2012			October 1, 2011			September 29, 2012			October 1, 2011
Expected federal income tax at statutory rate	$	8,993		$	9,299		$	29,705		$	37,182
Effect of foreign source income		(1,230	)		1,091			(2,464	)		46
Valuation allowance		(165	)		(5,220	)		(457	)		(14,936	)
Other items, net		58			(588	)		516			258
Income tax expense	$	7,656		$	4,582		$	27,300		$	22,550