Income Taxes

6 Months Ended

Jul. 01, 2022

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

The effective income tax rate for the Company was a benefit of 10.8% and 12.7% for the three months and six months ended July 1, 2022, as compared to an expense of 12.7% and a benefit of 8.3% for the three months and six months ended June 25, 2021. The change in the effective tax rate for the three months and six months ended July 1, 2022, and the difference from the U.S. federal statutory rate of 21%, was primarily the result of allocation of income between jurisdictions, low pretax book income as compared to tax expense and a change in the state deferred rate.

Income tax benefit was $163 and $524 during the three months and six months ended July 1, 2022, compared to an expense of $119 and a benefit of $644 during the three months and six months ended June 25, 2021.