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Income Taxes
6 Months Ended
Jun. 29, 2024
Income Tax Disclosure [Abstract]  
Income Taxes

10. INCOME TAXES

The effective income tax rate for the fiscal quarter and two fiscal quarters ended June 29, 2024 was 3.2% and 15.2%, respectively, compared to 46.1% and (29.2)% for the fiscal quarter and two fiscal quarters ended July 1, 2023. The differences between the U.S. federal statutory income tax rate and our effective income tax rates for the fiscal quarter ended June 29, 2024 and the fiscal quarter ended July 1, 2023 were primarily attributable to the impacts of stock-based compensation expense and foreign income.