(9) Income Taxes

The Company’s effective tax rates for the period, which are based on the projected effective tax rate for the full year, are as follows:


	Three Months Ended
Fiscal 2017		31.8	%
Fiscal 2016		28.0	%

During the first quarter of fiscal 2017, the Company recognized an income tax expense of approximately $476,000. The effective tax rate in this quarter was directly impacted by a $52,000 tax benefit related to the statute of limitations expiring on a previously uncertain tax position. During the three months ended May 2, 2015, the Company recognized an income tax expense of approximately $471,000. The effective tax rate in this quarter was directly impacted by a $135,000 tax benefit related to the statute of limitations expiring on a previously uncertain tax position.

As of April 30, 2016, the Company’s cumulative unrecognized tax benefits totaled $584,000 compared to $591,000 as of January 31, 2016. There were no other developments affecting unrecognized tax benefits during the quarter ended April 30, 2016.