Income Taxes |
6 Months Ended |
|---|---|
Jun. 27, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Note 4: Income Taxes
Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company accounts for penalties or interest related to uncertain tax positions as part of its provision for income taxes.
The Company recognized an income tax benefit of $7 for the thirteen-week period ended June 27, 2026. There was income tax expense or benefit for the thirteen weeks ended June 28, 2025. The Company recognized an income tax benefit of $5 and a $7 income tax expense for the twenty-six week periods ended June 27, 2026 and June 28, 2025, respectively.
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