Income Taxes (Tables)

12 Months Ended

Mar. 26, 2022

Income Taxes [Abstract]

Components of the provision for income taxes

Provision for Income Taxes
(thousands)		2022		2021		2020
Current:
Federal	$	256	$	(1,809)	$	2,783
State		1,442		827		1,994
Total current		1,698		(982)		4,777
Deferred:
Federal		12,602		10,169		11,397
State		1,417		685		76
Total deferred		14,019		10,854		11,473
Total provision	$	15,717	$	9,872	$	16,250

Reconciliation between Federal statutory tax rate and effective tax rate reflected in accompanying financial statements

Income Tax Rate Reconciliation	2022		2021		2020
Expected U.S. federal income taxes at statutory rate	21.0	%	21.0	%	21.0	%
State income taxes, net of federal tax benefit	3.0		2.9		1.9
Tax adjustments (a)	(4.0)		(1.1)		—
Other	0.3		(0.5)		(1.0)
Effective tax rate	20.3	%	22.3	%	21.9	%

(a)Adjustments reflect benefit due to differences in statutory tax rates from a loss year to years in which such net operating loss may be carried back.

Deferred tax (liabilities) assets

Net Deferred Tax Asset/(Liability)
(thousands)		March 26, 2022		March 27, 2021
Gross deferred tax assets:
Lease liabilities	$	187,559	$	186,168
Other		26,382		26,723
Total gross deferred tax assets		213,941		212,891
Gross deferred tax liabilities:
Leased assets		(147,764)		(148,496)
Goodwill		(66,153)		(56,623)
Property and equipment		(22,251)		(21,032)
Other		(1,180)		(910)
Total deferred tax liabilities		(237,348)		(227,061)
Total net deferred tax liability	$	(23,407)	$	(14,170)

Income taxes associated with unrecognized tax benefits

Changes in Liability for Unrecognized Tax Benefits
(thousands)		2022		2021		2020
Balance at beginning of period	$	5,035	$	5,212	$	6,424
Additions based on tax positions related to the current year		1,271		915		644
Additions for tax positions of prior years		49		—		—
Reductions for tax positions of prior years		—		—		(30)
Settlements		—		—		—
Lapse in statutes of limitation		(1,349)		(1,092)		(1,826)
Balance at end of period	$	5,006	$	5,035	$	5,212