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Income Taxes (Tables)
12 Months Ended
Dec. 25, 2021
Income Taxes [Abstract]  
Schedule of Components of Income Tax Expense (Benefit)

(amounts in thousands)

    

2021

    

2020

    

2019

Current:

Federal

$

20,771

$

29,121

$

11,779

State

6,374

9,984

3,117

Deferred:

Federal

8,074

4,090

6,636

State

4,239

1,567

(871)

$

39,458

$

44,762

$

20,661

Schedule of Effective Income Tax Rate Reconciliation

(amounts in thousands)

    

2021

    

2020

    

2019

Income taxes at federal statutory rate

$

31,144

$

34,373

$

18,615

State income taxes, net of federal income tax benefit

6,207

7,261

1,333

Nondeductible employee-related expenses

2,530

2,223

1,974

Other

(423)

905

(1,261)

Provision for income taxes

$

39,458

$

44,762

$

20,661

Schedule of Deferred Tax Assets and Liabilities

(amounts in thousands)

    

2021

    

2020

Deferred tax assets:

Accounts receivable

$

951

$

659

Employment incentives

6,886

6,204

Self-insurance liability

9,324

8,515

Postretirement benefit obligations

7,412

6,527

Net operating loss and credit carryforwards

6,202

7,787

Unrecognized Tax Benefits

2,108

1,751

Other

1,830

1,407

Total deferred tax assets

34,713

32,850

Deferred tax liabilities:

Inventories

(16,038)

(13,407)

Unrealized gains on marketable securities

(2,177)

(3,059)

Prepaids

(6,365)

(5,993)

Nondeductible accruals and other

-

(332)

Depreciation

(125,220)

(113,463)

Total deferred tax liabilities

(149,800)

(136,254)

Net deferred tax liability

$

(115,087)

$

(103,404)

Schedule of Unrecognized Tax Benefits

(amounts in thousands)

    

2021

    

2020

Unrecognized tax benefits at beginning of year

$

8,337

$

6,612

Increases based on tax positions related to the current year

1,699

1,725

Additions for tax positions of prior year

Reductions for tax positions of prior years

Settlements

Expiration of the statute of limitations for assessment of taxes

Unrecognized tax benefits at end of year

$

10,036

$

8,337