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INCOME TAXES
6 Months Ended
Mar. 30, 2024
Income Tax Disclosure [Abstract]  
INCOME TAXES 13. INCOME TAXES
The following table reflects the provision for income taxes and the effective tax rate for the three and six months ended March 30, 2024 and April 1, 2023: 
 Three months endedSix months ended
(dollar amounts in thousands)March 30, 2024April 1, 2023March 30, 2024April 1, 2023
Provision for income taxes$6,355 $5,556 $8,632 $9,314 
Effective tax rate(6.6)%27.0 %(10.2)%23.9 %
For the three and six months ended March 30, 2024 as compared to the three and six months ended April 1, 2023, the change in provision for income taxes was primarily due to an increase in valuation allowance recorded against certain deferred tax assets during the quarter, offset by the decrease in provision for income taxes resulting from lower profitability. The decrease in effective tax rate was primarily due to the tax benefit from the one-time charge for cancellation of Project W which was recorded as a discrete during the quarter, partially offset by an increase in valuation allowance recorded against certain deferred tax assets which was also recorded as a discrete during the quarter.
For the three and six months ended March 30, 2024, the effective tax rate is lower than the U.S. federal statutory tax rate primarily due to the two discrete tax items discussed above, foreign income earned in lower tax jurisdictions, tax incentives, and tax credits.