INCOME TAXES |
6 Months Ended | ||||||||||||
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Jun. 26, 2022 | |||||||||||||
| Income Tax Disclosure [Abstract] | |||||||||||||
| INCOME TAXES |
The effective tax rate in the second quarter of 2022 and 2021 was 26.8% and 26.9%, respectively, and the effective tax rate for the comparable six month periods was 25.1% and 22.8%, respectively. The first six months of 2022 and 2021 rates include the impact of the recognition of excess tax benefits on share-based compensation that was recorded as a reduction to income tax expense in the amount of $4.0 million and $5.7 million, respectively.
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