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Income Taxes
6 Months Ended
Nov. 27, 2011
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes
The effective income tax rate for the quarter and six months ended November 27, 2011 was 25.4 percent and 26.7 percent, respectively, compared to an effective income tax rate of 26.6 percent and 27.9 percent for the quarter and six months ended November 28, 2010, respectively. The decrease in the effective income tax rate during the second quarter and the first six months of fiscal 2012 is primarily attributable to an increase in federal income tax credits related to the Hiring Incentives to Restore Employment (HIRE) Act and an increase in the impact of FICA tax credits for employee reported tips due to a decrease in our earnings before income taxes, partially offset by the impact of market-driven changes in the value of our trust-owned life insurance that are excluded for tax purposes.
Included in our remaining balance of unrecognized tax benefits is $0.6 million related to tax positions for which it is reasonably possible that the total amounts could change within the next twelve months based on the outcome of examinations or as a result of the expiration of the statute of limitations for specific jurisdictions.