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Income Taxes (Tables) | 12 Months Ended
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Dec. 29, 2012
Income Tax Disclosure [Abstract] |
Significant components of the Company’s deferred tax liabilities and assets | Significant components of the Company's deferred tax liabilities and assets are as follows at the respective year ends:
(Amounts in thousands) | 2012 |  | 2011
Deferred tax assets: |  |  |
Inventory valuation reserves | $ | 853 |  |  | $ | 966 |
Allowance for doubtful accounts | 162 |  |  | 382 |
Inventory capitalization | 2,239 |  |  | 1,601 |
Environmental reserves | 229 |  |  | 229 |
Interest rate swap | 116 |  |  | — |
Deferred compensation | 120 |  |  | 135 |
State net operating loss | 66 |  |  | — |
Other | 350 |  |  | 295 |
Total deferred tax assets | 4,135 |  |  | 3,608 |
Deferred tax liabilities: |  |  |  |  |
Tax over book depreciation and amortization | 8,046 |  |  | 2,908 |
Prepaid expenses | 663 |  |  | 582 |
Other | 90 |  |  | 44 |
Total deferred tax liabilities | 8,799 |  |  | 3,534 |
Net deferred tax (liabilities) assets | $ | (4,664 | ) |  | $ | 74 |
Significant components of the provision for (benefit from) income taxes for continuing operations | Significant components of the provision for (benefit from) income taxes are as follows:
(Amounts in thousands) | 2012 |  | 2011 |  | 2010
Current: |  |  |  |  |
Federal | $ | 1,771 |  |  | $ | 2,670 |  |  | $ | 2,039 |
State | 281 |  |  | 162 |  |  | 193 |
Total current | 2,052 |  |  | 2,832 |  |  | 2,232 |
Deferred: |  |  |  |  |  |  |  |
Federal | 114 |  |  | 108 |  |  | (148 | )
State | (60 | ) |  | 13 |  |  | 32 |
Total deferred | 54 |  |  | 121 |  |  | (116 | )
Total | $ | 2,106 |  |  | $ | 2,953 |  |  | $ | 2,116 |
Reconciliation of income tax computed at the U. S. federal statutory tax rates to income tax expense for continuing operations | The reconciliation of income tax computed at the U. S. federal statutory tax rates to income tax expense is:
| 2012 |  | 2011 |  | 2010
(Amounts in thousands) | Amount |  | % |  | Amount |  | % |  | Amount |  | %
Tax at U.S. statutory rates | $ | 2,156 |  |  | 34.0 | % |  | $ | 2,975 |  |  | 34.0 | % |  | $ | 2,091 |  |  | 34.0 | %
State income taxes, net of federal tax benefit | 118 |  |  | 1.9 | % |  | 133 |  |  | 1.5 | % |  | 148 |  |  | 2.4 | %
Manufacturing exemption | (180 | ) |  | (2.8 | )% |  | (162 | ) |  | (1.9 | )% |  | (160 | ) |  | (2.6 | )%
Other, net | 12 |  |  | 0.1 | % |  | 7 |  |  | 0.1 | % |  | 37 |  |  | 0.6 | %
Total | $ | 2,106 |  |  | 33.2 | % |  | $ | 2,953 |  |  | 33.7 | % |  | $ | 2,116 |  |  | 34.4 | %

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- 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://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 + Details
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- 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://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 + Details
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- 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
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