v3.25.1
Income Taxes
3 Months Ended
Mar. 29, 2025
Income Tax Disclosure [Abstract]  
Income Taxes

5. Income Taxes

 

The Company recorded income tax expense of $56,309 in the 13-week period ended March 29, 2025, compared to income tax expense of $51,079 in the 13-week period ended March 30, 2024. The effective tax rate was 14.5% in the first quarter of 2025, compared to 15.6% in the first quarter of 2024. The decrease in effective tax rate between comparative periods was primarily due to increased tax benefits from stock-based compensation.