INCOME TAXES |
6 Months Ended |
|---|---|
Mar. 29, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | INCOME TAXES We recorded an income tax expense of $3.4 million related to income before taxes of $1.7 million for the three months ended March 29, 2026, and an income tax expense of $4.4 million related to loss before taxes of $2.5 million for the six months ended March 29, 2026. We recorded an income tax benefit of $1.8 million related to loss before taxes of $13.8 million for the three months ended March 30, 2025, and an income tax expense of $1.5 million related to loss before income taxes of $26.8 million for the six months ended March 30, 2025. The effective income tax rate for the three and six months ended March 29, 2026, was 198.3% and (178.3)%, respectively. The effective income tax rate for the three and six months ended March 30, 2025, was 12.9% and (5.5)% respectively. The primary differences between these rates and the U.S. federal statutory rate of 21% are because of state taxes, non-deductible expenses, increase in valuation allowance, and adjustments to reserves for uncertain tax positions, including any related interest. We file a consolidated federal tax return, as well as combined and separate tax returns in approximately 27 state and local jurisdictions. We do not currently have any federal or material income tax examinations in progress. Our income tax returns have generally been audited or closed to audit through 2017.
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