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Income Taxes
 9 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The Company’s effective income tax rate for the three and nine months ended September 30, 2025 was 32.9% and 33.2%, respectively, and was 18.9% and (74.9)% for the three and nine months ended September 26, 2024, respectively. The effective income tax rate for the nine months ended September 30, 2025 was negatively impacted by excess compensation subject to deduction limitations. On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law, introducing significant U.S. tax changes. Key provisions that impact the Company are bonus depreciation and interest deductibility. The enactment of OBBBA did not have a significant impact on the Company’s effective income tax rate.
The effective income tax rate for the nine months ended September 26, 2024 was negatively impacted by a nondeductible debt conversion expense resulting from the Convertible Notes Repurchases and a $1,217 reduction in deferred tax assets resulting from the related termination of the Capped Call Transactions and excess compensation subject to deduction limitations.