Income Taxes (Tables)

12 Months Ended

Dec. 30, 2021

Income Tax Disclosure [Abstract]

Schedule of Components of the Provision For Income Taxes

The components of the provision for income taxes are as follows:

	Fiscal Year Ended
in thousands	December 30, 2021		December 31, 2020		December 26, 2019
Current expense (benefit):
Federal	$	37,869	$	(1,781)	$	7,975
State	9,927		4,391		2,358
Total current expense	47,796		2,610		10,333
Deferred expense (benefit):
Federal	4,853		11,684		(6,522)
State	(1,811)		(2,070)		(4,062)
Total deferred expense (benefit)	3,042		9,614		(10,584)
Provision (benefit) for income taxes	$	50,838	$	12,224	$	(251)

Schedule of Effective Income Tax Reconciliation

The following is a summary of the differences between the total provision for income taxes as shown on the financial statements and the provision for income taxes that would result from applying the federal statutory tax rate of 21% for the fiscal years ended December 30, 2021, December 31, 2020, and December 26, 2019 to income before income taxes:

	Fiscal Year Ended
in thousands	December 30, 2021		December 31, 2020		December 26, 2019
Computed “expected” provision at statutory rate	$	70,154	$	43,513	$	31,580
State income taxes, net of federal income tax benefit (1)	6,186		1,493		(1,364)
Permanent differences:
Excess tax benefit related to stock options exercised	(25,710)		(27,003)		(29,441)
Other	908		517		543
Total permanent differences	(24,802)		(26,486)		(28,898)
Provision to return	(34)		(150)		(282)
Federal tax credits	(1,471)		(920)		(1,306)
CARES Act benefit	—		(7,676)		—
Uncertain Tax Positions	308		2,724		—
Other, net	497		(274)		19
Provision (benefit) for income taxes	$	50,838	$	12,224	$	(251)

(1)     Includes state excess tax benefits related to stock options exercised for fiscal years 2021, 2020, and 2019 of $4.6 million, $5.3 million, and $5.6 million, respectively.

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred income tax assets and (liabilities) are presented below:

in thousands	Fiscal Year Ended December 30, 2021		Fiscal Year Ended December 31, 2020
Deferred tax assets:
Lease liabilities	$	308,198	$	259,273
Accruals not currently deductible for tax purposes	11,622		8,293
Inventories	10,711		6,941
Stock-based compensation	8,754		5,979
Gift card liability	1,254		557
Other intangibles	335		268
Litigation accrual	86		120
Other	5,428		10,732
Total deferred tax assets	346,388		292,163
Deferred tax liabilities:
Right-of-use assets	(274,151)		(227,166)
Fixed assets	(70,289)		(62,374)
Intangible assets	(27,198)		(27,053)
Other	(5,876)		(3,560)
Total deferred tax liabilities	(377,514)		(320,153)
Net deferred tax liabilities	$	(31,126)	$	(27,990)

Schedule of Unrecognized Tax Benefits Roll Forward

Following is a reconciliation of the beginning and ending balance of unrecognized tax benefits for periods presented:

	Fiscal Year Ended
in thousands	December 30, 2021		December 31, 2020		December 26, 2019
Unrecognized tax benefits balance at beginning of fiscal year	$	6,107	$	402	$	—
Additions based on tax positions related to the current year	390		281		282
Additions for tax positions of prior years	—		5,424		120
Reductions due to settlements	(5,424)		—		—
Unrecognized tax benefits balance at end of fiscal year	$	1,073	$	6,107	$	402