INCOME TAXES	4 Months Ended
May 20, 2017
INCOME TAXES
INCOME TAXES	9.INCOME TAXES The effective income tax rate was 33.3% and 33.5% for the first quarters of 2017 and 2016, respectively. The effective income tax rate for the first quarter of 2017 differed from the federal statutory rate 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 first quarter of 2016 differed from the federal statutory rate due to the adoption of ASU 2016-09, “Compensation-Stock Compensation (Topic 718)”.

INCOME TAXES

4 Months Ended

May 20, 2017

9.INCOME TAXES

The effective income tax rate was 33.3% and 33.5% for the first quarters of 2017 and 2016, respectively. The effective income tax rate for the first quarter of 2017 differed from the federal statutory rate 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 first quarter of 2016 differed from the federal statutory rate due to the adoption of ASU 2016-09, “Compensation-Stock Compensation (Topic 718)”.