it is a chicken mushroom. Around here, we call chicken of the woods "sheepheads". They are the same type of mushroom, only they are brown colored. They are also solid and have that fringed/layered look. Neither have gills---they are both polypores. They also both grow on stumps or close to the bottom of trees or right on the ground at the base of trees.
Personally, I prefer the chicken or sulphur mushroom, but most people seem to like the chicken of the woods/sheephead. I think that it is the color of the chicken mushroom that turns some people off. It kinda creeped me out the first time too, but then again, I was willing to give it a try since the books said it was choice.