Income Taxes |
3 Months Ended |
|---|---|
Jun. 28, 2025 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | 11. Income Taxes For the three months ended June 28, 2025 and June 29, 2024, the Company recorded $17.7 million and $13.7 million of income tax expense and had an effective tax rate of 21.0% and 22.5%, respectively. The Company’s effective tax rate for the three months ended June 28, 2025 and June 29, 2024, 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. The One Big Beautiful Bill Act ("OBBBA") was signed into law on July 4, 2025, which is considered the enactment date under U.S. GAAP. OBBBA changed many aspects of U.S. corporate income taxation including accelerated bonus depreciation, research and experimentation expense deduction, and terminating the energy efficient home tax credit. OBBBA contains multiple effective dates and only certain aspects will have a financial reporting implication for the fiscal year ending March 28, 2026. The Company is currently assessing the impact of OBBBA which could be material. At June 28, 2025, the Company had no unrecognized tax benefits. |