Income Taxes (Tables)

12 Months Ended

Dec. 26, 2020

Schedule of Provisions for Income Taxes

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

	Fiscal Years
	2020			2019		2018
Current:
Federal	$	47,955		$	52,422	$	60,650
State		7,249			10,367		9,410
Foreign		557			504		993
Total current	$	55,761		$	63,293	$	71,053
Deferred:
Federal	$	1,523		$	4,212	$	1,730
State		(393	)		555		385
Total deferred	$	1,130		$	4,767	$	2,115
Income taxes	$	56,891		$	68,060	$	73,168

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. 26, 2020		Dec. 28, 2019
Deferred tax assets:
Receivable valuations	$	4,286	$	4,004
Share-based payments		2,020		2,923
Self-insured claims		3,613		3,565
Other		6,056		2,935
Total deferred tax assets	$	15,975	$	13,427
Deferred tax liabilities:
Operating property	$	52,014	$	49,669
Goodwill		3,772		4,223
Other		3,087		1,531
Total deferred tax liabilities	$	58,873	$	55,423
Net deferred tax liability	$	42,898	$	41,996

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 2020, 2019, and 2018 on income before income taxes and the provisions for income taxes (in thousands):

	Fiscal Years
	2020			2019			2018
Income taxes at federal income tax rate	$	52,289		$	62,110		$	68,960
State income taxes, net of federal income tax benefit		5,375			8,876			7,713
Non-deductible executive compensation		96			—			1,012
Meals and entertainment exclusion		326			644			719
Share-based payments		(977	)		(3,093	)		(2,138	)
Section 199 deductions and R&D credits		(717	)		(714	)		(3,309	)
Other, net		499			237			211
Income taxes	$	56,891		$	68,060		$	73,168

Schedule for Gross Unrecognized Tax Benefits

The following table summarizes the rollforward of the total amounts of gross unrecognized tax benefits for fiscal years 2020 and 2019 (in thousands):

	Fiscal Years
	2020			2019
Gross unrecognized tax benefits – beginning of the year	$	3,014		$	3,519
Gross increases related to current year tax positions		349			468
Gross increases related to prior year tax positions		232			469
Gross decreases related to prior year tax positions		—			(295	)
Settlements		—			(356	)
Lapse of statute of limitations		(1,010	)		(791	)
Gross unrecognized tax benefits – end of the year	$	2,585		$	3,014