Income Taxes |
3 Months Ended |
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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. |
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- References No definition available.
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- Definition The entire disclosure for income tax. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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