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Income Taxes
9 Months Ended
Oct. 01, 2023
Income Tax Disclosure [Abstract]  
Income Taxes Income TaxesFor the three and nine months ended October 1, 2023, we recognized income tax expense of $14.9 million and $45.4 million, respectively, representing an effective tax rate of 17.0% and 18.2%, respectively. For the three and nine months ended October 2, 2022, we recognized income tax expense of $16.1 million and $39.0 million, respectively, representing effective tax rates of 13.4% and 15.9%, respectively. The effective tax rates were primarily impacted by the effect of our foreign operations, including statutory tax rates differences and foreign tax credits. On August 16, 2022, the Inflation Reduction Act of 2022 (the Act) was signed into law. None of the tax provisions of the Act are expected to have a material impact to our consolidated financial statements and related disclosures.