Income Taxes (Tables)

12 Months Ended

Mar. 30, 2019

Income Tax Disclosure [Abstract]

Provision (benefit) for income taxes

The provision for income taxes for fiscal years 2019, 2018 and 2017 were as follows (in thousands):

	Fiscal Year
	2019			2018			2017
Current
Federal	$	16,086		$	19,008		$	15,924
State	2,209			2,323			1,131
Total current	18,295			21,331			17,055
Deferred
Federal	(347		)	(4,315		)	(13		)
State	106			5			284
Total deferred	(241		)	(4,310		)	271
Total income tax provision	$	18,054		$	17,021		$	17,326

Reconciliations of income taxes

A reconciliation of income taxes computed by applying the expected federal statutory income tax rates of 21%, 31.54% and 35% for fiscal years 2019, 2018 and 2017, respectively, to income before income taxes reported in the Consolidated Statements of Comprehensive Income is as follows (in thousands):

	Fiscal Year
	2019			2018			2017
Federal income tax at statutory rate	$	18,202		$	24,766		$	19,348
State income taxes, net of federal benefit	3,111			2,330			1,428
Stock-based compensation	(2,507		)	(2,121		)	—
Tax credits	(1,506		)	(1,776		)	(1,826		)
Impact of Tax Act	314			(4,824		)	—
Domestic production activities deduction	—			(2,001		)	(1,422		)
Other	440			647			(202		)
Total income tax provision	$	18,054		$	17,021		$	17,326

Net current deferred tax assets and net long-term deferred tax liabilities

Net long-term deferred tax assets and liabilities were as follows (in thousands):

	March 30, 2019			March 31, 2018
Net long-term deferred tax (liabilities) assets
Goodwill	$	(15,644	)	$	(15,637	)
Property, plant, equipment and depreciation	(4,157		)	(3,575		)
Warranty reserves	4,097			4,033
Loan discount	3,075			3,662
Stock-based compensation	2,564			2,177
Prepaid expenses	(2,142		)	(1,585		)
Other intangibles	(1,791		)	(1,581		)
Salaries and wages	1,751			1,741
Accrued volume rebates	1,734			575
Inventory	1,158			1,196
Other	2,353			1,417
	$	(7,002	)	$	(7,577	)