XML 51 R36.htm IDEA: XBRL DOCUMENT v3.6.0.2
Income Taxes (Details) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Current:      
Federal $ (513,000) $ (972,000) $ (503,000)
State (155,000) (378,000) (182,000)
Current income tax expense (benefit) (668,000) (1,350,000) (685,000)
Deferred:      
Federal 34,000 423,000 623,000
State 2,000 85,000 100,000
Deferred income taxes 36,000 508,000 723,000
Total      
Total income tax (expense) benefit $ (632,000) $ (842,000) $ 38,000
Reconciliation of the effective income tax rate with the applicable statutory federal income tax rate      
Federal tax at statutory rate (as a percent) 34.00% 34.00% 34.00%
State taxes, net of federal benefit (as a percent) 6.00% 6.00% (3.70%)
Non-deductible stock based compensation (as a percent) 8.40% 6.30% (24.80%)
Federal tax credit for payroll tax on employee tips (4.70%) (14.60%)  
Other (as a percent) 0.90% (0.70%) (0.40%)
Effective income tax rate (as a percent) 44.60% 31.00% 5.10%
Deferred income tax assets:      
Point loyalty program $ 656,000 $ 660,000  
Accrued expenses 4,077,000 3,901,000  
Net operating loss carry-forwards   91,000  
Federal tax credit for payroll tax on employee tips 96,000 132,000  
Other 236,000 297,000  
Total deferred income tax assets 5,065,000 5,081,000  
Valuation allowance   (91,000)  
Net deferred income tax assets 5,065,000 4,990,000  
Deferred income tax liabilities:      
Depreciation - property and equipment (3,045,000) (3,200,000)  
Total deferred income tax liabilities (3,045,000) (3,200,000)  
Net deferred income tax assets 2,020,000 1,790,000  
Amounts recognized in the consolidated balance sheet:      
Current deferred income tax assets   1,308,000  
Noncurrent deferred income tax assets 2,020,000 482,000  
Net deferred income tax assets $ 2,020,000 $ 1,790,000