INCOME TAXES	9 Months Ended
Jul. 27, 2014
INCOME TAXES
INCOME TAXES	NOTE LINCOME TAXES The amount of unrecognized tax benefits, including interest and penalties, at July 27, 2014, recorded in other long-term liabilities was $26.0 million, of which $17.2 million would impact the Company’s effective tax rate if recognized. The Company includes accrued interest and penalties related to uncertain tax positions in income tax expense, with $(20) thousand and $0.3 million included in (income) expense in the third quarter and first nine months, respectively, of fiscal 2014. The amount of accrued interest and penalties at July 27, 2014, associated with unrecognized tax benefits was $3.3 million. The Company is regularly audited by federal and state taxing authorities. During fiscal year 2013, the I.R.S. concluded its examination of the Company’s consolidated federal income tax returns for the fiscal years 2010 and 2011; examinations have not yet begun for more recent fiscal years. The Company is in various stages of audit by several state taxing authorities on a variety of fiscal years, as far back as 2006. While it is reasonably possible that one or more of these audits may be completed within the next 12 months and that the related unrecognized tax benefits may change, based on the status of the examinations it is not possible to reasonably estimate the effect of any amount of such change to previously recorded uncertain tax positions. Over the next 12 months, the Company anticipates adopting changes to policies governing the release of unrecognized tax benefits. The adoption of such policies will result in a decrease to unrecognized tax benefits. However, prior to the adoption of such policies, it is not possible to reasonably estimate the effect of such a policy change on the amount of unrecognized tax benefits.

INCOME TAXES

9 Months Ended

Jul. 27, 2014

NOTE LINCOME TAXES

The amount of unrecognized tax benefits, including interest and penalties, at July 27, 2014, recorded in other long-term liabilities was $26.0 million, of which $17.2 million would impact the Company’s effective tax rate if recognized. The Company includes accrued interest and penalties related to uncertain tax positions in income tax expense, with $(20) thousand and $0.3 million included in (income) expense in the third quarter and first nine months, respectively, of fiscal 2014. The amount of accrued interest and penalties at July 27, 2014, associated with unrecognized tax benefits was $3.3 million.

The Company is regularly audited by federal and state taxing authorities. During fiscal year 2013, the I.R.S. concluded its examination of the Company’s consolidated federal income tax returns for the fiscal years 2010 and 2011; examinations have not yet begun for more recent fiscal years. The Company is in various stages of audit by several state taxing authorities on a variety of fiscal years, as far back as 2006. While it is reasonably possible that one or more of these audits may be completed within the next 12 months and that the related unrecognized tax benefits may change, based on the status of the examinations it is not possible to reasonably estimate the effect of any amount of such change to previously recorded uncertain tax positions. Over the next 12 months, the Company anticipates adopting changes to policies governing the release of unrecognized tax benefits. The adoption of such policies will result in a decrease to unrecognized tax benefits. However, prior to the adoption of such policies, it is not possible to reasonably estimate the effect of such a policy change on the amount of unrecognized tax benefits.