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Note 8 - Income Taxes - Reconciliation of the U.S. Statutory Income Tax Rate to Effective Tax Rate (Details)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Statutory U.S. income tax rate 21.00% 21.00% 21.00%
State income tax, net of federal effect 1.00% 1.40% 0.60%
Global intangible low-taxed income (0.20%) 0.50% (1.20%)
Foreign derived intangible income (1.30%) (8.50%)
Remeasurement of deferred tax assets and liabilities (13.40%) (0.60%)
Differential arising from foreign earnings (1) [1] 2.00% 15.20% 5.40%
IRS settlements & change in reserve 1.60% 12.10% 8.50%
Valuation allowance (0.50%) 2.50% (3.70%)
Tax credits (2.60%) (29.70%) (2.80%)
Stock compensation (1.50%) (1.70%) (0.60%)
Legal entity rationalization (2.20%)
Intercompany loan adjustment (6.20%) 0.50%
Non-deductible expenses 1.40% 7.00% 2.10%
Other items, net (0.80%) (0.10%) (1.00%)
Effective income tax rate 20.50% 17.80% 21.10%
[1] Includes impact of intercompany asset sales.