XML 112 R85.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 29, 2018
Income Tax Disclosure [Abstract]      
Income tax provision at federal statutory rate 21.00% 21.00% 21.00%
Transition tax on deemed repatriation of foreign earnings 0 0 0.028
Pass through non-controlling interest 0.00% 0.00% (2.10%)
State income tax provision, net of federal income tax effect (3.70%) 0.90% 1.40%
Foreign income tax (benefit) provision 15.70% 0.30% 1.40%
Tax on GILTI (42.60%) (0.90%) 1.40%
Excess tax benefits related to share-based compensation (28.40%) (0.50%) (0.70%)
Revaluation of deferred tax assets and liabilities 0 (0.009) 0
Valuation allowance impacts (2.20%) (0.50%) 0.00%
Goodwill impairment 0.00% (14.40%) 0.00%
Non-deductible expenses (29.30%) (0.60%) 0.00%
Reverse Book Gain/(Loss) on Foreign Sales 69.20% 0.30% 0.00%
Return to Provision 12.10% 0.00% 0.00%
Impact of Partnership Inside/Outside Basis Conversion 7.50% 0.00% 0.00%
Impact of Uncertain Tax Positions 2.20% 0.10% 0.00%
Credits 6.60% 0.00% 0.00%
Other 0.80% (0.30%) 0.70%
Effective tax rate 28.90% 4.50% 25.90%