Income Taxes (Tables)

12 Months Ended

Oct. 02, 2016

Income Tax Disclosure [Abstract]

Components Of Income Taxes

Income taxes consist of the following in each fiscal year (in thousands):

	2016			2015			2014
Current:
Federal	$	32,276		$	59,362		$	43,864
State	5,315			9,598			3,770
	37,591			68,960			47,634
Deferred:
Federal	29,975			(2,018		)	3,700
State	4,998			(1,173		)	452
	34,973			(3,191		)	4,152
Income tax expense from continuing operations	$	72,564		$	65,769		$	51,786
Income tax benefit from discontinued operations	$	(1,365	)	$	(2,410	)	$	(3,629	)

Reconciliation Of The Federal Statutory Income Tax Rate To Effective Tax Rate

A reconciliation of the federal statutory income tax rate to our effective tax rate for continuing operations is as follows:

	2016		2015		2014
Computed at federal statutory rate	35.0	%	35.0	%	35.0	%
State income taxes, net of federal tax benefit	3.7		3.7		3.3
Benefit of jobs tax credits, net of valuation allowance	(1.0	)	(1.1	)	(1.2	)
(Benefit) expense related to COLIs	(1.3	)	0.3		(1.6	)
Other, net	0.1		(1.0	)	(0.2	)
	36.5	%	36.9	%	35.3	%

Deferred Tax Assets And Deferred Tax Liabilities

The tax effects of temporary differences that give rise to significant portions of deferred tax assets and deferred tax liabilities at each year-end are presented below (in thousands):

	2016			2015
Deferred tax assets:
Accrued defined benefit pension and postretirement benefits	$	89,253		$	92,456
Impairment	21,904			23,982
Interest rate swaps	18,483			10,208
Accrued insurance	14,378			13,245
Tax loss and tax credit carryforwards	13,624			14,081
Leasing transactions	11,144			11,442
Share-based compensation	9,091			9,331
Lease commitments related to closed or refranchised locations	7,440			11,471
Accrued incentive compensation	5,536			6,412
Accrued vacation pay expense	2,137			2,193
Other reserves and allowances	1,935			1,584
Deferred income	1,887			1,417
Other, net	3,876			2,030
Total gross deferred tax assets	200,688			199,852
Valuation allowance	(11,365		)	(11,563		)
Total net deferred tax assets	189,323			188,289
Deferred tax liabilities:
Property and equipment, principally due to differences in depreciation	(38,859		)	(38,403		)
Intangible assets	(31,827		)	(30,132		)
Other	(1,050		)	(1,568		)
Total gross deferred tax liabilities	(71,736		)	(70,103		)
Net deferred tax assets	$	117,587		$	118,186

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amounts of unrecognized tax benefits follows (in thousands):

	2016		2015
Balance beginning of year	$	—	$	374
Change related to tax positions	—		(374		)
Balance at end of year	$	—	$	—