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Income Taxes | 12 Months Ended
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Dec. 31, 2016
Income Tax Disclosure [Abstract] |
Income Taxes | Income Taxes The provision (benefit) for income taxes consists of the following:
| Years Ending December 31,
| 2016 |  | 2015 |  | 2014
| (in thousands)
Current | $ | 25,790 |  |  | $ | 24,439 |  |  | $ | 26,199 |
Deferred | 825 |  |  | 1,172 |  |  | (2,111 | )
Total | $ | 26,615 |  |  | $ | 25,611 |  |  | $ | 24,088 |
The provision for income taxes differs from the amount computed by applying the statutory federal income tax rate before the provision for income taxes. The reconciliation of the federal statutory income tax rate to the effective income tax rate is as follows:
| Years Ending December 31,
| 2016 |  | 2015 |  | 2014
Federal statutory rate | 35 | % |  | 35 | % |  | 35 | %
State income taxes, net of federal benefit | 5 | % |  | 5 | % |  | 5 | %
Domestic manufacturing deduction | (3 | )% |  | (3 | )% |  | (4 | )%
Excess tax benefits | (3 | )% |  | — | % |  | — | %
Other | (1 | )% |  | (1 | )% |  | (1 | )%
| 33 | % |  | 36 | % |  | 35 | %
As discussed in Note 11, the Company early adopted ASU 2016-09, Improvements to Employee Share-Based Payment Accounting, applying the changes for excess tax benefits and tax deficiencies prospectively. As a result, excess tax benefits and deficiencies are reported as an income tax benefit or expense on the statement of income rather than as a component of additional paid-in capital on the statement of equity. Excess tax benefits and deficiencies are treated as discrete items to the income tax provision in the reporting period in which they occur and are noted in the above table. Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amount used for income tax purposes. The significant components of the Company’s deferred tax assets and liabilities are as follows:
| December 31,
| 2016 |  | 2015
| (in thousands)
Deferred income tax assets (liabilities): |  |  |
Accounts receivable and inventory reserves | $ | 587 |  |  | $ | 351 |
Warranty accrual | 3,165 |  |  | 3,405 |
Other accruals | 1,715 |  |  | 1,248 |
Share-based compensation | 1,784 |  |  | 1,099 |
Donations | 463 |  |  | 691 |
Other, net | 738 |  |  | 986 |
Total deferred income tax assets | 8,452 |  |  | 7,780 |
Property & equipment | (17,983 | ) |  | (16,486 | )
Total deferred income tax liabilities | $ | (17,983 | ) |  | $ | (16,486 | )
Net deferred income tax liabilities | $ | (9,531 | ) |  | $ | (8,706 | )
We file income tax returns in the U.S., state and foreign income tax returns jurisdictions. We are subject to U.S. examinations for tax years 2012 to present, and to non-U.S. income tax examinations for the tax years of 2012 to present. In addition, we are subject to state and local income tax examinations for the tax years 2012 to present. The Company continues to evaluate its need to file returns in various state jurisdictions. Any interest or penalties would be recognized as a component of income tax expense.

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- 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
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