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Income Taxes
 3 Months Ended
Mar. 26, 2022
Income Taxes
(3)
Income Taxes
The provisions for income taxes for the 2022 and 2021 thirteen-week periods were based on an estimated annual effective income tax rate of 24.5% and 24.4
%, respectively, adjusted for discrete events, such as benefits resulting from stock-based awards. The estimated annual effective income tax rate was higher than the statutory federal income tax rate
of 21
% in both periods primarily attributable to state taxes and
non-deductible
executive compensation. The effective income tax rate for the 2022 thirteen-week period w
as 22.8
%, which was lower than the estimated annual effective income tax rate of 24.5%, primarily attributable to excess tax benefits realized on stock-based awards. The effective income tax rate for the 2021 thirteen-week period o
f 24.4
% was equal to the estimated annual effective income tax rate during the 2021 period.