Income Taxes (Tables)

12 Months Ended

Dec. 25, 2019

Income Tax Disclosure [Abstract]

Schedule of Provision for Income Taxes

The provision (benefit) for income taxes is based on the following components (in thousands):

For the Years Ended	December 25, 2019		December 26, 2018			December 27, 2017
Current income taxes:
Federal	$	—	$	—		$	—
State	104		220			250
Total current	104		220			250
Deferred income taxes:
Federal	5,991		(3,526		)	1,495
State	3,587		98			192
Total deferred	9,578		(3,428		)	1,687
Adjustment to deferred taxes for tax rate change	—		—			(1,440		)
Tax provision (benefit) for income taxes	$	9,682	$	(3,208	)	$	497

Schedule of Effective Income Tax rate

The provision for income taxes differs from the amount computed by applying the federal income tax rate of 21.0% for both fiscal 2019 and 2018 and 35.0% for fiscal 2017 as follows:

For the Years Ended	December 25, 2019		December 26, 2018		December 27, 2017
Statutory federal income tax rate applied to    earnings before income taxes and extraordinary items	21.0	%	21.0	%	35.0	%
State tax benefit (net of federal benefit)	6.0		5.0		0.6
Change in valuation allowance	2.4		(6.9	)	10.9
TRA expense	—		1.3		(21.4	)
Revaluation of deferred taxes	—		—		(15.8	)
WOTC Credit	(0.8	)	3.3		(2.5	)
Stock option exercises	(1.0	)	2.1		—
Other	0.3		0.5		(1.3	)
Total	27.9	%	26.3	%	5.5	%

Schedule of Deferred Tax Assets and Liabilities

The Company’s deferred tax assets and liabilities as of December 25, 2019 and December 26, 2018 are summarized below. The balances reflect the revaluation for the reduction in the Federal corporate rate to 21.0%.

	December 25, 2019			December 26, 2018
Deferred assets:
Capital leases	$	31		$	53
Accrued vacation	454			456
Accrued legal	4,434			10,343
Deferred rent	—			3,788
Accrued workers’ compensation	1,090			1,660
Enterprise zone and other credits	10,442			13,001
Net operating losses	1,814			6,260
Fixed assets	2,955			3,374
ROU assets	57,931			—
Other	4,698			5,239
Total deferred tax assets	83,849			44,174
Valuation allowance	(5,993		)	(5,149		)
Net deferred tax assets	77,856			39,025
Deferred liabilities:
Goodwill	(6,060		)	(6,229		)
Trademark	(16,745		)	(17,654		)
Prepaid expense	(791		)	(528		)
ROU liabilities	(52,056		)	—
Other	(167		)	(2,905		)
Deferred tax liabilities	(75,819		)	(27,316		)
Net deferred tax asset	$	2,037		$	11,709