Note 9 - Income Taxes (Tables)

12 Months Ended

Jun. 06, 2017

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	2017			2016			2015
Current:
Federal	$	(1,912	)	$	(1,138	)	$	1,714
State		154			289			(48	)
Foreign		42			118			118
		(1,716	)		(731	)		1,784
Deferred:
Federal		–			(1,449	)		(3,254	)
State		–			–			(441	)
		–			(1,449	)		(3,695	)
Total benefit for income taxes	$	(1,716	)	$	(2,180	)	$	(1,911	)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	2017			2016
Deferred tax assets:
General business credits carryforward	$	88,087		$	70,424
Employee benefits		21,227			22,420
Deferred escalating minimum rents		17,500			20,803
Federal net operating loss		19,664			–
State net operating losses		13,318			9,807
Insurance reserves		5,253			5,896
Goodwill		4,448			5,033
Deferred gain on sale-leaseback transactions		4,284			4,728
Closed restaurant lease reserves		6,265			2,520
Other		7,423			7,761
Gross deferred tax assets		187,469			149,392
Deferred tax asset valuation allowances		(135,894	)		(89,933	)
Net deferred tax assets		51,575			59,459
Deferred tax liabilities:
Depreciable property and equipment		(43,665	)		(48,367	)
Other		(7,910	)		(11,092	)
Total deferred tax liabilities		(51,575	)		(59,459	)
Net deferred tax liability	$	–		$	–

Summary of Valuation Allowance [Table Text Block]

	2017			2016			2015
Beginning of fiscal year	$	(89,933	)	$	(62,799	)	$	(54,582	)
Changes in estimated realization of deferred tax assets:
Continuing operations		(49,219	)		(28,192	)		(9,138	)
Other reductions		3,258			1,058			921
End of fiscal year	$	(135,894	)	$	(89,933	)	$	(62,799	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2017			2016			2015
Statutory federal income taxes	$	(37,750	)	$	(18,502	)	$	(1,787	)
State income taxes, net of federal income tax benefit		(4,795	)		(2,926	)		(711	)
FICA tip credit		(6,070	)		(7,071	)		(7,280	)
Work opportunity tax credit		(1,833	)		(1,389	)		(1,899	)
Increase in valuation allowance		49,219			28,192			9,138
Permanent differences		(1,123	)		319			528
Other, net		636			(803	)		100
Total benefit for income taxes	$	(1,716	)	$	(2,180	)	$	(1,911	)

Summary of Income Tax Contingencies [Table Text Block]

	2017			2016
Beginning of fiscal year	$	4,548		$	3,870
Additions for tax positions related to the current year		532			725
Reductions for tax positions related to the current year		(127	)		(113	)
Additions for tax positions of prior years		164			868
Reductions for tax positions of prior years		(228	)		(150	)
Reductions for settlements with taxing authorities		(779	)		–
Reductions due to statute settlements		(220	)		(652	)
End of fiscal year	$	3,890		$	4,548