Income Taxes

3 Months Ended

Mar. 30, 2024

The Company’s effective tax rate includes state income taxes, foreign tax rate differentials and changes in the valuation allowance. The following table sets forth the effective tax rate for the three months ended March 30, 2024 and three months ended April 1, 2023:


	Three Months Ended
	March 30, 2024		April 1, 2023
Effective tax rate	(14.9)	%	23.0	%

The change in the effective tax rate for the three months ended March 30, 2024 compared to the three months ended April 1, 2023 is due to the change in state tax expense period over period.

- 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.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Cornerstone Building Brands, Inc. 10-Q