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Income Taxes (Tables)
12 Months Ended
Aug. 29, 2015
Income Taxes [Abstract]  
Provision For Income Taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Fiscal Years Ended

  

 

August 29,

 

August 30,

 

August 31,

 

 

2015

 

2014

 

2013

Current:

 

 

  

 

 

  

 

 

  

Federal

 

$

109,575 

 

$

115,186 

 

$

119,470 

State and local

 

 

17,339 

 

 

16,528 

 

 

18,629 

  

 

 

126,914 

 

 

131,714 

 

 

138,099 

Deferred:

 

 

  

 

 

  

 

 

  

Federal

 

 

13,987 

 

 

10,369 

 

 

7,403 

State and local

 

 

932 

 

 

1,375 

 

 

(68)

  

 

 

14,919 

 

 

11,744 

 

 

7,335 

Total

 

$

141,833 

 

$

143,458 

 

$

145,434 

 

Components Of Deferred Tax Assets And Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

August 29,

 

August 30,

 

 

2015

 

2014

Deferred tax liabilities:

 

 

  

 

 

  

Depreciation

 

$

(51,204)

 

$

(46,722)

Deferred catalog costs

 

 

(1,155)

 

 

(1,937)

Goodwill

 

 

(73,996)

 

 

(59,387)

  

 

 

(126,355)

 

 

(108,046)

Deferred tax assets:

 

 

  

 

 

  

Accounts receivable

 

 

3,807 

 

 

2,933 

Inventory

 

 

9,036 

 

 

7,504 

Deferred compensation

 

 

2,409 

 

 

1,799 

Stock based compensation

 

 

9,831 

 

 

11,582 

Intangible amortization

 

 

11,788 

 

 

10,950 

Other

 

 

7,772 

 

 

6,485 

  

 

 

44,643 

 

 

41,253 

Net Deferred Tax Liabilities

 

$

(81,712)

 

$

(66,793)

 

Reconciliation Of Statutory Federal Income Tax Rate To Effective Tax Rate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Fiscal Years Ended

  

 

August 29,

 

August 30,

 

August 31,

 

 

2015

 

2014

 

2013

U.S. Federal statutory rate

 

35.0 

 

35.0 

 

35.0 

State income taxes, net of Federal benefit

 

3.1 

 

 

3.1 

 

 

3.0 

 

Other, net

 

(0.1)

 

 

(0.3)

 

 

(0.1)

 

Effective income tax rate

 

38.0 

 

37.8 

 

37.9 

 

Changes In Gross Unrecognized Tax Benefits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

August 29,

 

August 30,

 

 

2015

 

2014

Beginning Balance

 

$

9,350 

 

$

8,192 

Additions for tax positions relating to current year

 

 

2,617 

 

 

2,628 

Additions for tax positions relating to prior years

 

 

104 

 

 

 —

Reductions for tax positions relating to prior years

 

 

 —

 

 

(60)

Settlements

 

 

(41)

 

 

 —

Lapse of statute of limitations

 

 

(1,697)

 

 

(1,410)

Ending Balance

 

$

10,333 

 

$

9,350