Income Taxes (Tables)
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12 Months Ended |
Dec. 30, 2023 |
| Income Tax Disclosure [Abstract] |
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| Provision For Income Taxes, Current And Deferred |
Provision for income taxes consisted of the following: | | | | | | | | | | | | | | | | | | | Current | | Deferred | | Total | | 2023 | | | | | | | Federal | $ | 20,363 | | | $ | (36,935) | | | $ | (16,572) | | | State | 6,137 | | | (11,321) | | | (5,184) | | | Foreign | 23,394 | | | 474 | | | 23,868 | | | $ | 49,894 | | | $ | (47,782) | | | $ | 2,112 | | | 2022 | | | | | | | Federal | $ | 81,564 | | | $ | 12,609 | | | $ | 94,173 | | | State | 15,902 | | | 5,546 | | | 21,448 | | | Foreign | 25,966 | | | (1,627) | | | 24,339 | | | $ | 123,432 | | | $ | 16,528 | | | $ | 139,960 | | | 2021 | | | | | | | Federal | $ | 83,979 | | | $ | 47,558 | | | $ | 131,537 | | | State | 22,927 | | | 10,240 | | | 33,167 | | | Foreign | 20,186 | | | 988 | | | 21,174 | | | $ | 127,092 | | | $ | 58,786 | | | $ | 185,878 | |
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| Schedule Of Effective Income Tax Rate Reconciliation |
The provision for income taxes differed from the amount computed by applying the federal statutory income tax rate due to: | | | | | | | | | | | | | | | | | | | Year Ended | | December 30, 2023 | | December 31, 2022 | | January 1, 2022 | Income before provision for income taxes at statutory U.S. federal income tax rate (21% for 2023, 2022 and 2021) | $ | 6,689 | | | $ | 126,730 | | | $ | 163,965 | | State income taxes, net of federal income tax | (4,962) | | | 16,222 | | | 27,517 | | | | | | | | | Other, net | 385 | | | (2,992) | | | (5,604) | | | Provision for income taxes | $ | 2,112 | | | $ | 139,960 | | | $ | 185,878 | |
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| Schedule Of Deferred Tax Assets and Liabilities |
Temporary differences that give rise to significant deferred income tax assets (liabilities) were as follows: | | | | | | | | | | | | | December 30, 2023 | | December 31, 2022 | | Deferred income tax assets: | | | | | Accrued expenses not currently deductible for tax | $ | 22,377 | | | $ | 19,589 | | | Share-based compensation | 10,698 | | | 12,642 | | | Accrued medical and workers compensation | 9,704 | | | 13,666 | | | Net operating loss carryforwards | 3,273 | | | 3,577 | | | Operating lease liabilities | 670,030 | | | 678,432 | | | Other, net | 13,602 | | | 9,291 | | | Total deferred income tax assets before valuation allowances | 729,684 | | | 737,197 | | | Less: Valuation allowance | (5,179) | | | (5,036) | | | Total deferred income tax assets | 724,505 | | | 732,161 | | | Deferred income tax liabilities: | | | | | Property and equipment | (91,084) | | | (125,651) | | | Inventories | (219,446) | | | (226,499) | | | Intangible assets | (136,366) | | | (137,464) | | | Operating lease right-of-use assets | (640,151) | | | (653,296) | | | Total deferred income tax liabilities | (1,087,047) | | | (1,142,910) | | | Net deferred income tax liabilities | $ | (362,542) | | | $ | (410,749) | |
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| Unrecognized Tax Benefits |
he following table summarizes the activity of our gross unrecognized tax benefits: | | | | | | | | | | | | | | | | | | | December 30, 2023 | | December 31, 2022 | | January 1, 2022 | | Unrecognized tax benefits, beginning of period | $ | 15,211 | | | $ | 20,979 | | | $ | 26,967 | | | Increases related to prior period tax positions | 245 | | | 75 | | | 484 | | | Decreases related to prior period tax positions | — | | | (261) | | | (849) | | | Increases related to current period tax positions | 563 | | | 928 | | | 2,240 | | | Settlements | — | | | (256) | | | (2,993) | | | Expiration of statute of limitations | (4,829) | | | (6,254) | | | (4,870) | | | Unrecognized tax benefits, end of period | $ | 11,190 | | | $ | 15,211 | | | $ | 20,979 | |
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