Income Taxes

3 Months Ended

Mar. 29, 2026

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

For the quarter ended March 29, 2026, the Company’s effective tax rate was 11.8%, resulting in an income tax provision of $16.1 million. For the quarter ended March 30, 2025, the Company’s effective tax rate was 17.3%, resulting in an income tax provision of $21.0 million. The effective tax rate for the quarter ended March 29, 2026 included discrete tax benefits of $11.9 million, primarily related to share-based compensation. Excluding discrete tax impacts, the Company’s effective tax rate for the quarter ended March 29, 2026 was 20.5%. The effective tax rate for the quarter ended March 30, 2025 included discrete tax benefits of $5.1 million. Excluding discrete tax impacts, the Company’s effective tax rate for the quarter ended March 30, 2025 was 21.5%.