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Income Taxes
9 Months Ended
Sep. 28, 2024
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
For the fiscal quarters ended September 28, 2024 and September 30, 2023, CRA’s effective income tax rate (“ETR”) was 28.7% and 18.3%, respectively. The ETR for the third quarter of fiscal 2024 was higher than the third quarter of fiscal 2023
primarily due to the release of a valuation allowance in the third quarter of fiscal 2023, partially offset by an increase in the tax benefit related to share-based compensation.
For the fiscal year-to-date periods ended September 28, 2024 and September 30, 2023, CRA's ETR was 29.1% and 26.4%. respectively. The ETR for the fiscal year-to-date period ended September 28, 2024 was higher than the fiscal year-to-date period ended September 30, 2023, primarily due to the same items noted above.