XML 49 R35.htm IDEA: XBRL DOCUMENT v3.7.0.1

Income taxes (Tables)

12 Months Ended

Mar. 25, 2017

Income Tax Disclosure [Abstract]

Summary of Net Deferred Tax Assets

The significant items comprising the Company’s net deferred tax assets at March 25, 2017 and March 26, 2016 are as follows:

		Fiscal Year Ended
		March 25, 2017				March 26, 2016
		(In thousands)
Deferred tax assets:
Loss and tax credit carry forwards		$	44,296			$	39,710
Difference between book and tax basis of property and equipment			4,951				2,731
Interest expense limitations carry forward			7,190				10,697
Inventory allowances			383				417
Other reserves not currently deductible			1,045				807
Capital lease obligation			—				2,431
Expenses not currently deductible			776				667
Other			(27	)			(175	)
Net deferred tax asset before valuation allowance			58,614				57,285
Valuation allowance			(53,311	)			(57,285	)
Net deferred tax asset		$	5,303			$	—

Components of Income Tax Expense (Benefit)

The Company’s income tax expense (benefit) consists of the following components:

		Fiscal Year Ended
		March 25, 2017				March 26, 2016				March 28, 2015
		(In thousands)
Income tax expense (benefit):
Current		$	26			$	50			$	77
Deferred			550				1,591				(2,636	)
Valuation allowance			(5,853	)			(1,591	)			2,559
Income tax expense		$	(5,277	)		$	50			$	—

Schedule of Effective Income Tax Rate Reconciliation

The Company’s provision for income taxes varies from the amount computed by applying the statutory income tax rates for the reasons summarized below:

		Fiscal Year Ended
		March 25, 2017				March 26, 2016				March 28, 2015
Canadian statutory rate		$	(93	)		$	1,460			$	(2,275	)
Rate differential for U.S. operations			545				358				(443	)
Utilization of unrecognized losses and other tax attributes			(7,404	)			(1,768	)			—
Valuation allowance on deferred tax assets			1,538				177				2,636
Permanent differences and other			137				(177	)			82
Total		$	(5,277	)		$	50			$	—

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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=65882285&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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=65882285&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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=65882285&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration