Income Taxes |
6 Months Ended |
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Apr. 03, 2021 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes |
Note 9 —Income Taxes Our effective income tax rate was 31.8% for the six months ended April 3, 2021, compared to 30.7% for the six months ended March 28, 2020. The difference between the statutory rate and our effective rate for the six months ended April 3, 2021 and March 28, 2020 was primarily attributed to a reduction in the valuation allowance for our interest limitation carryforward during the period. Our effective income tax rate can fluctuate due to factors including valuation allowances, changes in tax law, federal and state audits and the impact of discrete items. |
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- References No definition available.
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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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