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Accounting Policies
3 Months Ended
Mar. 27, 2022
Accounting Policies  
Accounting Policies

2. Accounting Policies

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The significant accounting policies used in preparation of these consolidated financial statements for the first quarter ended March 27, 2022, are consistent with those discussed in Note 2 of the Notes to Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021.

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Shipping and Handling

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Shipping and handling costs included in selling, general and administrative expenses amounted to $17.7 million and $15.4 million for the first quarters of 2022 and 2021, respectively.

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Research and Development

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Research and development costs included in selling, general and administrative expenses amounted to $11.9 million and $10.9 million for the first quarters of 2022 and 2021, respectively.