Income Taxes

9 Months Ended

Sep. 30, 2023

Income Tax Disclosure [Abstract]

Income Taxes [Text Block]

11. Income Taxes

The effective tax rates recognized for the quarter and three quarters ended September 30, 2023 were 0.0% (October 1, 2022 - 12.3%) and (24.6)% (October 1, 2022 - 24.0%), respectively. The effective tax rates for the quarter and three quarters ended September 30, 2023, compared with the corresponding periods of 2022, reflected the recognition of a full valuation allowance against U.S. deferred tax assets beginning in the second quarter of 2023, based on the Company's assessment that the related tax benefits were no longer more likely than not to be realized in the future.