XML 28 R20.htm IDEA: XBRL DOCUMENT v3.25.0.1
Income Taxes
9 Months Ended
Dec. 28, 2024
Income Tax Disclosure [Abstract]  
Income Taxes

11. Income Taxes

For the three months ended December 28, 2024 and December 30, 2023, the Company recorded $16.7 million and $12.8 million of income tax expense and had an effective tax rate of 21.1% and 21.4%, respectively. For the nine months ended December 28, 2024 and December 30, 2023, the Company recorded $45.8 million and $44.8 million of income tax expense and had an effective tax rate of 21.7% and 23.7% respectively.

The Company’s effective tax rate for the three and nine months ended December 28, 2024 and December 30, 2023, differs from the federal statutory income tax rate of 21.0% due primarily to the effect of state and local income taxes, non-deductible expenses, tax credits, and results in foreign jurisdictions.

At December 28, 2024, the Company had no unrecognized tax benefits.