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INCOME TAXES	6 Months Ended
Jul. 12, 2014
INCOME TAXES	14. INCOME TAXES The company’s effective tax rate for the twenty-eight weeks ending July 12, 2014 and July 13, 2013 was 35.0% and 27.1%, respectively. The prior year’s rate was driven down by the gain on acquisition, which was recorded net of deferred taxes as a component of income before income taxes. The prior year gain was treated as a permanent item in the tax provision, and favorably impacted the rate by approximately 8%. During the twenty-eight weeks ended July 12, 2014, the company’s activity with respect to its uncertain tax positions and related interest expense accrual was immaterial. At this time, we do not anticipate significant changes to the amount of gross unrecognized tax benefits over the next twelve months.

INCOME TAXES

6 Months Ended

Jul. 12, 2014

14. INCOME TAXES

The company’s effective tax rate for the twenty-eight weeks ending July 12, 2014 and July 13, 2013 was 35.0% and 27.1%, respectively. The prior year’s rate was driven down by the gain on acquisition, which was recorded net of deferred taxes as a component of income before income taxes. The prior year gain was treated as a permanent item in the tax provision, and favorably impacted the rate by approximately 8%.

During the twenty-eight weeks ended July 12, 2014, the company’s activity with respect to its uncertain tax positions and related interest expense accrual was immaterial. At this time, we do not anticipate significant changes to the amount of gross unrecognized tax benefits over the next twelve months.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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