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Income Taxes (Tables)

12 Months Ended

Aug. 02, 2013

Schedule of the provision for income taxes

The components of the provision for income taxes for each of the three years were as follows:

	2013		2012		2011
Current:
Federal	$	44,853	$	34,074	$	17,231
State		4,375		7,928		5,577
Deferred:
Federal		(4,365)		886		9,019
State		3,654		319		(1,344)
Total provision for income taxes	$	48,517	$	43,207	$	30,483

Schedule of a reconciliation of the provision for income taxes

A reconciliation of the Company's provision for income taxes and income taxes based on the statutory U.S. federal rate of 35% was as follows:

	2013		2012		2011
Provision computed at federal statutory income tax rate	$	58,024	$	51,201	$	40,492
State and local income taxes, net of federal benefit		5,698		6,424		3,050
Employer tax credits for FICA taxes paid on employee tip income		(9,635)		(9,114)		(8,351)
Other employer tax credits		(5,927)		(4,938)		(5,098)
Other-net		357		(366)		390
Total provision for income taxes	$	48,517	$	43,207	$	30,483

Schedule of significant components of the Company's net deferred tax liability

Significant components of the Company's net deferred tax liability consisted of the following at:

	August 2, 2013		August 3, 2012
Deferred tax assets:
Compensation and employee benefits	$	16,750	$	14,803
Deferred rent		13,535		12,162
Accrued liabilities		12,766		12,988
Insurance reserves		12,091		12,308
Inventory		5,669		5,293
Other		4,437		13,609
Deferred tax assets	$	65,248	$	71,163

Deferred tax liabilities:
Property and equipment	$	94,179	$	96,783
Inventory		13,700		12,956
Other		9,550		9,402
Deferred tax liabilities		117,429		119,141
Net deferred tax liability	$	52,181	$	47,978

Schedule of the Company's total gross liability for uncertain tax positions exclusive of interest and penalties

	August 2, 2013		August 3, 2012		July 29, 2011
Balance at beginning of year	$	18,098	$	14,167	$	12,965
Tax positions related to the current year:
Additions		3,731		3,326		2,616
Reductions		--		--		--
Tax positions related to the prior year:
Additions		191		2,556		987
Reductions		(280)		(1,043)		(24)
Settlements		--		--		--
Expiration of statute of limitations		(768)		(908)		(2,377)
Balance at end of year	$	20,972	$	18,098	$	14,167

Schedule of uncertain tax positions that, if recognized, would affect effective tax rate

If the Company were to prevail on all uncertain tax positions, the reversal of this accrual would be a tax benefit to the Company and impact the effective tax rate. The following table highlights the amount of uncertain tax positions, exclusive of interest and penalties, which, if recognized, would affect the effective tax rate for each of the three years:

		2013				2012				2011
Uncertain tax positions		$	13,631			$	11,764			$	9,209

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

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