Income Taxes (Tables)

12 Months Ended

Dec. 28, 2019

Schedule of Provisions for Income Taxes

The provisions for income taxes consisted of the following (in thousands):

	Fiscal Years
	2019		2018		2017
Current:
Federal	$	52,422	$	60,650	$	72,025
State		10,367		9,410		8,312
Foreign		504		993		500
Total current	$	63,293	$	71,053	$	80,837
Deferred:
Federal	$	4,212	$	1,730	$	(17,110	)
State		555		385		79
Total deferred	$	4,767	$	2,115	$	(17,031	)
Income taxes	$	68,060	$	73,168	$	63,806

Schedule of Deferred Tax Assets and Liabilities

Temporary differences and carryforwards which gave rise to deferred tax assets and liabilities consisted of the following (in thousands):

	Dec. 28, 2019		Dec. 29, 2018
Deferred tax assets:
Receivable valuations	$	4,004	$	3,414
Share-based payments		2,923		5,286
Self-insured claims		3,565		4,201
Other		2,935		3,843
Total deferred tax assets	$	13,427	$	16,744
Deferred tax liabilities:
Operating property	$	49,669	$	48,553
Goodwill		4,223		3,812
Other		1,531		1,608
Total deferred tax liabilities	$	55,423	$	53,973
Net deferred tax liability	$	41,996	$	37,229

Schedule of Income Taxes Calculated on Income from Continuing Operations Before Income Taxes and Provision for Income Taxes

The following table summarizes the differences between income taxes calculated at the federal income tax rates of 21% for 2019 and 2018, respectively, and 35% for 2017 on income before income taxes and the provisions for income taxes (in thousands):

	Fiscal Years
	2019			2018			2017
Income taxes at federal income tax rate	$	62,110		$	68,960		$	84,281
State income taxes, net of federal income tax benefit		8,876			7,713			5,417
Non-deductible executive compensation		—			1,012			—
Meals and entertainment exclusion		644			719			1,021
Share-based payments		(3,093	)		(2,138	)		(1,549	)
Section 199 deductions and R&D credits		(714	)		(3,309	)		(5,546	)
Tax Reform Act		—			—			(19,530	)
Other, net		237			211			(288	)
Income taxes	$	68,060		$	73,168		$	63,806

Schedule for Gross Unrecognized Tax Benefits

The following table summarizes the rollforward of the total amounts of gross unrecognized tax benefits for fiscal years 2019 and 2018 (in thousands):

	Fiscal Years
	2019			2018
Gross unrecognized tax benefits – beginning of the year	$	3,519		$	4,812
Gross increases related to current year tax positions		468			714
Gross increases related to prior year tax positions		469			370
Gross decreases related to prior year tax positions		(295	)		(1,575	)
Settlements		(356	)		(159	)
Lapse of statute of limitations		(791	)		(643	)
Gross unrecognized tax benefits – end of the year	$	3,014		$	3,519