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Income Taxes
9 Months Ended
Sep. 27, 2025
Income Taxes  
Income Taxes

(12) Income Taxes

The Company reflected the effects of the One Big Beautiful Bill Act (“OBBBA”) in its 2025 financial statements.  The Company’s current tax expense was reduced for the period ended September 27, 2025 due to immediate expensing of qualifying property placed in service after January 19, 2025, and full expensing of domestic research and development expenditures.  In accordance with Accounting Standards Codification ASC 740, “Income Taxes”, the Company recognized the enacted legislation and all required changes are reflected on the Company’s Form 10-Q for the quarter ended September 27, 2025.  As a result of the Company’s elections, the 2025 cash taxes will decrease with no material impact to its effective tax rate.