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Income Taxes
 3 Months Ended
Mar. 29, 2024
Income Tax Disclosure [Abstract]  
Income Taxes

Note 8 — Income Taxes

The Company recorded an income tax provision as follows (in thousands):

 

 

 

Three Months Ended

 

 

 

March 29, 2024

 

 

March 31, 2023

 

Provision for income taxes

 

$

1,128

 

 

$

2,009

 

The effective tax rates for the three months ended March 29, 2024 and March 31, 2023 were (51.0)% and 42.6%, respectively. The Company’s effective tax rates differ from the U.S. federal statutory rate of 21% for the three months ended March 29, 2024 and March 31, 2023, respectively, primarily due to the income tax expense generated in foreign jurisdictions.