XML 27 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
INCOME TAXES (Tables)
6 Months Ended
Jun. 30, 2013
INCOME TAXES  
Schedule of pre-tax earnings

 

(In thousands)
  Six Months
Ended
June 30, 2013
  Twenty-six Weeks
Ended
June 28, 2012
 
 
  (Successor)
  (Predecessor)
 

Income tax expense at the federal statutory rate

  $ 18,900   $ 7,950  

Effect of:

             

State income taxes

    1,800     905  

Permanent items

    100     1,150  

Change in FIN 48 Reserve

    —     600  

Out of period adjustment (See Note 1)

    5,520     —  

Valuation allowance

    (13,370 )   (9,700 )
           

Income tax expense

  $ 12,950   $ 905  
           

Effective income tax rate

    24.0 %   4.0 %