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Income Taxes (Tables) | 12 Months Ended
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Mar. 28, 2021
Income Tax Disclosure [Abstract] |
Schedule of provisions for income taxes | The provisions for income taxes for fiscal 2021, 2020 and 2019 were as follows:
|  | 2021 |  | 2020 |  | 2019
(In thousands) |  |  |  |  |  |
Federal — current |  | $ | 11,169 |  |  | $ | 8,447 |  |  | $ | 6,956 |
State — current |  | 4,391 |  |  | 3,563 |  |  | 2,748 |
Total current |  | 15,560 |  |  | 12,010 |  |  | 9,704 |
Federal — deferred |  | (302) |  |  | (976) |  |  | (334) |
State — deferred |  | (387) |  |  | (445) |  |  | (273) |
Total deferred |  | (689) |  |  | (1,421) |  |  | (607) |
Total provision |  | $ | 14,871 |  |  | $ | 10,589 |  |  | $ | 9,097 |
Schedule of effective income tax rate reconciliation | Reconciliations of the provisions for income taxes to the applicable federal statutory income tax rate for fiscal 2021, 2020 and 2019 are listed below.
|  | 2021 |  | 2020 |  | 2019
Statutory federal income tax |  | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State income taxes, net of federal deduction |  | 5.9 | % |  | 5.7 | % |  | 5.8 | %
ESOP dividend deduction on allocated shares |  | (0.2) | % |  | (0.3) | % |  | (0.3) | %
Other — net |  | (0.1) | % |  | 0.8 | % |  | 0.6 | %
Total |  | 26.6 | % |  | 27.2 | % |  | 27.1 | %
Schedule of deferred tax assets and liabilities | The tax effects of items comprising our net deferred tax liability as of March 28, 2021 and March 29, 2020 are as follows:
(In thousands) |  | 2021 |  | 2020
Deferred tax assets: |  |  |  |
Trade receivables |  | $ | 134 |  |  | $ | 212 |
Stock compensation accruals |  | 1,341 |  |  | 728 |
Pension withdrawal liability |  | 1,344 |  |  | 1,435 |
Lease liability |  | 3,191 |  |  | 2,476 |
Unrealized loss on interest rate swap |  | — |  |  | 29 |
Other |  | 2,882 |  |  | 1,982 |
Total deferred tax assets |  | $ | 8,892 |  |  | $ | 6,862 |
Deferred tax liabilities: |  |  |  |
Inventories |  | $ | (2,815) |  |  | $ | (2,231) |
Prepaid expenses |  | (864) |  |  | (843) |
Excess of tax over book depreciation |  | (11,249) |  |  | (10,504) |
Intangible assets |  | (15,269) |  |  | (15,936) |
ROU asset |  | (3,140) |  |  | (2,454) |
Total deferred tax liabilities |  | $ | (33,337) |  |  | $ | (31,968) |
Net deferred tax liabilities |  | $ | (24,445) |  |  | $ | (25,106) |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121826272&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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319 + Details
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