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Income Taxes (Tables)

12 Months Ended

Mar. 26, 2016

Income Taxes [Abstract]

Components of the provision for income taxes



		Year Ended Fiscal March
		2016			2015			2014
		(Dollars in thousands)
Current -
Federal		$	29,202		$	28,262		$	25,978
State			2,825			2,956			1,579
			32,027			31,218			27,557
Deferred -
Federal			6,216			6,194			4,793
State			373			144			(273)
			6,589			6,338			4,520
Total		$	38,616		$	37,556		$	32,077



Deferred tax (liabilities) assets



		March 26,			March 28,
		2016			2015
		(Dollars in thousands)
Goodwill		$	(31,075)		$	(24,167)
Other			(981)			(939)
Total deferred tax liabilities			(32,056)			(25,106)
Property and equipment			28,085			20,592
Insurance reserves			11,626			10,813
Warranty and other reserves			4,671			4,538
Stock options			3,040			3,729
Other			9,989			9,544
Total deferred tax assets			57,411			49,216
Net deferred tax assets		$	25,355		$	24,110



Reconciliation between Federal statutory tax rate and effective tax rate reflected in accompanying financial statements



		Year Ended Fiscal March
		2016					2015					2014
		Amount			Percent		Amount			Percent		Amount			Percent
		(Dollars in thousands)
Federal income tax based on      statutory tax rate applied      to income before taxes		$	36,897		35.0		$	34,774		35.0		$	30,287		35.0
State income tax, net of      federal income tax benefit			2,306		2.2			2,170		2.2			2,097		2.4
Other			(587)		(0.6)			612		0.6			(307)		(0.3)
		$	38,616		36.6		$	37,556		37.8		$	32,077		37.1



Income taxes associated with unrecognized tax benefits



		Dollars in thousands
Balance at March 30, 2013		$	5,704
Tax positions related to current year:
Additions			1,678
Reductions
Tax positions related to prior years:
Additions
Reductions			(88)
Settlements			(381)
Lapses in statutes of limitations			(1,013)
Balance at March 29, 2014			5,900
Tax positions related to current year:
Additions			2,066
Reductions
Tax positions related to prior years:
Additions			164
Reductions			33
Settlements
Lapses in statutes of limitations			(668)
Balance at March 28, 2015			7,495
Tax positions related to current year:
Additions			1,116
Reductions
Tax positions related to prior years:
Additions
Reductions			(922)
Settlements
Lapses in statutes of limitations			(760)
Balance at March 26, 2016		$	6,929



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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.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
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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.

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-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
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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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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
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Tabular disclosure of the change in unrecognized tax benefits.

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-SubTopic 10
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