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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Tax Disclosure [Abstract]

Summary of Total Income Tax Expense (Benefit)

Total income tax expense (benefit) consists of the following:

		Current				Deferred				Total
		(In thousands)
Fiscal 2017:
Federal		$	3,231			$	8,092			$	11,323
State			836				1,435				2,271
		$	4,067			$	9,527			$	13,594
Fiscal 2016:
Federal		$	9,635			$	(652	)		$	8,983
State			1,712				355				2,067
		$	11,347			$	(297	)		$	11,050
Fiscal 2015:
Federal		$	7,478			$	378			$	7,856
State			1,558				37				1,595
		$	9,036			$	415			$	9,451

Schedule of Federal Statutory Tax Rate Reconciliation

The provision for income taxes differs from the amounts computed by applying the federal statutory tax rate of 35% to earnings before income taxes, as follows:

		Year Ended
		December 31, 2017				January 1, 2017				January 3, 2016
		(In thousands)
Tax expense at statutory rate		$	5,144			$	9,778			$	8,662
State taxes, net of federal benefit			658				1,244				1,118
Federal rate change and other			7,792				28				(329	)
		$	13,594			$	11,050			$	9,451

Schedule of Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities consist of the following tax-effected temporary differences:

		December 31, 2017				January 1, 2017
		(In thousands)
Deferred tax assets:
Deferred rent		$	5,076			$	8,389
Insurance liabilities			2,762				4,365
Employee benefit-related liabilities			2,726				4,044
Inventory			1,635				3,174
California Enterprise Zone Tax Credits			1,451				1,542
Gift card liability			1,033				1,420
Share-based compensation			891				1,512
Deferred lease revenue			803				1,595
Allowance for sales returns			294				558
Other			491				1,572
Gross deferred tax assets			17,162				28,171
Less: Valuation allowance			(876	)			—
Deferred tax assets, net of valuation allowance			16,286				28,171
Federal liability on state deferred tax assets			(1,234	)			(2,559	)
Basis difference in fixed assets			(476	)			(1,913	)
Prepaid expense			(404	)			—
Deferred tax liabilities			(2,114	)			(4,472	)
Net deferred tax assets		$	14,172			$	23,699

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- References

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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=84230637&loc=d3e32639-109319

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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=84230637&loc=d3e32537-109319

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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=84230637&loc=d3e32687-109319

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