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Taxes on Income (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Summary of Income Tax Provision for Continuing Operations

The income tax provision for continuing operations is made up of the following components:

	December 31,					January 2,					January 3,
	2016					2016					2015
(In thousands)	(52 Weeks)					(52 Weeks)					(53 Weeks)
Current income tax expense:
Federal	$		22,936			$		31,437			$		27,015
State			3,210					3,144					777
Total current income tax expense			26,146					34,581					27,792
Deferred income tax expense (benefit):
Federal			6,509					3,255					3,362
State			252					(743	)				175
Total deferred income tax expense			6,761					2,512					3,537
Total income tax expense	$		32,907			$		37,093			$		31,329

Reconciliation of Statutory Federal Rate to Effective Rate

A reconciliation of the statutory federal rate to the effective rate is as follows:

	December 31,					January 2,					January 3,
	2016					2016					2015
	(52 Weeks)					(52 Weeks)					(53 Weeks)
Federal statutory income tax rate		35.0		%			35.0		%			35.0		%
State taxes, net of federal income tax benefit		2.5					1.6					2.9
Charitable product donations		(0.5	)				(0.3	)				(0.4	)
Changes in tax contingencies		—					(0.1	)				(2.7	)
Domestic production activities deduction		(0.3	)				(0.2	)				(0.2	)
Non-deductible expenses		0.5					0.4					0.9
Other, net		(0.6	)				0.6					(0.9	)
Effective income tax rate		36.6		%			37.0		%			34.6		%

Summary of Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities resulting from temporary differences as of December 31, 2016 and January 2, 2016 are as follows:

				December 31,					January 2,
(In thousands)				2016					2016
Deferred tax assets:
Employee benefits				$		30,626			$		29,218
Accrued workers' compensation						2,624					2,712
Allowance for doubtful accounts						2,945					3,341
Intangible assets						2,060					326
Restructuring						6,087					732
Deferred revenue						2,990					2,047
Accrued rent						3,555					3,884
Accrued insurance						1,279					866
All other						4,417					6,804
Total deferred tax assets						56,583					49,930
Deferred tax liabilities:
Property and equipment						52,401					43,201
Inventory						46,332					48,120
Goodwill						79,904					62,005
Leases (a)						—					12,279
All other						1,189					925
Total deferred tax liabilities						179,826					166,530
Net deferred tax liability				$		123,243			$		116,600

Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

				December 31,					January 2,
(In thousands)				2016					2016
Balance at beginning of year				$		2,211			$		2,179
Gross increases - tax positions taken in prior years						184					186
Gross decreases - tax positions taken in prior years						(2	)				(105	)
Gross increases - tax positions taken in current year						718					660
Lapse of statute of limitations						(742	)				(709	)
Balance at end of year				$		2,369			$		2,211

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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.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
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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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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
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Tabular disclosure of the change in unrecognized tax benefits.

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-SubTopic 10
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