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

11. INCOME TAXES

The effective income tax rate for the fiscal quarter ended March 29, 2025 was 40.6% compared to (7.2)% for the fiscal quarter ended March 30, 2024. The differences between the U.S. federal statutory income tax rate and the Company’s effective income tax rates for the fiscal quarter ended March 29, 2025 and the fiscal quarter ended March 30, 2024 were primarily attributable to the discrete impact of stock-based compensation expense for which there is no associated tax benefit and the effects of branch accounting for Latham Canada.