Income Taxes (Tables)

12 Months Ended

Dec. 28, 2014

Income Tax Disclosure [Abstract]

Significant Components of the Provision for Income Taxes

The following table presents the significant components of the provision for income taxes for 2014, 2013 and 2012.

	Fiscal Year
In Thousands	2014		2013			2012
Current:
Federal	$	13,153	$	18,938		$	12,871
State		2,163		3,221			1,880
Total current provision	$	15,316	$	22,159		$	14,751
Deferred:
Federal	$	3,638	$	(7,701	)	$	5,667
State		582		(2,316	)		1,471
Total deferred provision (benefit)	$	4,220	$	(10,017	)	$	7,138
Income tax expense	$	19,536	$	12,142		$	21,889

Reconciliation of Income Tax Expense at Statutory Federal Rate to Actual Income Tax Expense

The following table provides a reconciliation of income tax expense at the statutory federal rate to actual income tax expense.

	Fiscal Year
In Thousands	2014			2013			2012
Statutory expense	$	19,474		$	15,485		$	18,672
State income taxes, net of federal benefit		2,133			1,811			2,191
Noncontrolling interest — Piedmont		(1,835	)		(1,674	)		(1,694	)
Adjustment for uncertain tax positions		30			(167	)		761
Adjustment for state tax legislation		0			(2,261	)		0
Valuation allowance change		1,203			321			1,767
Capital loss carryover		(854	)		0			0
Manufacturing deduction benefit		(1,470	)		(1,995	)		(1,330	)
Meals and entertainment		1,204			1,127			1,184
Other, net		(349	)		(505	)		338
Income tax expense	$	19,536		$	12,142		$	21,889

Reconciliation of the Beginning and Ending Balances of the Total Amounts of Uncertain Tax Positions

A reconciliation of the beginning and ending balances of the total amounts of uncertain tax positions (excluding accrued interest) is as follows:

	Fiscal Year
In Thousands	2014			2013			2012
Gross uncertain tax positions at the beginning of the year	$	2,630		$	4,950		$	4,281
Increase as a result of tax positions taken during a prior period		0			55			315
Decrease as a result of tax positions taken during a prior period		0			(33	)		0
Increase as a result of tax positions taken in the current period		498			578			538
Reduction as a result of the expiration of the applicable statute of limitations		(508	)		(2,920	)		(184	)
Gross uncertain tax positions at the end of the year	$	2,620		$	2,630		$	4,950

Temporary Differences and Carryforwards that Comprised Deferred Income Tax Assets and Liabilities

Temporary differences and carryforwards that comprised deferred income tax assets and liabilities were as follows:

In Thousands	Dec. 28, 2014			Dec. 29, 2013
Intangible assets	$	139,744		$	122,608
Depreciation		77,311			69,905
Investment in Piedmont		42,271			42,071
Inventory		10,777			10,082
Prepaid expenses		4,237			4,357
Patronage dividend		4,361			4,046
Debt exchange premium		634			1,085
Other		161			446
Deferred income tax liabilities		279,496			254,600
Deferred compensation		(42,990	)		(40,152	)
Postretirement benefits		(26,783	)		(25,892	)
Pension (nonunion)		(25,951	)		(9,919	)
Sub-bottling liability		(18,084	)		0
Accrued liabilities		(16,049	)		(13,451	)
Capital lease agreements		(6,265	)		(6,201	)
Net operating loss carryforwards		(4,075	)		(5,372	)
Transactional costs		(3,584	)		(1,157	)
Pension (union)		(3,472	)		(3,606	)
Other		(54	)		(2	)
Deferred income tax assets		(147,307	)		(105,752	)
Valuation allowance for deferred tax assets		3,640			3,553
Net current deferred income tax asset		(4,171	)		(1,007	)
Net noncurrent deferred income tax liability	$	140,000		$	153,408