14.

Income Taxes

The Company recorded an income tax benefit of $10,817 on a pre-tax loss of $31,226 during the 13 weeks ended October 29, 2016, which represented an effective income tax rate of 34.6%. The Company recorded an income tax benefit of $30,694 on pre-tax loss of $57,897 during the 13 weeks ended October 31, 2015, which represented an effective income tax rate of 53.0%.

The Company recorded an income tax benefit of $19,419 on a pre-tax loss of $54,244 during the 26 weeks ended October 29, 2016, which represented an effective income tax rate of 35.8%. The Company recorded an income tax benefit of $31,547 on pre-tax loss of $66,501 during the 26 weeks ended October 31, 2015, which represented an effective income tax rate of 47.4%.

The income tax benefits for the 13 and 26 weeks ended October 29, 2016 and October 31, 2015, respectively, differs from the statutory rate due to the impact of permanent items such as meals and entertainment, non-deductible executive compensation, tax credits, changes in uncertain tax positions and the impact of return to provision adjustments and state income taxes, net of federal benefit. The Company continues to maintain a valuation allowance against certain state items.