Income Taxes	3 Months Ended
Apr. 25, 2020
Income Taxes
Income Taxes	10. Income Taxes On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES” Act) was signed into law in the U.S. to provide certain relief as a result of the COVID-19 pandemic. The CARES Act includes, among other things, U.S. corporate tax provisions related to the deferment of employer social security payments, net operating loss carryback periods, alternate minimum tax credits, modifications to interest deduction limitations and technical corrections on tax depreciation methods for qualified improvement property. During the thirteen weeks ended April 25, 2020, we recognized an income tax benefit of $5.2 million from a tax loss carryback under the CARES Act. The Company will continue to evaluate the impact of the CARES Act on its financial position, results of operations and cash flows. Our effective tax rate for the thirteen weeks ended April 25, 2020 was 5.3% compared to 23.4% for the thirteen weeks ended April 27, 2019. The effective tax rate for the thirteen weeks ended April 25, 2020 differs from the federal statutory rate due to the goodwill impairment charge that was non-deductible for income tax purposes, the income tax benefit of $5.2 million from a tax loss carryback under the CARES Act and to a lesser extent the impact of state and local income taxes. The effective tax rate for the thirteen weeks ended April 27, 2019 differs from the federal statutory rate primarily due to the impact of state and local income taxes.

Income Taxes

3 Months Ended

Apr. 25, 2020

10. Income Taxes

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES” Act) was signed into law in the U.S. to provide certain relief as a result of the COVID-19 pandemic. The CARES Act includes, among other things, U.S. corporate tax provisions related to the deferment of employer social security payments, net operating loss carryback periods, alternate minimum tax credits, modifications to interest deduction limitations and technical corrections on tax depreciation methods for qualified improvement property. During the thirteen weeks ended April 25, 2020, we recognized an income tax benefit of $5.2 million from a tax loss carryback under the CARES Act. The Company will continue to evaluate the impact of the CARES Act on its financial position, results of operations and cash flows.

Our effective tax rate for the thirteen weeks ended April 25, 2020 was 5.3% compared to 23.4% for the thirteen weeks ended April 27, 2019. The effective tax rate for the thirteen weeks ended April 25, 2020 differs from the federal statutory rate due to the goodwill impairment charge that was non-deductible for income tax purposes, the income tax benefit of $5.2 million from a tax loss carryback under the CARES Act and to a lesser extent the impact of state and local income taxes. The effective tax rate for the thirteen weeks ended April 27, 2019 differs from the federal statutory rate primarily due to the impact of state and local income taxes.