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INCOME TAXES (Tables)

12 Months Ended

Apr. 02, 2016

Income Tax Disclosure [Abstract]

Schedule Domestic and Foreign Income Before Provision for Income Tax

Domestic and foreign income before provision for income tax is as follows:

(In thousands)	April 2, 2016				March 28, 2015				March 29, 2014
Domestic	$	(18,526	)		$	(17,265	)		$	(6,859	)
Foreign	(34,890		)		48,430				43,260
Total	$	(53,416	)		$	31,165			$	36,401

Schedule of Income Tax Provision Components

The income tax provision from continuing operations contains the following components:

(In thousands)	April 2, 2016				March 28, 2015				March 29, 2014
Current
Federal	$	12			$	3,526			$	(4,896	)
State	(660		)		898				873
Foreign	3,842				5,614				5,478
Total current	$	3,194			$	10,038			$	1,455
Deferred
Federal	3,532				1,227				(1,785		)
State	319				3,215				207
Foreign	(4,882		)		(212		)		1,376
Total deferred	$	(1,031	)		$	4,230			$	(202	)
Total	$	2,163			$	14,268			$	1,253

Schedule of Net Deferred Tax Asset

Tax affected, significant temporary differences comprising the net deferred tax liability are as follows:

(In thousands)	April 2, 2016				March 28, 2015
Deferred tax assets:
Depreciation	$	1,749			$	609
Amortization of intangibles	4,417				727
Inventory	7,607				6,193
Hedging	382				84
Accruals, reserves and other deferred tax assets	12,590				17,526
Net operating loss carry-forward	13,484				5,392
Stock based compensation	9,622				10,652
Tax credit carry-forward, net	16,191				8,678
Gross deferred tax assets	66,042				49,861
Less valuation allowance	(24,297		)		(16,027		)
Total deferred tax assets (after valuation allowance)	41,745				33,834
Deferred tax liabilities:
Depreciation	(28,972		)		(24,342		)
Amortization of goodwill and intangibles	(23,626		)		(24,764		)
Unremitted earnings	(700		)		—
Other deferred tax liabilities	(2,769		)		(1,604		)
Total deferred tax liabilities	(56,067		)		(50,710		)
Net deferred tax liabilities	$	(14,322	)		$	(16,876	)

Schedule of Effective Income Tax Rate Reconciliation

The income tax provision from continuing operations differs from tax provision computed at the 35.0% U.S. federal statutory income tax rate due to the following:

(In thousands)	April 2, 2016							March 28, 2015							March 29, 2014
Tax at federal statutory rate	$	(18,695	)		35.0	%		$	10,907			35.0	%		$	12,739			35.0	%
Difference between U.S. and foreign tax	10,645				(19.9	)%		(6,929		)		(22.2	)%		(10,846		)		(29.8	)%
State income taxes net of federal benefit	134				(0.3	)%		(818		)		(2.6	)%		(252		)		(0.7	)%
Change in uncertain tax positions	(1,820		)		3.4	%		(1,762		)		(5.7	)%		(1,678		)		(4.6	)%
Intercompany loan deduction	—				—	%		—				—	%		(2,185		)		(6.0	)%
Unremitted earnings	735				(1.4	)%		—				—	%		—				—	%
Deferred statutory rate changes	(2,653		)		5.0	%		—				—	%		—				—	%
Non-deductible goodwill impairment	2,861				(5.4	)%		—				—	%		—				—	%
Non-deductible expenses	1,491				(2.8	)%		1,237				4.0	%		1,035				2.8	%
Research credits	(672		)		1.3	%		(1,000		)		(3.2	)%		(688		)		(1.9	)%
Tax amortization of goodwill	4,185				(7.8	)%		3,826				12.3	%		—				—	%
Valuation allowance	5,194				(9.7	)%		8,524				27.4	%		2,400				6.6	%
Other, net	758				(1.4	)%		283				0.8	%		728				2.0	%
Income tax provision	$	2,163			(4.0	)%		$	14,268			45.8	%		$	1,253			3.4	%

Summary of Gross Unrecognized Tax Benefits

The following table summarizes the activity related to our gross unrecognized tax benefits for the fiscal years ended April 2, 2016, March 28, 2015 and March 29, 2014:

(In thousands)	April 2, 2016				March 28, 2015				March 29, 2014
Beginning Balance	$	7,070			$	5,604			$	6,930
Additions based upon positions related to the current year	—				—				—
Additions for tax positions of prior years	340				3,234				990
Reductions of tax positions	(4,158		)		—				—
Settlements with taxing authorities	—				(338		)		—
Closure of statute of limitations	(729		)		(1,430		)		(2,316		)
Ending Balance	$	2,523			$	7,070			$	5,604

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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.

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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.

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Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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