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Income Taxes	9 Months Ended
Oct. 03, 2020
Income Tax Disclosure [Abstract]
Income Taxes	18. INCOME TAXES The company’s effective tax rate for the twelve weeks ended October 3, 2020 was 22.8% compared to 22.3% for the twelve weeks ended October 5, 2019. The increase in the rate was primarily due to higher favorable discrete benefits in the prior year. During the twelve weeks ended October 3, 2020, the primary differences in the effective rate and the statutory rate were state income taxes, recognition of state credits, and adjustments to prior year estimates that impact the effective tax rate in the current quarter. The company’s effective tax rate for the forty weeks ended October 3, 2020 was 23.5% compared to 23.0% for the forty weeks ended October 5, 2019. The increase in the rate from the prior period was primarily due to reduced windfalls on stock-based compensation and reduced favorable discrete benefits in the current period. During the forty weeks ended October 3, 2020, the primary differences in the effective rate and the statutory rate were state income taxes and discrete items. During the forty weeks ended October 3, 2020, the company’s activity with respect to its uncertain tax positions and related interest expense accrual was not significant to the Condensed Consolidated Financial Statements. As of October 3, 2020, we do not anticipate significant changes to the amount of gross unrecognized tax benefits over the next twelve months.

Income Taxes

9 Months Ended

Oct. 03, 2020

18. INCOME TAXES

The company’s effective tax rate for the twelve weeks ended October 3, 2020 was 22.8% compared to 22.3% for the twelve weeks ended October 5, 2019. The increase in the rate was primarily due to higher favorable discrete benefits in the prior year. During the twelve weeks ended October 3, 2020, the primary differences in the effective rate and the statutory rate were state income taxes, recognition of state credits, and adjustments to prior year estimates that impact the effective tax rate in the current quarter.

The company’s effective tax rate for the forty weeks ended October 3, 2020 was 23.5% compared to 23.0% for the forty weeks ended October 5, 2019. The increase in the rate from the prior period was primarily due to reduced windfalls on stock-based compensation and reduced favorable discrete benefits in the current period. During the forty weeks ended October 3, 2020, the primary differences in the effective rate and the statutory rate were state income taxes and discrete items.

During the forty weeks ended October 3, 2020, the company’s activity with respect to its uncertain tax positions and related interest expense accrual was not significant to the Condensed Consolidated Financial Statements. As of October 3, 2020, we do not anticipate significant changes to the amount of gross unrecognized tax benefits over the next twelve months.

- 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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