v3.26.1
Income Taxes
3 Months Ended
Jun. 27, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The Company’s effective tax rate for the three months ended June 27, 2026 was (34.6)%. The effective rate for the three months ended June 27, 2026 differs from the United Kingdom statutory rate of 25% (the “UK Rate”) primarily due to the reduction in the Company’s valuation allowance as a result of the restructuring of certain legal entities completed during the period.
The Company’s effective tax rate for the three months ended June 28, 2025 was (40.0)%. The effective tax rate for the three months ended June 28, 2025 differs from the UK Rate primarily due to the reduction in the Company’s valuation allowance during the period.