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Income Taxes
9 Months Ended
Sep. 27, 2024
Income Tax Disclosure [Abstract]  
Income Taxes

Note 8 — Income Taxes

The Company recorded an income tax provision as follows (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 27, 2024

 

 

September 29, 2023

 

 

September 27, 2024

 

 

September 29, 2023

 

Provision for income taxes

 

$

3,179

 

 

$

1,929

 

 

$

7,262

 

 

$

6,366

 

The effective tax rates for the three months ended September 27, 2024 and September 29, 2023 were 24.2% and 28.6%, respectively, and were 34.1% and 31.9% for the nine months ended September 27, 2024 and September 29, 2023, respectively. The Company’s effective tax rates differ from the U.S. federal statutory rate of 21% for the three and nine months ended September 27, 2024 and September 29, 2023, respectively, primarily due to the income tax expense generated in foreign jurisdictions.