Income Taxes |
6 Months Ended |
|---|---|
Jul. 04, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income Taxes For the fiscal quarters ended July 4, 2026 and June 28, 2025, the effective income tax rate (“ETR”) was 32.9% and 29.2%, respectively. The ETR for the fiscal quarter ended July 4, 2026 was higher than the fiscal quarter ended June 28, 2025 primarily due to an increase in nondeductible executive compensation partially offset by a remeasurement of deferred tax assets related to changes in current-year state apportionment. For the fiscal year-to-date periods ended July 4, 2026 and June 28, 2025, CRA's ETR was 34.3% and 27.9%, respectively. The ETR for the current fiscal year-to-date period was higher than the prior year-to-date period primarily due to an increase in nondeductible executive compensation, the recording of a valuation allowance in a foreign jurisdiction, and a decrease in the tax benefit related to share-based compensation. The increase was partially offset due to the remeasurement of deferred tax assets related to changes in current-year state apportionment and a decrease to a prior year tax reserve.
|