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Income Taxes
3 Months Ended
Mar. 26, 2019
Income Taxes  
Income Taxes

(5) Income Taxes

 

A reconciliation of the statutory federal income tax rate to our effective tax rate for the 13 weeks ended March 26, 2019 and March 27, 2018 is as follows:

 

 

 

 

 

 

 

 

 

13 Weeks Ended

   

 

   

March 26, 2019

   

March 27, 2018

   

Tax at statutory federal rate

 

21.0

%  

21.0

%  

State and local tax, net of federal benefit

 

3.6

 

4.0

 

FICA tip tax credit

 

(9.4)

 

(9.5)

 

Work opportunity tax credit

 

(1.4)

 

(1.1)

 

Stock compensation

 

(0.5)

 

(2.1)

 

Net income attributable to noncontrolling interests

 

(0.5)

 

(1.1)

 

Officers compensation

 

1.4

 

0.9

 

Other

 

0.7

 

0.9

 

Total

 

14.9

%  

13.0

%  

 

Our effective tax rate increased to 14.9% for the 13 weeks ended March 26, 2019 compared to 13.0% for the 13 weeks ended March 27, 2018.  This increase was primarily driven by lower excess tax benefits related to our share-based compensation program.