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Income Taxes (Tables)

12 Months Ended

Dec. 25, 2019

Income Tax Disclosure [Abstract]

Schedule of provisions for income taxes

The provisions for income taxes were as follows:

	Fiscal Year Ended
	December 25, 2019				December 26, 2018				December 27, 2017
	(In thousands)
Current:
Federal	$	12,421			$	(632	)		$	3,688
State and local	5,156				1,833				2,071
Foreign	1,142				1,042				961
Deferred:
Federal	9,944				5,432				10,075
State and local	6,061				761				196
(Decrease) increase of valuation allowance	(2,935		)		121				216
Total provision for income taxes	$	31,789			$	8,557			$	17,207

Schedule of reconciliation of income taxes U.S. federal statutory tax rate

The reconciliation of income taxes at the U.S. federal statutory tax rate to our effective tax rate was as follows: 

	December 25, 2019			December 26, 2018			December 27, 2017
Statutory provision rate	21	%		21	%		35	%
State and local taxes, net of federal income tax benefit	8			6			5
Reduction in state valuation allowance	(2	)		—			—
Wage addback on income tax credits earned	—			—			2
General business credits generated	(2	)		(5	)		(5	)
Foreign tax credits generated	(1	)		(2	)		(2	)
Share-based compensation	(3	)		(3	)		(3	)
Impact of tax reform	—			—			(3	)
Other	—			(1	)		1
Effective tax rate	21	%		16	%		30	%

Schedule of deferred income tax assets or liabilities

The following table represents the approximate tax effect of each significant type of temporary difference that resulted in deferred income tax assets or liabilities.

	December 25, 2019				December 26, 2018
	(In thousands)
Deferred tax assets:
Self-insurance accruals	$	4,202			$	4,647
Finance lease liabilities	1,263				2,045
Operating lease liabilities	43,497				—
Accrued exit cost	48				445
Interest rate swaps	11,491				1,157
Pension, other retirement and compensation plans	10,549				10,568
Deferred income	4,688				5,099
Other accruals	—				633
Alternative minimum tax credit carryforwards	—				928
General business and foreign tax credit carryforwards - state and federal	2,945				11,061
Net operating loss carryforwards - state	9,621				13,899
Total deferred tax assets before valuation allowance	88,304				50,482
Less: valuation allowance	(10,264		)		(13,199		)
Total deferred tax assets	78,040				37,283
Deferred tax liabilities:
Intangible assets	(14,858		)		(14,631		)
Deferred finance costs	(211		)		(286		)
Operating lease right-of-use assets	(40,751		)		—
Fixed assets	(6,711		)		(5,033		)
Other accruals	(791		)		—
Total deferred tax liabilities	(63,322		)		(19,950		)
Net deferred tax asset	$	14,718			$	17,333

Summary of unrecognized tax benefits

The following table provides a reconciliation of the beginning and ending amount of unrecognized tax benefits:

	December 25, 2019				December 26, 2018
	(In thousands)
Balance, beginning of year	$	2,940			$	1,469
Increase related to current-year tax positions	—				941
(Decrease) increase related to prior-year tax positions	(1,893		)		530
Balance, end of year	$	1,047			$	2,940

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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.

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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.

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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.

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Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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