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Recent Accounting Pronouncements
 9 Months Ended
Sep. 27, 2025
Recent Accounting Pronouncements
(17)
Recent Accounting Pronouncements
Accounting Standards Issued But Not Yet Adopted
In December 2023, the FASB issued ASU
2023-09,
Income Taxes (Topic 740): Improvements to Income Tax Disclosures
(“ASU
2023-09”),
which expands disclosures in an entity’s income tax rate reconciliation table and regarding cash taxes paid both in the U.S. and foreign jurisdictions. ASU
2023-09
is effective for annual periods beginning after December 15, 2024. ASU
2023-09
is not expected to have a material impact on the Company’s consolidated financial statements and related disclosures.
In November 2024, the FASB issued ASU
2024-03,
Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures (Subtopic
220-40):
Disaggregation of Income Statement Expenses
(“ASU
2024-03”),
which expands disclosures about certain categories of expenses. ASU
2024-03
is effective for annual periods beginning after December 15, 2026. The Company is currently evaluating the impact of ASU
2024-03
on its consolidated financial statements and disclosures.