| Three-Month Period Ended | Six-Month Period Ended | |||||||||||||||||||
|
September 24,
2021 |
June 25,
2021 |
September 25,
2020 |
September 24,
2021 |
September 25,
2020 | ||||||||||||||||
| (Dollars in thousands) | ||||||||||||||||||||
| Reconciliation of Income Tax Provision | ||||||||||||||||||||
| GAAP Income Tax Provision | $ | 6,143 | $ | 4,263 | $ | 2,082 | $ | 10,406 | $ | 2,610 | ||||||||||
| GAAP effective tax rate | 15.6 | % | 13.3 | % | 17.8 | % | 14.6 | % | 15.3 | % | ||||||||||
| Tax effect of adjustments to GAAP results | 946 | 2,091 | 859 | 3,037 | 2,667 | |||||||||||||||
| Non-GAAP Provision for Income Taxes * | $ | 7,089 | $ | 6,354 | $ | 2,941 | $ | 13,443 | $ | 5,277 | ||||||||||
| Non-GAAP effective tax rate | 15.5 | % | 15.3 | % | 14.2 | % | 15.4 | % | 14.8 | % | ||||||||||
* Non-GAAP Provision for Income Taxes does not include tax adjustments for the following components of our net income: additional AMTC related costs and labor savings costs. The related tax effect of those adjustments to GAAP results were $—, $— and $768 for the three months ended September 24, 2021, June 25, 2021, and September 25, 2020, respectively, and $— and $1,554 for the six months ended September 24, 2021 and September 25, 2020, respectively.
