Income Taxes (Tables)

12 Months Ended

Dec. 29, 2015

The components of the (benefit) provision for income taxes are as follows for 2015, 2014 and 2013 (in thousands):



	2015			2014		2013
Current tax provision:
Federal	$	—		$	—	$	—
State	144			792		561
Foreign	—			—		—
	144			792		561
Deferred tax (benefit) provision:
Federal	(7,169		)	5,662		3,923
State	(1,495		)	668		283
Foreign	(214		)	—		—
	(8,878		)	6,330		4,206
Total (benefit) provision for income taxes	$	(8,734	)	$	7,122	$	4,767

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation of income tax provision (benefit) that would result from applying the federal statutory rate to pre-tax income as shown in the accompanying consolidated statements of income is as follows for 2015, 2014 and 2013 (in thousands):



	2015			2014			2013
Federal income tax (benefit) expense at federal rate	$	(7,650	)	$	6,299		$	3,887
State income tax (benefit) expense, net of federal tax	(960		)	972			653
Other permanent differences	378			170			374
Foreign rate differential	66			6			26
Tax credits	(423		)	(241		)	(149		)
Other items, net	(145		)	(84		)	(24		)
(Benefit) provision for income taxes	$	(8,734	)	$	7,122		$	4,767
Effective income tax rate	38.8		%	38.4		%	41.7		%

Schedule of Deferred Tax Assets and Liabilities

eferred income taxes arise because of the differences in the book and tax bases of certain assets and liabilities. Deferred income tax liabilities and assets consist of the following (in thousands):



	2015			2014
Noncurrent deferred tax assets (liabilities):
Loss carry forwards	$	4,234		$	743
Deferred rent and franchise revenue	15,802			14,454
Property, equipment and intangible assets	(24,950		)	(26,514		)
Stock-based compensation	2,833			2,847
Tax credit carry forwards	1,609			897
Inventory smallwares	(2,589		)	—
Other accrued expenses	2,124			440
Other	1,601			621
Total noncurrent net deferred tax assets (liabilities)	664			(6,512		)
Current deferred tax assets (liabilities):
Inventory smallwares	—			(2,405		)
Other	—			702
Total current deferred tax assets (liabilities)	—			(1,703		)
Net deferred tax assets (liability)	$	664		$	(8,215	)