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Income Taxes (Tables)

12 Months Ended

Aug. 01, 2014

Schedule of the provision for income taxes

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

	2014			2013			2012
Current:
Federal	$	53,713		$	44,853		$	34,074
State		4,597			4,375			7,928
Deferred:
Federal		(2,863	)		(4,365	)		886
State		3,274			3,654			319
Total provision for income taxes	$	58,721		$	48,517		$	43,207

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:

	2014			2013			2012
Provision computed at federal statutory income tax rate	$	66,797		$	58,024		$	51,201
State and local income taxes, net of federal benefit		5,029			5,698			6,424
Employer tax credits for FICA taxes paid on employee tip income		(9,962	)		(9,635	)		(9,114	)
Other employer tax credits		(3,781	)		(5,927	)		(4,938	)
Other-net		638			357			(366	)
Total provision for income taxes	$	58,721		$	48,517		$	43,207

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 1, 2014		August 2, 2013
Deferred tax assets:
Compensation and employee benefits	$	10,858	$	16,750
Deferred rent		14,900		13,535
Accrued liabilities		13,942		12,766
Insurance reserves		11,944		12,091
Inventory		6,212		5,669
Other		3,172		4,437
Deferred tax assets	$	61,028	$	65,248

Deferred tax liabilities:
Property and equipment	$	88,543	$	94,179
Inventory		13,415		13,700
Other		9,591		9,550
Deferred tax liabilities		111,549		117,429
Net deferred tax liability	$	50,521	$	52,181

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

Summarized below is a tabular reconciliation of the beginning and ending balance of the Company's total gross liability for uncertain tax positions exclusive of interest and penalties:

	August 1, 2014			August 2, 2013			August 3, 2012
Balance at beginning of year	$	20,972		$	18,098		$	14,167
Tax positions related to the current year:
Additions		3,989			3,731			3,326
Reductions		--			--			--
Tax positions related to the prior year:
Additions		1,400			191			2,556
Reductions		(1,630	)		(280	)		(1,043	)
Settlements		(755	)		--			--
Expiration of statute of limitations		(1,144	)		(768	)		(908	)
Balance at end of year	$	22,832		$	20,972		$	18,098

Schedule of uncertain tax positions that, if recognized, would affect 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:

		2014				2013				2012
Uncertain tax positions		$	14,840			$	13,631			$	11,764

- 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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