Income Taxes	6 Months Ended
Aug. 04, 2018
IncomeTaxDisclosureAbstract
Income Taxes	The Company had an effective tax rate for the first six months of 2018 of 12.3% compared to 10.8% for the first six months of 2017. The increase in the effective tax rate for the first six months is attributable to higher pre-tax earnings and a higher proportion of income being generated from jurisdictions with higher tax rates, partially offset by ongoing savings from tax initiatives. Our estimated annual effective tax rate for the current year includes the impact of the new tax on Global Intangible Low Taxed Income (“GILTI”). We continue evaluating the accounting policy election for deferred taxes under GILTI.

Income Taxes

6 Months Ended

Aug. 04, 2018

The Company had an effective tax rate for the first six months of 2018 of 12.3% compared to 10.8% for the first six months of 2017. The increase in the effective tax rate for the first six months is attributable to higher pre-tax earnings and a higher proportion of income being generated from jurisdictions with higher tax rates, partially offset by ongoing savings from tax initiatives. Our estimated annual effective tax rate for the current year includes the impact of the new tax on Global Intangible Low Taxed Income (“GILTI”). We continue evaluating the accounting policy election for deferred taxes under GILTI.