Income Taxes (Tables)

12 Months Ended

Apr. 24, 2015

Income Tax Disclosure [Abstract]

Deferred Tax Assets and Liabilities

Significant components of our deferred tax liabilities and assets as of April 24, 2015, and April 25, 2014, were as follows:

(in thousands)	April 24, 2015			April 25, 2014
Deferred tax assets:
Self-insurance	$	6,357		$	6,222
Stock and deferred compensation plans	16,857			15,405
Deferred proceeds on Mimi’s Café sale	4,263			4,874
State net operating loss carry forward	2,586			3,983
Credit carryforwards	13			3,620
Legal Reserve	2,791			248
Inventory	2,582			2,690
Other	6,772			5,994
Total deferred tax assets before valuation allowances	$	42,221		$	43,036
Valuation allowance	(241		)	(771		)
Net deferred tax assets	$	41,980		$	42,265
Deferred tax liabilities:
Property, plant and equipment	$	40,054		$	54,331
Other	1,307			2,107
Total deferred tax liabilities	$	41,361		$	56,438
Net deferred tax assets (liabilities)	$	619		$	(14,173	)

Provisions for Income Taxes from Continuing Operations

Significant components of the provision (benefit) for income taxes are as follows:

(in thousands)	2015			2014			2013
Current:
Federal	$	8,021		$	7,734		$	(2,602	)
State	(746		)	(1,236		)	3,772
Total current	$	7,275		$	6,498		$	1,170
Deferred:
Federal	$	(15,243	)	$	(6,769	)	$	583
State	452			414			(7,837		)
Total deferred	$	(14,791	)	$	(6,355	)	$	(7,254	)
Total tax provision (benefit)	$	(7,516	)	$	143		$	(6,084	)

Effective Income Tax Rate Reconciliation

Our provision (benefit) for income taxes differs from the amounts computed by applying the federal statutory rate due to the following:

	2015		2014		2013
Statutory Federal Tax Rate	35.0	%	35.0	%	35.0	%
State income tax (benefit) — net	0.5		1.5		(2.5	)
Federal tax credits	(72.4	)	(17.0	)	(6.0	)
Domestic Production Activity Deduction	(29.2	)	(8.7	)	—
Worthless stock	—		(1.9	)	(30.1	)
Officers life insurance	(6.9	)	(2.6	)	(1.4	)
Charitable Contributions	(4.5	)	(1.0	)	(0.4	)
Settlements with state taxing authorities	—		(4.0	)	—
State and Local Tax Reserves	(5.8	)	(0.3	)	(1.3	)
Other	0.1		(0.5	)	(1.3	)
Provision (benefit) for income taxes	(83.2	)%	0.5	%	(8.0	)%

Unrecognized Tax Benefits Reconciliation

The following table summarizes activity of the total amounts of unrecognized tax benefits:

(in thousands)	2015			2014			2013
Balance at beginning of fiscal year	$	5,952		$	9,554		$	11,045
Additions based on tax positions related to the current year	63			31			366
Additions for tax positions of prior years	551			1,004			123
Reductions for tax positions of prior years	(284		)	(25		)	(271		)
Reductions due to settlements with taxing authorities	(672		)	(1,423		)	(799		)
Reductions due to statute of limitations expiration	(408		)	(3,189		)	(910		)
Balance at end of fiscal year	$	5,202		$	5,952		$	9,554