Income Taxes (Tables)

12 Months Ended

Dec. 30, 2018

Schedule of Effective Income Tax Rate Reconciliation

Reconciliations between the effective tax rate on income from continuing operations before income taxes and the federal statutory rate are presented below.



	December 30, 2018					December 31, 2017					December 25, 2016
(In thousands)	Amount			% of Pre-tax		Amount			% of Pre-tax		Amount			% of Pre-tax
Tax at federal statutory rate	$	36,979		21.0		$	38,928		35.0		$	10,685		35.0
State and local taxes, net	12,335			7.0		4,800			4.3		3,095			10.1
Effect of enacted changes in tax laws	(1,872		)	(1.0	)	68,747			61.8		—			—
Increase/(decrease) in uncertain tax positions	2,288			1.3		(2,277		)	(2.0	)	(4,534		)	(14.9	)
Loss/(gain) on Company-owned life insurance	449			0.2		(1,916		)	(1.7	)	(736		)	(2.4	)
Nondeductible expense	2,399			1.3		1,021			0.9		1,115			3.7
Domestic manufacturing deduction	—			—		—			—		(1,820		)	(6.0	)
Foreign Earnings and Dividends	—			—		458			0.4		(2,418		)	(7.9	)
Other, net	(3,947		)	(2.2	)	(5,805		)	(5.2	)	(966		)	(3.2	)
Income tax expense	$	48,631		27.6		$	103,956		93.5		$	4,421		14.4

Schedule of Components of Income Tax Expense (Benefit)

The components of income tax expense as shown in our Consolidated Statements of Operations were as follows:



(In thousands)	December 30, 2018		December 31, 2017			December 25, 2016
Current tax expense/(benefit)
Federal	$	31,719	$	(252	)	$	22,864
Foreign	705		458			312
State and local	10,172		350			(3,295		)
Total current tax expense	42,596		556			19,881
Deferred tax expense
Federal	913		105,905			(16,625		)
State and local	5,122		(2,505		)	1,165
Total deferred tax expense/(benefit)	6,035		103,400			(15,460		)
Income tax expense/(benefit)	$	48,631	$	103,956		$	4,421

Schedule of Deferred Tax Assets and Liabilities

The components of the net deferred tax assets and liabilities recognized in our Consolidated Balance Sheets were as follows:



(In thousands)	December 30, 2018		December 31, 2017
Deferred tax assets
Retirement, postemployment and deferred compensation plans	$	128,926	$	140,657
Accruals for other employee benefits, compensation, insurance and other	22,722		16,883
Net operating losses	1,598		6,228
Other	23,400		31,686
Gross deferred tax assets	$	176,646	$	195,454
Deferred tax liabilities
Property, plant and equipment	$	38,268	$	31,043
Intangible assets	7,225		7,300
Other	2,722		4,065
Gross deferred tax liabilities	48,215		42,408
Net deferred tax asset	$	128,431	$	153,046

Summary of Income Tax Contingencies

A reconciliation of unrecognized tax benefits is as follows:



(In thousands)	December 30, 2018			December 31, 2017			December 25, 2016
Balance at beginning of year	$	17,086		$	10,028		$	13,941
Gross additions to tax positions taken during the current year	680			9,009			997
Gross additions to tax positions taken during the prior year	3,019			103			—
Gross reductions to tax positions taken during the prior year	(8,607		)	(372		)	(3,042		)
Reductions from lapse of applicable statutes of limitations	(549		)	(1,682		)	(1,868		)
Balance at end of year	$	11,629		$	17,086		$	10,028