XML 44 R31.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Income Taxes: (Tables) | 12 Months Ended
--- | ---
Dec. 29, 2018
Income Taxes: |
Schedule of reconciliation of the expected federal income tax expense based on the federal statutory tax rate to the actual income tax expense |
|  | Year Ended |
|  | December 29, 2018 |  | December 30, 2017 |  | December 31, 2016 |
Federal income tax expense at statutory rate (21%, 35%, 35%) |  | $ | 8,249,400 |  | $ | 12,758,000 |  | $ | 12,549,000 |
Change in valuation allowance |  |  | (13,800) |  |  | 7,500 |  |  | 13,800 |
State and local income taxes, net of federal benefit |  |  | 1,334,100 |  |  | 1,057,100 |  |  | 1,019,000 |
Permanent differences, including stock option expenses |  |  | (355,500) |  |  | (628,400) |  |  | 84,300 |
Adjustment to uncertain tax positions |  |  | 4,500 |  |  | 77,800 |  |  | 2,900 |
Rate change |  |  | — |  |  | (1,540,300) |  |  | — |
Other, net |  |  | (61,100) |  |  | 139,300 |  |  | 36,900 |
Actual income tax expense |  | $ | 9,157,600 |  | $ | 11,871,000 |  | $ | 13,705,900 |
Schedule of components of the provision for income taxes |
|  | Year Ended |
|  | December 29, 2018 |  | December 30, 2017 |  | December 31, 2016 |
Current: |  |  |  |  |  |  |  |  |  |
Federal |  | $ | 6,355,800 |  | $ | 10,296,100 |  | $ | 12,029,600 |
State |  |  | 1,551,000 |  |  | 1,688,100 |  |  | 1,605,700 |
Foreign |  |  | 423,000 |  |  | 365,900 |  |  | 396,600 |
Current provision |  |  | 8,329,800 |  |  | 12,350,100 |  |  | 14,031,900 |
Deferred: |  |  |  |  |  |  |  |  |  |
Federal |  |  | 967,300 |  |  | (463,800) |  |  | (306,700) |
State |  |  | (139,500) |  |  | (15,300) |  |  | (19,300) |
Deferred provision |  |  | 827,800 |  |  | (479,100) |  |  | (326,000) |
Total provision for income taxes |  | $ | 9,157,600 |  | $ | 11,871,000 |  | $ | 13,705,900 |
Schedule of tax effects of temporary differences that give rise to the net deferred income tax assets and liabilities |
|  | December 29, 2018 |  | December 30, 2017 |
Deferred tax assets: |  |  |  |  |  |  |
Accounts receivable and lease reserves |  | $ | 215,900 |  | $ | 179,800 |
Non-qualified stock option expense |  |  | 2,071,600 |  |  | 1,800,600 |
Deferred revenue |  |  | 2,020,100 |  |  | 2,197,800 |
Trademarks |  |  | 39,800 |  |  | 44,300 |
Lease deposits |  |  | 1,004,700 |  |  | 1,110,000 |
Loss from and impairment of equity and note investments |  |  | 2,620,700 |  |  | 2,634,500 |
Valuation allowance |  |  | (2,620,700) |  |  | (2,634,500) |
Other |  |  | 331,400 |  |  | 190,600 |
Total deferred tax assets |  |  | 5,683,500 |  |  | 5,523,100 |
Deferred tax liabilities: |  |  |  |  |  |  |
Lease revenue and initial direct costs |  |  | (6,664,800) |  |  | (5,707,000) |
Depreciation and amortization |  |  | (167,000) |  |  | (136,600) |
Total deferred tax liabilities |  |  | (6,831,800) |  |  | (5,843,600) |
Total net deferred tax liabilities |  | $ | (1,148,300) |  | $ | (320,500) |
Summary of activity related to the Company's unrecognized tax benefits |
|  | Total |
Balance at December 31, 2016 |  | $ | 479,500 |
Increases related to current year tax positions |  |  | 192,900 |
Subtractions for tax positions of prior years |  |  | (8,300) |
Expiration of the statute of limitations for the assessment of taxes |  |  | (113,000) |
Balance at December 30, 2017 |  |  | 551,100 |
Increases related to current year tax positions |  |  | 135,600 |
Expiration of the statute of limitations for the assessment of taxes |  |  | (135,400) |
Balance at December 29, 2018 |  | $ | 551,300 |

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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 55 -Paragraph 217 -URI http://asc.fasb.org/extlink&oid=109238393&loc=d3e36027-109320 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319 + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration