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Income Taxes
9 Months Ended
Oct. 01, 2022
Income Tax Disclosure [Abstract]  
Income Taxes Income TaxesFor the three months ended October 1, 2022, the Company recorded income tax expense of $15,569 on loss before income taxes of $518,144 for an effective tax rate of (3.0)%, as compared to an income tax expense of $73,821 on earnings before income taxes of $345,005, for an effective tax rate of 21.4% for the three months ended October 2, 2021. For the nine months ended October 1, 2022, the Company recorded income tax expense of $155,193 on earnings before income taxes of $147,424 for an effective tax rate of 105.3%, as compared to income tax expense of $205,756 on earnings before income taxes of $1,050,204, for an effective tax rate of 19.6% for the nine months ended October 2, 2021. The difference in the effective tax rates for the comparative periods was primarily impacted by the impairment of non-deductible goodwill and lower earnings in the three and nine months ended October 1, 2022.