Income Taxes |
6 Months Ended |
|---|---|
Jul. 01, 2023 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income TaxesThe Company recorded an income tax benefit from continuing operations of approximately $17,000 and $0 for the 13 weeks ended July 1, 2023 and July 2, 2022, respectively, and an income tax benefit from discontinued operations of approximately $43,000 and an income tax expense of $4,000 for the 13 weeks ended July 1, 2023 and July 2, 2022, respectively. The Company recorded an income tax benefit from continuing operations of approximately $244,000 and $0 for the 26 weeks ended July 1, 2023 and July 2, 2022, respectively, and an income tax expense from discontinued operations of approximately $3.2 million and $7,000 for the 26 weeks ended July 1, 2023 and July 2, 2022, respectively. The Company’s overall effective tax rate was 29.5% and 0.05% for the 26 weeks ended July 1, 2023 and July 2, 2022, respectively. The effective tax rates and related provisional tax amounts vary from the U.S. federal statutory rate primarily due to state taxes and certain non-deductible expenses. |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|