XML 61 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 8 Income Taxes
3 Months Ended
Dec. 28, 2013
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block]
Income Taxes

The Company estimates its annual effective income tax rate at the end of each quarterly period. The estimate takes into account the geographic mix of expected pre-tax income (loss), expected total annual pre-tax income (loss), enacted changes in tax laws, implementation of tax planning strategies and possible outcomes of audits and other uncertain tax positions. To the extent there are fluctuations in any of these variables during a period, the provision for income taxes may vary.

The provision for income taxes for the first quarter of 2014 and 2013 was $10.6 million and $3.0 million, respectively. The increase in the first quarter of 2014 was primarily due to a significant increase in pre-tax income, changes in the jurisdictional mix of where income was earned and changes in tax law in certain foreign jurisdictions. As a result of tax law and tax rate changes in certain foreign jurisdictions, the Company recorded a benefit of $3.1 million related to revaluation of certain deferred tax assets.