XML 55 R18.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income Taxes
3 Months Ended
Mar. 30, 2013
Income Tax Disclosure [Abstract]  
Income Taxes
INCOME TAXES
We have recorded gross unrecognized tax benefits as of March 30, 2013, totaling $6.6 million and related interest and penalties of $2.4 million in other noncurrent liabilities on the Condensed Consolidated Balance Sheets. Of this total amount, $7.3 million would affect the effective tax rate if subsequently recognized. As of December 29, 2012, we recorded gross unrecognized tax benefits totaling $6.0 million and related interest and penalties of $2.3 million in other noncurrent liabilities on the Condensed Consolidated Balance Sheets. We expect that certain income tax audits will be settled or various tax authorities’ statutes of limitations will expire during the next twelve months resulting in a potential $2.9 million reduction of the unrecognized tax benefit amount. We classify interest and penalties associated with income tax positions within income tax expense.
The effective tax rate decreased from 39.8% for the first quarter of 2012 to 37.7% for the first quarter of 2013. The decrease in the effective income tax rate was due to lower non-tax deductible expenses, primarily related to goodwill associated with the sale of route businesses.