INCOME TAXES (Tables)

12 Months Ended

Dec. 30, 2015

The components of income before income taxes are follows:

The components of income tax expense are as follows:

A reconciliation of income tax expense computed at the U.S. federal statutory income tax rate to the recognized income tax expense is as follows:



	2015			2014			2013
Expected U.S. federal income taxes at statutory rate (34%)	$	2,186		$	945		$	2,000
State and local income taxes, net of federal benefit	663			101			176
Foreign withholding taxes	433			561			188
Non-deductible expenses	653			—			—
Tax credits	(141		)	—			—
Non-controlling interest	(490		)	—			—
LLC flow-through structure	—			(976		)	(1,904		)
Other	—			31			—
Income tax expense	$	3,304		$	662		$	460

The components of deferred tax assets and liabilities are as follows:



		December 30 2015			December 31 2014
Deferred tax assets:
	Investment in partnership	$	154,649		$	—
	Tax Receivable Agreement	69,513			—
	Deferred rent	492			448
	Deferred revenue	63			66
	Stock-based compensation	218			—
	Net operating loss carryforwards	334			—
	Other assets	159			26
	Total gross deferred tax assets	225,428			540
Valuation allowance		(23,155		)	—
Total deferred tax assets, net of valuation allowance		202,273			540
Deferred tax liabilities:
	Property and equipment	(316		)	(379		)
	Total gross deferred tax liabilities	(316		)	(379		)
Net deferred tax assets		$	201,957		$	161