Income Taxes (Tables)

12 Months Ended

Dec. 28, 2014

Income Taxes

Summary of the provision for income taxes

A summary of the provision for income taxes follows (in thousands):

	2014		2013		2012
Current:
Federal	$	17,193	$	19,731	$	26,065
Foreign	2,368		1,974		1,669
State and local	2,293		822		2,624
Deferred (federal and state)	14,704		10,603		2,035
Total	$	36,558	$	33,130	$	32,393

Schedule of significant deferred tax assets (liabilities)

Significant deferred tax assets (liabilities) follow (in thousands):

	2014			2013
Accrued liabilities	$	12,319		$	10,584
Accrued bonuses	3,624			4,153
Other assets and liabilities	11,109			10,209
Equity awards	6,494			5,974
Other	3,730			3,992
Foreign net operating losses	6,322			7,233
Valuation allowance on foreign net operating losses and foreign deferred tax assets	(2,932		)	(7,682		)
Total deferred tax assets	40,666			34,463
Deferred expenses	(6,141		)	(5,655		)
Accelerated depreciation	(21,425		)	(16,838		)
Goodwill	(15,725		)	(13,953		)
Other	(7,401		)	(4,673		)
Total deferred tax liabilities	(50,692		)	(41,119		)
Net deferred (liability) asset	$	(10,026	)	$	(6,656	)

Schedule of reconciliation of income tax computed at the U.S. federal statutory rate to income tax expense

The reconciliation of income tax computed at the U.S. federal statutory rate to income tax expense for the years ended December 28, 2014, December 29, 2013 and December 30, 2012 is as follows in both dollars and as a percentage of income before income taxes ($ in thousands):

	2014					2013					2012
	Income Tax Expense			Income Tax Rate		Income Tax Expense			Income Tax Rate		Income Tax Expense			Income Tax Rate
Tax at U.S. federal statutory rate	$	39,989		35.0	%	$	37,138		35.0	%	$	34,438		35.0	%
State and local income taxes	1,896			1.7	%	1,820			1.7	%	1,936			2.0	%
Foreign income taxes	2,368			2.1	%	1,974			1.9	%	1,669			1.7	%
Settlement of certain tax issues	117			0.1	%	(909		)	(0.9	)%	305			0.3	%
Income of consolidated partnerships attributable to noncontrolling interests	(1,608		)	(1.4	)%	(1,263		)	(1.2	)%	(1,604		)	(1.6	)%
Non-qualified deferred compensation plan (income) loss	(171		)	(0.2	)%	(599		)	(0.6	)%	(355		)	(0.4	)%
Tax credits and other	(6,033		)	(5.3	)%	(5,031		)	(4.7	)%	(3,996		)	(4.1	)%
Total	$	36,558		32.0	%	$	33,130		31.2	%	$	32,393		32.9	%

Schedule of reconciliation of the beginning and ending liability for unrecognized tax benefits

A reconciliation of the beginning and ending liability for unrecognized tax benefits is as follows (in thousands):

Balance at December 30, 2012	$	3,430
Additions for tax positions of prior years	170
Reductions for lapse of statute of limitations	(241		)
Settlements	(698		)
Balance at December 29, 2013	2,661
Additions for tax positions of prior years	1,167
Reductions for lapse of statute of limitations	(1,015		)
Balance at December 28, 2014	$	2,813