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Income Taxes
6 Months Ended
Nov. 01, 2014
Income Taxes

(9) Income Taxes

The Company recorded an income tax provision of $760 on a pre-tax income of $13,058 during the 13 weeks ended November 1, 2014, which represented an effective income tax rate of 5.8%. The Company recorded an income tax provision of $1,201 on pre-tax income of $14,430 during the 13 weeks ended October 26, 2013, which represented an effective income tax rate of 8.3%.

The Company recorded an income tax provision of $2,571 on a pre-tax loss of $13,580 during the 26 weeks ended November 1, 2014, which represented an effective income tax rate of (18.9)%. The Company recorded an income tax provision of $16,727 on pre-tax loss of $57,066 during the 26 weeks ended October 26, 2013, which represented an effective income tax rate of (29.3)%.

The income tax provisions for the 13 and 26 weeks ended November 1, 2014 do not include income tax benefits on losses incurred by certain domestic operations because the Company previously recorded (and continues to maintain) valuation allowance against the associated deferred assets. The income tax provision is principally comprised of the result of the activities of profitable jurisdictions at November 1, 2014. The income tax provision for the 13 and 26 weeks ended October 26, 2013 reflected the Company’s change in judgment regarding the realizability of certain deferred assets and the liability for operations in profitable jurisdictions. The Company’s pre-tax income and tax rate in profitable jurisdictions, where it records tax provisions, is lower than the Federal statutory tax rate of 35.0%.