v3.26.3
INCOME TAXES
9 Months Ended
Sep. 27, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
The effective tax rate was 32.1% and 26.2% for the three months ended September 27, 2026 and September 28, 2025, respectively, and the effective tax rate for the comparable nine month periods was 23.2% and 23.1%, respectively. For the three and nine months ended September 27, 2026, effective tax rates include the impact of the recognition of excess tax benefits on share-based compensation that reduced income tax expense by an immaterial amount and $5.6 million, respectively. For the three and nine months ended September 28, 2025, the impact of such excess tax benefits was immaterial and $3.4 million, respectively.
Cash paid for income taxes, net of refunds, was $2.1 million and $5.2 million for the three and nine months ended September 27, 2026, respectively, and $1.1 million and $23.4 million for the three and nine months ended September 28, 2025, respectively.