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Income Taxes
3 Months Ended
Jul. 24, 2015
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes
The provision for income taxes is based on a current estimate of the annual effective income tax rate adjusted to reflect the impact of discrete items. The Company’s effective income tax rate was 24.3% for the three months ended July 24, 2015, as compared to a 34.5% benefit for the corresponding period a year ago. The decrease in tax rate for the three months ended July 24, 2015, was driven primarily by discrete items booked in the first quarter related to interest received on refunds from amended tax returns filed, uncertain tax positions and equity compensation, plus the impact of yearly variances in the forecasted annual rate related to wage credits, officers' life insurance and the domestic production activities deduction.