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Income Taxes (Tables)
12 Months Ended
Aug. 30, 2014
Income Taxes [Abstract]  
Provision For Income Taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Fiscal Years Ended

  

 

August 30,

 

August 31,

 

September 1,

 

 

2014

 

2013

 

2012

Current:

 

 

  

 

 

  

 

 

  

Federal

 

$

115,186 

 

$

119,470 

 

$

128,640 

State and local

 

 

16,528 

 

 

18,629 

 

 

18,421 

  

 

 

131,714 

 

 

138,099 

 

 

147,061 

Deferred:

 

 

  

 

 

  

 

 

  

Federal

 

 

10,369 

 

 

7,403 

 

 

4,797 

State and local

 

 

1,375 

 

 

(68)

 

 

1,253 

  

 

 

11,744 

 

 

7,335 

 

 

6,050 

Total

 

$

143,458 

 

$

145,434 

 

$

153,111 

 

Components Of Deferred Tax Assets And Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

August 30,

 

August 31,

 

 

2014

 

2013

Deferred tax liabilities:

 

 

  

 

 

  

Depreciation

 

$

(46,722)

 

$

(46,339)

Deferred catalog costs

 

 

(1,937)

 

 

(1,730)

Goodwill

 

 

(59,387)

 

 

(44,751)

  

 

 

(108,046)

 

 

(92,820)

Deferred tax assets:

 

 

  

 

 

  

Accounts receivable

 

 

2,933 

 

 

2,254 

Inventory

 

 

7,504 

 

 

7,345 

Deferred compensation

 

 

1,799 

 

 

1,509 

Stock based compensation

 

 

11,582 

 

 

10,888 

Intangible amortization

 

 

10,950 

 

 

9,983 

Other

 

 

6,485 

 

 

5,792 

  

 

 

41,253 

 

 

37,771 

Net Deferred Tax Liabilities

 

$

(66,793)

 

$

(55,049)

 

Reconciliation Of Statutory Federal Income Tax Rate To Effective Tax Rate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Fiscal Years Ended

  

 

August 30,

 

August 31,

 

September 1,

 

 

2014

 

2013

 

2012

U.S. Federal statutory rate

 

35.0 

 

35.0 

 

35.0 

State income taxes, net of Federal benefit

 

3.1 

 

 

3.0 

 

 

2.7 

 

Other, net

 

(0.3)

 

 

(0.1)

 

 

(0.5)

 

Effective income tax rate

 

37.8 

 

37.9 

 

37.2 

 

Changes In Gross Unrecognized Tax Benefits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

August 30,

 

August 31,

 

 

2014

 

2013

Beginning Balance

 

$

8,192 

 

$

7,811 

Additions for tax positions relating to current year

 

 

2,628 

 

 

2,516 

Reductions for tax positions relating to prior years

 

 

(60)

 

 

(936)

Settlements

 

 

 —

 

 

(120)

Lapse of statute of limitations

 

 

(1,410)

 

 

(1,079)

Ending Balance

 

$

9,350 

 

$

8,192