XML 52 R21.htm IDEA: XBRL DOCUMENT v2.4.0.8
INCOME TAXES
6 Months Ended
Aug. 16, 2014
INCOME TAXES  
INCOME TAXES

12.  INCOME TAXES

 

The effective income tax rate was 34.2% in the second quarter of 2014, compared to 35.5% for the second quarter of 2013.  The effective income tax rate was 34.7% for the first two quarters of 2014, compared to 35.5% for the first two quarters of 2013.  The effective income tax rate for the second quarter of 2014 and the first two quarters of 2014 differed from the federal statutory rate primarily due to the utilization of tax credits and deductions, partially offset by the effect of state income taxes. The effective income tax rate for the second quarter of 2013 and the first two quarters of 2013 differed from the federal statutory rate primarily due to the effect of state income taxes, partially offset by the utilization of tax credits and deductions.