XML 46 R33.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 30, 2017
Income Taxes [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) |
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿(dollars in thousands) |  | 2017 |  | 2016 |  | 2015
﻿Current: |  |  |  |  |  |
﻿Federal | $ | 10,630 | $ | 25,908 | $ | 29,888
﻿State |  | 1,972 |  | 5,888 |  | 3,325
﻿Deferred: |  |  |  |  |  |
﻿Federal |  | (34,659) |  | 6,020 |  | (188)
﻿State |  | 2,666 |  | (317) |  | (24)
﻿ | $ | (19,391) | $ | 37,499 | $ | 33,001
﻿
Schedule of Effective Income Tax Rate Reconciliation |
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿(dollars in thousands) |  | 2017 |  | 2016 |  | 2015
﻿Income taxes at federal statutory rate | $ | 27,658 | $ | 43,631 | $ | 32,316
﻿State income taxes, net of federal income tax benefit |  | 1,306 |  | 2,413 |  | 1,112
﻿Deferred tax on gain on bargain purchase |  | - |  | (8,358) |  | -
﻿Nondeductible employee-related expenses |  | 1,828 |  | - |  | -
﻿2017 tax reform |  | (49,336) |  | - |  | -
﻿Other |  | (847) |  | (187) |  | (427)
﻿Provision for income taxes (effective tax rate (24.5)%, 30.1% and 35.7%, respectively) | $ | (19,391) | $ | 37,499 | $ | 33,001
﻿
Schedule of Deferred Tax Assets and Liabilities |
﻿ |  |  |  |
﻿ |  |  |  |
﻿(dollars in thousands) |  | 2017 |  | 2016
﻿Deferred tax assets: |  |  |  |
﻿Accounts receivable | $ | 542 | $ | 586
﻿Compensated absences |  | 848 |  | 1,076
﻿Employment incentives |  | 388 |  | 9,826
﻿Employee benefit plans |  | 5,581 |  | 9,243
﻿General liability insurance |  | 2,991 |  | 4,359
﻿Postretirement benefit obligations |  | 5,365 |  | 6,484
﻿Net operating loss carryforwards |  | 7,745 |  | 5,600
﻿Other |  | 4,373 |  | 2,224
﻿Total deferred tax assets |  | 27,833 |  | 39,398
﻿Deferred tax liabilities: |  |  |  |
﻿Inventories |  | (8,026) |  | (7,619)
﻿Unrealized gains on marketable securities |  | (2,310) |  | (3,382)
﻿Nondeductible accruals and other |  | (5,160) |  | (7,517)
﻿Depreciation |  | (99,759) |  | (140,325)
﻿Total deferred tax liabilities |  | (115,255) |  | (158,843)
﻿Net deferred tax liability | $ | (87,422) | $ | (119,445)
﻿
Schedule of Unrecognized Tax Benefits |
﻿ |  |  |  |
﻿ |  |  |  |
﻿(dollars in thousands) |  | 2017 |  | 2016
﻿Unrecognized tax benefits at beginning of year | $ | 3,124 | $ | 1,264
﻿Increases based on tax positions related to the current year |  | 1,567 |  | 1,563
﻿Additions for tax positions of prior year |  | - |  | 297
﻿Reductions for tax positions of prior years |  | - |  | -
﻿Settlements |  | - |  | -
﻿Expiration of the statute of limitations for assessment of taxes |  | - |  | -
﻿Unrecognized tax benefits at end of year | $ | 4,691 | $ | 3,124
﻿

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 55 -Paragraph 217 -URI http://asc.fasb.org/extlink&oid=75116239&loc=d3e36027-109320 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=65882285&loc=SL6600010-109319 + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration