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Income Taxes	4 Months Ended
Apr. 24, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Note 9 – Income Taxes The effective income tax rate was 24.6% and 0.2% for the 16 weeks ended April 24, 2021 and April 18, 2020, respectively. The differences from the federal statutory rate in the current year were primarily due to state taxes, partially offset by federal tax credits. In the prior year, the difference from the federal statutory rate was primarily the result of the Coronavirus Aid, Relief and Economic Security (“CARES”) Act and federal tax credits, partially offset by state taxes and stock-based compensation. On March 27, 2020, the U.S. government enacted tax legislation to provide economic stimulus and support businesses and individuals during the COVID-19 pandemic, referred to as the CARES Act. In connection with the CARES Act, the Company recorded net discrete income tax benefits of $4.3 million in first quarter of 2020 associated with the additional deductibility of certain expenses combined with provisions which enable companies to carry back tax losses to years prior to the enactment of the Tax Cuts and Jobs Act (“Tax Reform”), when the federal statutory income tax rate was 35%. Additional tax benefits of $5.0 million were recognized related to the CARES Act in the remainder of 2020. In the first quarter of 2021, the Company received tax refunds totaling $25.7 million related to the amended prior year returns.

Income Taxes

4 Months Ended

Apr. 24, 2021

Note 9 – Income Taxes

The effective income tax rate was 24.6% and 0.2% for the 16 weeks ended April 24, 2021 and April 18, 2020, respectively. The differences from the federal statutory rate in the current year were primarily due to state taxes, partially offset by federal tax credits. In the prior year, the difference from the federal statutory rate was primarily the result of the Coronavirus Aid, Relief and Economic Security (“CARES”) Act and federal tax credits, partially offset by state taxes and stock-based compensation.

On March 27, 2020, the U.S. government enacted tax legislation to provide economic stimulus and support businesses and individuals during the COVID-19 pandemic, referred to as the CARES Act. In connection with the CARES Act, the Company recorded net discrete income tax benefits of $4.3 million in first quarter of 2020 associated with the additional deductibility of certain expenses combined with provisions which enable companies to carry back tax losses to years prior to the enactment of the Tax Cuts and Jobs Act (“Tax Reform”), when the federal statutory income tax rate was 35%. Additional tax benefits of $5.0 million were recognized related to the CARES Act in the remainder of 2020. In the first quarter of 2021, the Company received tax refunds totaling $25.7 million related to the amended prior year returns.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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