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Income Taxes (Tables) | 12 Months Ended
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Apr. 02, 2016
Income Tax Disclosure [Abstract] |
Provision (benefit) for income taxes | The provision for income taxes for fiscal years 2016, 2015 and 2014 were as follows (in thousands):
| Fiscal Year
| 2016 |  | 2015 |  | 2014
Current |  |  |  |  |
Federal | $ | 15,070 |  |  | $ | 8,277 |  |  | $ | 7,630 |
State | 1,350 |  |  | 882 |  |  | 913 |
Total current | 16,420 |  |  | 9,159 |  |  | 8,543 |
Deferred |  |  |  |  |
Federal | (987 | ) |  | 3,937 |  |  | 586 |
State | 54 |  |  | 414 |  |  | (30 | )
Total deferred | (933 | ) |  | 4,351 |  |  | 556 |
Total income tax provision | $ | 15,487 |  |  | $ | 13,510 |  |  | $ | 9,099 |
Reconciliations of income taxes | A reconciliation of income taxes computed by applying the expected federal statutory income tax rates of 35% for fiscal years 2016, 2015 and 2014 to income before income taxes to the total income tax provision reported in the Consolidated Statements of Comprehensive Income is as follows (in thousands):
| Fiscal Year
| 2016 |  | 2015 |  | 2014
Federal income tax at statutory rate | $ | 15,410 |  |  | $ | 13,065 |  |  | $ | 9,732 |
State income taxes, net of federal benefit | 1,427 |  |  | 1,104 |  |  | 849 |
Tax credits | (941 | ) |  | (374 | ) |  | (319 | )
Domestic production activities deduction | (889 | ) |  | (561 | ) |  | (783 | )
Change in deferred tax rate | (136 | ) |  | 92 |  |  | (557 | )
Other | 616 |  |  | 184 |  |  | 177 |
Total income tax provision | $ | 15,487 |  |  | $ | 13,510 |  |  | $ | 9,099 |
Net current deferred tax assets and net long-term deferred tax liabilities | Net current deferred tax assets and net long-term deferred tax liabilities were as follows (in thousands):
| April 2, 2016 |  | March 28, 2015
Net current deferred tax assets (liabilities) |  |  |
Warranty reserves | $ | 5,019 |  |  | $ | 3,714 |
Salaries and wages | 2,501 |  |  | 2,354 |
Inventory | 1,510 |  |  | 1,305 |
Prepaid expenses | (1,472 | ) |  | (774 | )
Deferred revenue | 1,206 |  |  | 1,132 |
Policy acquisition costs | (1,201 | ) |  | (1,136 | )
Other | 1,435 |  |  | 1,978 |
| $ | 8,998 |  |  | $ | 8,573 |
Net long-term deferred tax (liabilities) assets |  |  |
Goodwill | $ | (24,635 | ) |  | $ | (24,714 | )
Loan discount | 7,546 |  |  | 8,519 |
Property, plant, equipment and depreciation | (4,621 | ) |  | (4,970 | )
Stock based compensation | 2,784 |  |  | 2,648 |
Other intangibles | (2,418 | ) |  | (2,416 | )
Deferred margin | 1,562 |  |  | 1,117 |
Other | (829 | ) |  | (771 | )
| $ | (20,611 | ) |  | $ | (20,587 | )

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: 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 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: 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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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
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