INCOME TAXES (Tables)

12 Months Ended

Jun. 24, 2015

Provision For Income Taxes From Continuing Operations

The provision for income taxes consists of the following (in thousands):



	2015			2014			2013
Current income tax expense:
Federal	$	59,726		$	66,170		$	46,852
State	11,862			15,219			11,800
Foreign	3,319			3,550			2,879
Total current income tax expense	74,907			84,939			61,531
Deferred income tax (benefit) expense:
Federal	10,754			(18,715		)	7,344
State	2,018			(4,087		)	(1,919		)
Foreign	(96		)	112			0
Total deferred income tax (benefit) expense	12,676			(22,690		)	5,425
	$	87,583		$	62,249		$	66,956

Reconciliation Between Reported Provision for Income Taxes And Amount Computed By Statutory Federal Income Tax Rate

A reconciliation between the reported provision for income taxes and the amount computed by applying the statutory Federal income tax rate of 35% to income before provision for income taxes is as follows (in thousands):



	2015			2014			2013
Income tax expense at statutory rate	$	99,497		$	75,701		$	80,610
FICA tax credit	(18,633		)	(18,116		)	(16,450		)
State income taxes, net of Federal benefit	8,646			7,636			6,368
Other	(1,927		)	(2,972		)	(3,572		)
	$	87,583		$	62,249		$	66,956

Deferred Income Tax Assets And Liabilities

The income tax effects of temporary differences that give rise to significant portions of deferred income tax assets and liabilities as of June 24, 2015 and June 25, 2014 are as follows (in thousands):



	2015		2014
Deferred income tax assets:
Leasing transactions	$	38,858	$	40,085
Stock-based compensation	13,105		13,698
Restructure charges and impairments	2,303		16,726
Insurance reserves	18,567		18,550
Employee benefit plans	470		404
Gift cards	18,499		15,497
Other, net	9,804		8,975
Total deferred income tax assets	101,606		113,935
Deferred income tax liabilities:
Prepaid expenses	16,803		16,462
Goodwill and other amortization	27,713		26,551
Depreciation and capitalized interest on property and equipment	19,990		20,982
Other, net	3,963		3,680
Total deferred income tax liabilities	68,469		67,675
Net deferred income tax asset	$	33,137	$	46,260

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of unrecognized tax benefits for the fiscal years ended June 24, 2015 and June 25, 2014 are as follows (in thousands):



	2015			2014
Balance at beginning of year	$	7,375		$	6,388
Additions based on tax positions related to the current year	760			1,582
Additions based on tax positions related to prior years	18			347
Settlements with tax authorities	(371		)	(339		)
Expiration of statute of limitations	(1,694		)	(603		)
Balance at end of year	$	6,088		$	7,375