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

NOTE 14. INCOME TAXES

The Company's income tax expense and effective tax rate for the three and six month periods ended December 29, 2024 and December 31, 2023 were as follows (in thousands):

 

Three Months Ended

 

 

Six Months Ended

 

 

December 29,
2024

 

 

December 31,
2023

 

 

December 29,
2024

 

 

December 31,
2023

 

Income before provision for income taxes and
   non-controlling interest

$

1,803

 

 

$

1,044

 

 

$

7,049

 

 

$

6,886

 

Provision for income taxes

$

405

 

 

$

264

 

 

$

1,903

 

 

$

1,651

 

Effective tax rate

 

22.5

%

 

 

25.3

%

 

 

27.0

%

 

 

24.0

%

The Company is subject to income taxes in the United States and foreign jurisdictions, primarily Mexico. The Company's income tax positions are based on interpretations of income tax laws and rulings in each of the jurisdictions that the Company operates. Interim income tax expense is determined based on an estimate of the overall annual effective income tax rate which can vary due to the relationship of foreign and domestic earnings, state taxes and available deductions, credits and discrete items.