Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The Company’s income tax provision consists of the following (in millions):

	Year Ended December 31,
	2014			2013			2012
Current:
Federal	$	22.0		$	18.7		$	16.2
State	3.1			2.4			2.5
Foreign	—			—			—
Total current tax provision	25.1			21.1			18.7
Deferred:
Federal	(0.6		)	2.8			2.5
State	(0.5		)	0.8			0.5
Foreign	(0.3		)	(0.3		)	(0.2		)
Total deferred tax (benefit) provision	(1.4		)	3.3			2.8
Total income tax provision	$	23.7		$	24.4		$	21.5

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the statutory federal income tax rate to the Company’s effective income tax rate and income tax provision is as follows (in millions):

	Year Ended December 31,
	2014					2013					2012
Federal income tax provision at the statutory rate	$	23.2		35.0	%	$	23.1		35.0	%	$	19.4		35.0	%
Increase (decrease) resulting from:
State income taxes, net of federal benefit	2.3			3.5		2.5			3.9		2.3			4.2
Decrease in unrecognized tax benefits (inclusive of
related interest and penalty)	(0.9		)	(1.4	)	(0.4		)	(0.6	)	(0.2		)	(0.4	)
Effect of foreign operations	(0.3		)	(0.5	)	(0.3		)	(0.5	)	(0.2		)	(0.4	)
Non-deductible acquisition costs	—			—		—			—		0.2			0.4
Tax credits and other, net	(0.6		)	(0.9	)	(0.5		)	(0.8	)	—			—
Income tax provision	$	23.7		35.7	%	$	24.4		37.0	%	$	21.5		38.8	%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of significant temporary differences which comprise deferred tax assets and liabilities are as follows (in millions):

	December 31, 2014			December 31, 2013
Deferred tax assets:
Employee benefits, including post-retirement benefits	$	12.4		$	11.3
Trade and other receivables	4.1			3.6
Goodwill and intangibles	2.6			2.8
Self-insurance reserves	1.2			1.0
Other	3.7			3.6
Subtotal	24.0			22.3
Less: valuation allowance	(0.1		)	(0.1		)
Net deferred tax assets	$	23.9		$	22.2
Deferred tax liabilities:
Inventories	$	1.3		$	5.4
Property and equipment	22.6			19.1
Goodwill and intangibles	6.5			7.1
Other	1.6			1.7
Total deferred tax liabilities	$	32.0		$	33.3
Total net deferred tax liabilities	$	(8.1	)	$	(11.1	)
Net current deferred tax assets	8.1			2.3
Net non-current deferred tax liabilities	$	(16.2	)	$	(13.4	)

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amounts of unrecognized tax benefits for 2014, 2013 and 2012 is as follows (in millions):

	Year Ended December 31,
	2014			2013			2012
Balance at beginning of year	$	0.6		$	1.6		$	1.8
Increase in unrecognized tax benefits	—			0.2			—
Lapse of statute of limitations	(0.2		)	(0.2		)	(0.2		)
Settlement(1)	—			(1.0		)	—
Balance at end of year	$	0.4		$	0.6		$	1.6

____________________________________________

(1) Relates to the settlement in 2013 of certain pre-acquisition tax liabilities which were reimbursed by the former owners of Forrest City Grocery Company.