Income Taxes	6 Months Ended
Jul. 11, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Note 10 – Income Taxes The effective income tax rate was 6.3% and 30.3% for the 12 weeks ended July 11, 2020 and July 13, 2019, respectively. The effective income tax rate was 4.3% and -72.5% for the 28 weeks ended July 11, 2020 and July 13, 2019, respectively. The difference from the federal statutory rate in the current year was primarily the result of the Coronavirus Aid, Relief and Economic Security (“CARES”) Act, and related tax planning, as well as federal tax credits, partially offset by state taxes and stock-based compensation. In the prior year, the difference from the federal statutory rate was primarily due to significant discrete book losses and impairments with corresponding tax effects which occurred during the quarter and changed the year-to-date tax rate. On March 27, 2020, the U.S. government enacted tax legislation to provide economic stimulus and support businesses and individuals during the COVID-19 pandemic, referred to as the CARES Act. In connection with initial analysis of the impact of the CARES Act, the Company recorded a net discrete income tax benefit of $4.3 million during the first quarter of 2020, associated with the additional deductibility of certain expenses combined with provisions which enable companies to carry back tax losses to years prior to the enactment of the Tax Cuts and Jobs Act (“Tax Reform”), where the federal statutory income tax rate was 35%. Further analysis of the timing of the deduction of certain expenses, which may also be carried back to years prior to Tax Reform, resulted in recording an additional discrete income tax benefit of $5.2 million in the second quarter of 2020.

Income Taxes

6 Months Ended

Jul. 11, 2020

Note 10 – Income Taxes

The effective income tax rate was 6.3% and 30.3% for the 12 weeks ended July 11, 2020 and July 13, 2019, respectively. The effective income tax rate was 4.3% and -72.5% for the 28 weeks ended July 11, 2020 and July 13, 2019, respectively. The difference from the federal statutory rate in the current year was primarily the result of the Coronavirus Aid, Relief and Economic Security (“CARES”) Act, and related tax planning, as well as federal tax credits, partially offset by state taxes and stock-based compensation. In the prior year, the difference from the federal statutory rate was primarily due to significant discrete book losses and impairments with corresponding tax effects which occurred during the quarter and changed the year-to-date tax rate.

On March 27, 2020, the U.S. government enacted tax legislation to provide economic stimulus and support businesses and individuals during the COVID-19 pandemic, referred to as the CARES Act. In connection with initial analysis of the impact of the CARES Act, the Company recorded a net discrete income tax benefit of $4.3 million during the first quarter of 2020, associated with the additional deductibility of certain expenses combined with provisions which enable companies to carry back tax losses to years prior to the

enactment of the Tax Cuts and Jobs Act (“Tax Reform”), where the federal statutory income tax rate was 35%. Further analysis of the timing of the deduction of certain expenses, which may also be carried back to years prior to Tax Reform, resulted in recording an additional discrete income tax benefit of $5.2 million in the second quarter of 2020.