Income Taxes |
6 Months Ended |
|---|---|
Jul. 03, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income Taxes During the three and six months ended July 3, 2026, Income from continuing operations before income taxes was $48.1 million and $113.0 million, respectively, while Income tax expense was $11.7 million and $24.8 million, respectively. The effective tax rate was 24.3% and 22.0% for the three and six months ended July 3, 2026, respectively. The effective tax rate differed from the 2026 U.S. federal statutory rate of 21.0% primarily due to the tax effects related to the Eddyfi transaction. During the three and six months ended July 4, 2025, Income from continuing operations before income taxes was $88.1 million and $181.2 million, respectively, while Income tax expense was $18.3 million and $38.8 million, respectively. The effective tax rate was 20.8% and 21.4% for the three and six months ended July 4, 2025, respectively. The effective tax rate differed from the 2025 U.S. federal statutory rate of 21.0% primarily due to the mix of income outside of the U.S. taxed at different statutory tax rates.
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