XML 48 R34.htm IDEA: XBRL DOCUMENT v3.20.4

Income Taxes (Tables)

12 Months Ended

Jan. 01, 2021

Income Tax Disclosure [Abstract]

Components of Income (Loss) Before Income Taxes from Continuing Operations

The components of income before income taxes from continuing operations are as follows (in thousands):

		Year Ended
		January 1,				December 27,				December 28,
		2021				2019				2018
Domestic		$	10,046			$	33,072			$	26,040
Foreign			(1,530	)			(2,045	)			6,896
Income from continuing operations before income    taxes		$	8,516			$	31,027			$	32,936

Components of Income Tax Expense (Benefit) from Continuing Operations

The components of income tax expense (benefit) from continuing operations are as follows (in thousands):

		Year Ended
		January 1,				December 27,				December 28,
		2021				2019				2018
Current tax expense
Federal		$	3,125			$	5,451			$	3,068
State			810				1,032				721
Foreign			374				262				1,565
			4,309				6,745				5,354
Deferred tax expense (benefit)
Federal			(769	)			425				220
State			(81	)			670				365
Foreign			(588	)			(96	)			(362	)
			(1,438	)			999				223
Income tax expense from continuing operations		$	2,871			$	7,744			$	5,577

Reconciliation Of The Federal Statutory Tax Rate With The Effective Tax Rate From Continuing Operations

9. Income Taxes (continued)

A reconciliation of the federal statutory tax rate with the effective tax rate from continuing operations is as follows:

		Year Ended
		January 1,					December 27,					December 28,
		2021					2019					2018
U.S statutory income tax expense rate			21.0		%			21.0		%			21.0		%
State income taxes, net of federal income tax    expense			6.8					4.3					2.6
Valuation reduction			(0.6	)				1.2					—
Meals and entertainment			0.6					0.5					1.0
Foreign rate differential			0.9					—					0.2
Share based compensation			2.4					(1.3	)				(3.6	)
Purchase accounting			—					(0.8	)				(3.1	)
Foreign exchange loss			0.2					0.2					(0.3	)
Other, net			2.4					(0.1	)				(0.9	)
Effective tax rate			33.7		%			25.0		%			16.9		%

Components Of The Net Deferred income Tax Asset (Liability)

The components of the net deferred income tax asset (liability) are as follows (in thousands):

		Year Ended
		January 1,				December 27,
		2021				2019
Deferred income tax assets:
Allowance for doubtful accounts		$	169			$	185
Net operating loss and tax credits carryforward			3,485				2,912
Accrued expenses and other liabilities			5,575				4,987
			9,229				8,084
Valuation allowance			(1,558	)			(1,571	)
			7,671				6,513
Deferred income tax liabilities:
Depreciation			(3,989	)			(5,161	)
Tax over book amortization on goodwill and intangibles			(8,966	)			(8,274	)
Other items			(304	)			(261	)
			(13,259	)			(13,696	)
Net deferred income tax liability		$	(5,588	)		$	(7,183	)

Detail And Activity Of The ASC 740-10 Liability

The following table sets forth the detail and activity of the ASC 740 liability during the years ended January 1, 2021 and December 27, 2019, (in thousands):

		Year Ended
		January 1,				December 27,
		2021				2019
Beginning balance		$	413			$	402
Additions based on tax positions			12				11
Ending balance		$	425			$	413

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 income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h)(1)(i))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
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/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 55
-Paragraph 217
-URI http://asc.fasb.org/extlink&oid=121610041&loc=d3e36027-109320

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-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