Income Taxes

The following table summarizes the Company’s income tax expense and effective tax rates for the thirteen weeks ended May 2, 2015 and May 3, 2014 (in thousands):



	Thirteen Weeks Ended
	May 2, 2015			May 3, 2014
Income before income taxes	$	7,012		$	4,946
Income tax expense	$	2,734		$	1,866
Effective tax rate	39.0		%	37.7		%

The effective tax rates for the thirteen weeks ended May 2, 2015 and May 3, 2014 were based on the Company’s forecasted annualized effective tax rates and were adjusted for discrete items that occurred within the periods presented. The effective tax rate for the thirteen weeks ended May 2, 2015 is being impacted by changes in state tax rates.

The Company had no material accrual for uncertain tax positions or interest or penalties related to income taxes on the Company’s balance sheets as of May 2, 2015, January 31, 2015, or May 3, 2014 and has not recognized any material uncertain tax positions or interest and/or penalties related to income taxes in the consolidated statements of operations for the thirteen weeks ended May 2, 2015 or May 3, 2014.

The Company files a federal income tax return as well as state tax returns. The Company’s U.S. federal income tax returns for the fiscal years ended January 30, 2011 and thereafter remain subject to examination by the U.S. Internal Revenue Service (“IRS”). State returns are filed in various state jurisdictions, as appropriate, with varying statutes of limitation and remain subject to examination for varying periods up to 3 to 4 years depending on the state.