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INCOME TAXES (Tables)

12 Months Ended

Dec. 26, 2014

Income Tax Disclosure [Abstract]

Schedule of components of income tax expense

The provision for income taxes is comprised of the following (in thousands):

	2014				2013				2012
Current taxes:
Federal	$	(161	)		$	14,174			$	14,863
State	2,614				5,196				2,655
Foreign	951				488				368
Total current taxes	3,404				19,858				17,886
Deferred taxes:
Federal	10,198				(2,819		)		2,698
State	2,481				(1,026		)		392
Foreign	86				—				—
Total deferred taxes	12,765				(3,845		)		3,090
Provision for income taxes	$	16,169			$	16,013			$	20,976

Schedule of income tax reconciliation

The items accounting for the difference between income taxes computed at the statutory federal income tax rate and income taxes reported in the Consolidated Statements of Operations and Comprehensive Income are as follows (in thousands except percentages):

	2014				%			2013				%			2012				%
Income tax expense based on statutory rate	$	28,641			35.0	%		$	21,328			35.0	%		$	19,112			35.0	%
Increase (decrease) resulting from:
State income taxes, net of federal benefit	3,213				3.9			2,536				4.2			1,800				3.3
Tax credits, net	(18,564		)		(22.6	)		(10,790		)		(17.7	)		(1,915		)		(3.5	)
Non-deductible/non-taxable items	1,983				2.4			2,124				3.5			2,320				4.2
Foreign taxes	1,037				1.3			488				0.8			368				0.7
Other, net	(141		)		(0.2	)		327				0.5			(709		)		(1.3	)
Total taxes on income	$	16,169			19.8	%		$	16,013			26.3	%		$	20,976			38.4	%

Schedule of deferred tax assets and liabilities

The components of deferred tax assets and liabilities were as follows (in thousands):

	December 26, 2014				December 27, 2013
Deferred tax assets:
Allowance for doubtful accounts	$	2,255			$	2,172
Workers’ compensation claims reserve	1,135				10,381
Accounts payable and other accrued expenses	2,641				2,152
Net operating loss carryforwards	7,277				534
Tax credit carryforwards	7,343				620
Accrued wages and benefits	7,918				6,822
Deferred compensation	2,991				2,179
Other	1,663				970
Total	33,223				25,830
Valuation allowance	(2,844		)		(844		)
Total deferred tax asset, net of valuation allowance	30,379				24,986
Deferred tax liabilities:
Prepaid expenses, deposits and other current assets	(2,888		)		(1,662		)
Depreciation and amortization (1)	(40,804		)		(10,379		)
Other	(1,011		)		(1,092		)
Total deferred tax liabilities	(44,703		)		(13,133		)
Net deferred tax (liabilities) asset, end of year	(14,324		)		11,853
Net deferred tax asset, current	5,444				7,640
Net deferred tax (liabilities) asset, non-current	$	(19,768	)		$	4,213

(1) We have $21.8 million of tax basis in goodwill from the prior owners' acquisition of Seaton in 2005, which will continue to produce amortization deductions through 2020

Summary of tax credit carryforwards

The following table summarizes our net operating losses (“NOLs”) and credit carryforwards along with their respective valuation allowance (in thousands):

	Carryover Tax Benefit				Valuation Allowance				Expected Benefit				Year Expiration Begins
Year end tax attributes:
Seaton federal NOLs	$	4,679			$	—			$	4,679			2029
Seaton federal WOTCs	6,665				—				6,665				2024
Seaton state NOLs	1,570				(1,570		)		—				Various
Seaton foreign NOLs	509				(498		)		11				Various
Puerto Rico NOLs	519				(519		)		—				2015
California zone credits (1)	515				(257		)		258				2023
Foreign tax credits	163				—				163				2024
Total	$	14,620			$	(2,844	)		$	11,776

(1) The California Zone Credits fully expire in 2023.

Schedule of unrecognized tax benefits activity

The following table summarizes the activity related to our unrecognized tax benefits (in thousands):

	2014				2013				2012
Balance, beginning of fiscal year	$	2,035			$	1,884			$	1,656
Increases for tax positions related to the current year	389				402				494
Reductions due to lapsed statute of limitations	(385		)		(251		)		(266		)
Balance, end of fiscal year	$	2,039			$	2,035			$	1,884

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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 of the change in unrecognized tax benefits, excluding amounts pertaining to examined tax returns.

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Tabular disclosure of tax credit carryforwards available to reduce future taxable income, including amounts, expiration dates, limitations on use and the related deferred tax assets and valuation allowances.

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