v3.25.1
Income Taxes
3 Months Ended
Apr. 04, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
Three Months Ended
April 4, 2025March 29, 2024
(In thousands)
Loss from continuing operations before income taxes$(57,349)$(79,245)
Income tax benefit$(1,769)$(7,404)
Effective tax rate:3.1 %9.3 %

The effective tax rate for the three months ended April 4, 2025 was lower than the 2025 federal statutory rate of 21%, primarily due to an increase in valuation allowance on interest limitation carryforwards, non-deductible expenses, and U.S. taxation on international operations. This was partially offset by tax credits for research and development and non-U.S. income taxed at lower rates.
The effective tax rate for the three months ended March 29, 2024 was lower than the 2024 U.S. federal statutory rate of 21%,