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Income Taxes (Tables) | 12 Months Ended
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Sep. 30, 2021
Income Tax Disclosure [Abstract] |
Schedule of components of income tax expense (benefit) | The Company's expense (benefit) from income taxes from continuing operations consists of the following for the periods presented:
| Fiscal Year Ended September 30,
in thousands | 2021 |  | 2020 |  | 2019
Current federal (a) | $ | — |  |  | $ | (4,641) |  |  | $ | (4,935) |
Current state | 1,126 |  |  | 485 |  |  | 693 |
Deferred federal | 20,331 |  |  | 20,639 |  |  | (31,291) |
Deferred state | 89 |  |  | 1,490 |  |  | (1,684) |
Total expense (benefit) | $ | 21,546 |  |  | $ | 17,973 |  |  | $ | (37,217) |
(a) Fiscal 2020 federal current benefit is primarily driven by the expected refund of our remaining alternative minimum tax credit balance due to the enactment of the CARES Act. Fiscal 2019 federal current benefit is primarily driven by the expected refund of half of our outstanding alternative minimum tax credit that became refundable due to the enactment of the Tax Cuts and Jobs Act. See Note 2 for further discussion.
Schedule of effective income tax rate reconciliation | The expense from income taxes from continuing operations differs from the amount computed by applying the federal income tax statutory rate as follows for the periods presented:
| Fiscal Year Ended September 30,
in thousands | 2021 |  | 2020 |  | 2019
Income tax computed at statutory rate | $ | 30,182 |  |  | $ | 14,971 |  |  | $ | (24,494) |
State income taxes, net of federal benefit | 1,564 |  |  | 1,300 |  |  | (590) |
Deferred rate change | (904) |  |  | 260 |  |  | (88) |
Changes in uncertain tax positions | — |  |  | (2) |  |  | (7) |
Permanent differences | 2,433 |  |  | 2,177 |  |  | 2,908 |
Tax credits | (12,088) |  |  | (939) |  |  | (14,902) |
Other, net | 359 |  |  | 206 |  |  | (44) |
Total expense (benefit) | $ | 21,546 |  |  | $ | 17,973 |  |  | $ | (37,217) |
Schedule of deferred tax assets and liabilities | The tax effects of significant temporary differences that give rise to the net deferred tax assets are as follows as of September 30, 2021 and September 30, 2020:
in thousands | September 30, 2021 |  | September 30, 2020
Deferred tax assets: |  |  |
Federal and state net operating loss carryforwards | $ | 177,611 |  |  | $ | 192,981 |
Inventory adjustments | 25,174 |  |  | 34,971 |
Incentive compensation | 13,793 |  |  | 13,116 |
Intangible assets | 6,016 |  |  | 13,993 |
Warranty and other reserves | 6,006 |  |  | 5,503 |
Property, equipment and other assets | 2,085 |  |  | 2,197 |
Uncertain tax positions | 705 |  |  | 723 |
Other | 2,435 |  |  | 844 |
Total deferred tax assets | 233,825 |  |  | 264,328 |
Valuation allowance | (29,059) |  |  | (39,185) |
Deferred tax assets, net | $ | 204,766 |  |  | $ | 225,143 |
Schedule of unrecognized tax benefits roll forward | A reconciliation of our unrecognized tax benefits is as follows for the beginning and end of each period presented:
| Fiscal Year Ended September 30,
in thousands | 2021 |  | 2020 |  | 2019
Balance at beginning of year | $ | 3,441 |  |  | $ | 3,473 |  |  | $ | 3,494 |
Additions for tax positions related to current year | — |  |  | — |  |  | — |
Additions for tax positions related to prior years | — |  |  | — |  |  | — |
Reductions in tax positions of prior years | — |  |  | — |  |  | — |
Lapse of statute of limitations | (83) |  |  | (32) |  |  | (21) |
Balance at end of year | $ | 3,358 |  |  | $ | 3,441 |  |  | $ | 3,473 |

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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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