Income Taxes (Tables)

12 Months Ended

Jul. 28, 2023

Income Taxes [Abstract]

Components of Provision for Income Taxes

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

	2023			2022			2021
Current:
Federal	$	6,925		$	16,462		$	(13,505	)
State		3,573			1,188			2,405
Deferred:
Federal		(4,902	)		(4,543	)		57,580
State		(1,035	)		(1,604	)		9,558
Total provision for income taxes	$	4,561		$	11,503		$	56,038

Reconciliation of Provision for Income Taxes and Income Taxes Based on Statutory U.S. Federal Rate

A reconciliation of the Company’s provision for income taxes and income taxes based on the statutory U.S. federal rate of 21.0% in 2023, 2022 and 2021 was as follows:

	2023			2022			2021
Provision computed at federal statutory income tax rate	$	21,758		$	30,110		$	65,216
State and local income taxes, net of federal benefit		2,069			1,452			10,589
Federal net operating loss benefit		—			—			(5,402	)
Employer tax credits for FICA taxes paid on employee tip income		(16,772	)		(15,395	)		(12,323	)
Other employer tax credits		(3,673	)		(4,929	)		(3,234	)
Tax audit settlement		—			(1,939	)		—
Other-net		1,179			2,204			1,192
Total provision for income taxes	$	4,561		$	11,503		$	56,038

Significant Components of Net Deferred Tax Liability

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

	July 28, 2023		July 29, 2022
Deferred tax assets:
Compensation and employee benefits	$	6,406	$	7,329
Accrued liabilities		15,843		15,770
Operating lease liabilities		186,813		193,794
Insurance reserves		7,360		7,115
Inventory		3,204		3,002
Deferred tax credits and carryforwards		30,720		24,896
Other		11,057		13,875
Deferred tax assets	$	261,403	$	265,781
Deferred tax liabilities:
Property and equipment	$	100,185	$	101,268
Inventory		6,028		5,517
Operating lease right-of-use asset		221,882		232,914
Other		7,564		6,275
Deferred tax liabilities		335,659		345,974
Net deferred tax liability	$	74,256	$	80,193

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:

	July 28, 2023			July 29, 2022			July 30, 2021
Balance at beginning of year	$	10,858		$	14,477		$	17,835
Tax positions related to the current year: Additions		710			1,152			1,596
Reductions		—			—			—
Tax positions related to the prior year: Additions		52			17			—
Reductions		(298	)		(1,241	)		(1,045	)
Settlements		—			(1,942	)		(1,786	)
Expiration of statute of limitations		(1,647	)		(1,605	)		(2,123	)
Balance at end of year	$	9,675		$	10,858		$	14,477

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:

	2023		2022		2021
Uncertain tax positions	$	7,644	$	8,578	$	11,437