INCOME TAXES |
3 Months Ended |
|---|---|
Oct. 04, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | 10. INCOME TAXES The Company’s consolidated interim effective tax rate is based on a current estimate of the annual effective income tax rate adjusted to reflect the impact of discrete items. The differences between the Company’s effective tax rate and the statutory federal tax rate of 21.0% for the first three months of the Transition Period primarily relate to changes in uncertain tax positions, federal and state tax credits, and rate changes, partially offset by the state income taxes. During the three months ended October 4, 2026 and September 28, 2025, the Company’s effective tax rate was 1.7% and 19.60%, respectively. Changes to the Company’s effective tax rate for the three months ended October 4, 2026 compared to the effective tax rate for the same prior year period primarily relate to changes in uncertain tax positions and rate changes. |