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Income Taxes | 12 Months Ended
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Sep. 26, 2015
Income Taxes [Abstract] |
Income Taxes | 2. Income Taxes Deferred Income Tax Liabilities and Assets – Deferred income taxes are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax laws and rates. Significant components of the Company’s deferred tax liabilities and assets are as follows:
|  | 2015 |  | 2014
Deferred tax liabilities: |  |  |  |  |  |
Property and equipment tax/book differences |  | $ | 82,199,000 |  | $ | 79,861,000
Property tax method |  |  | 1,491,000 |  |  | 1,418,000
Total deferred tax liabilities |  |  | 83,690,000 |  |  | 81,279,000
Deferred tax assets: |  |  |  |  |  |
Insurance reserves |  |  | 8,607,000 |  |  | 8,360,000
Advance payments on purchases contracts |  |  | 652,000 |  |  | 676,000
Vacation accrual |  |  | 2,386,000 |  |  | 2,603,000
State tax credits |  |  | 271,000 |  |  | 604,000
Inventory |  |  | 1,939,000 |  |  | 1,917,000
Deferred compensation |  |  | 3,390,000 |  |  | 3,157,000
Other |  |  | 1,802,000 |  |  | 1,544,000
Total deferred tax assets |  |  | 19,047,000 |  |  | 18,861,000
Net deferred tax liabilities |  | $ | 64,643,000 |  | $ | 62,418,000
Current deferred income tax benefits of $7.3 million and $7.6 million at September 26, 2015 and September 27, 2014, respectively, included in other current assets, result from timing differences arising from deferred vendor income, vacation pay, non-income taxes, self-insurance reserves, and from capitalization of certain overhead costs in inventory for tax purposes. At September 26, 2015 and September 27, 2014 refundable current income taxes totaling $5.5 million and $1.2 million, respectively, are included in the line item “Other current assets” on the Consolidated Balance Sheets. Income Tax Expense - Income tax expense differs from the amounts computed by applying the statutory federal rates to income before income taxes. The reasons for the differences are as follows:
|  | 2015 |  | 2014 |  | 2013
Federal tax at statutory rate |  | $ | 33,060,000 |  | $ | 27,922,000 |  | $ | 9,109,000
State income tax, net of federal tax benefits |  |  | 4,599,000 |  |  | 2,308,000 |  |  | (2,204,000)
Federal tax credits |  |  | (1,544,000) |  |  | (718,000) |  |  | (1,410,000)
Other |  |  | (1,010,000) |  |  | (1,162,000) |  |  | (48,000)
Total |  | $ | 35,105,000 |  | $ | 28,350,000 |  | $ | 5,447,000
Current and deferred income tax expense (benefit) is as follows:
|  | 2015 |  | 2014 |  | 2013
Current: |  |  |  |  |  |  |  |  |
Federal |  | $ | 25,578,000 |  | $ | 40,475,000 |  | $ | 73,000
State |  |  | 7,302,000 |  |  | 4,227,000 |  |  | (2,061,000)
Total current |  |  | 32,880,000 |  |  | 44,702,000 |  |  | (1,988,000)
Deferred: |  |  |  |  |  |  |  |  |
Federal |  |  | 2,373,000 |  |  | (15,913,000) |  |  | 7,368,000
State |  |  | (148,000) |  |  | (439,000) |  |  | 67,000
Total deferred |  |  | 2,225,000 |  |  | (16,352,000) |  |  | 7,435,000
Total expense |  | $ | 35,105,000 |  | $ | 28,350,000 |  | $ | 5,447,000
Recently Enacted Tax Regulations – On September 13, 2013, the IRS released final tangible property regulations under Sections 162(a) and 263(a) of the Internal Revenue Code regarding the deduction and capitalization of expenditures related to tangible property as well as dispositions of tangible property. These regulations are effective for the Company’s fiscal year ending September 26, 2015 and did not have a material impact on the Company’s consolidated results of operations, cash flows or financial position for the fiscal years ended September 26, 2015 and September 27, 2014.

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- 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 4: 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=6907707&loc=d3e32639-109319 Reference 5: 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=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 + Details
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