Income Taxes

The provisions for income taxes for fiscal 2014, 2013 and 2012 are as follows:



	2014		2013			2012
(In thousands)
Federal — current	$	7,612	$	8,967		$	8,632
State — current	1,255		2,417			2,546
Total current	8,867		11,384			11,178
Federal — deferred	676		(2,466		)	2,796
State — deferred	424		(600		)	316
Total deferred	1,100		(3,066		)	3,112
Total provision	$	9,967	$	8,318		$	14,290

Our effective tax rate for fiscal 2014 was reduced by a non-recurring state tax benefit of $0.4 million. During fiscal 2013, we amended previously filed U.S. Federal tax returns resulting in an increase of $0.8 million in the benefits related to the domestic manufacturing deduction and investment tax credits, which reduced our tax rate for that year. Reconciliations of the provisions for income taxes, based on income from continuing operations, to the applicable federal statutory income tax rate of 35% are listed below.



	2014		2013		2012
Statutory federal income tax	35.0	%	35.0	%	35.0	%
State income taxes, net of federal deduction	3.2	%	4.9	%	5.0	%
ESOP dividend deduction on allocated shares	(0.8	)%	(1.0	)%	(0.7	)%
Domestic production deduction	(2.1	)%	(2.7	)%	(0.9	)%
Impact of amended tax returns	—	%	(3.3	)%	—	%
Other — net	0.2	%	(0.2	)%	0.2	%
Total	35.5	%	32.7	%	38.6	%

The tax effects of items comprising our net deferred tax asset (liability) as of March 30, 2014 and March 31, 2013 are as follows:



(In thousands)	2014			2013
Deferred tax assets:
Trade receivables	$	191		$	188
Stock compensation accruals	1,031			776
Pension withdrawal liability	2,872			2,902
Other	842			1,100
Total deferred tax assets	$	4,936		$	4,966
Deferred tax liabilities:
Inventories	$	(3,618	)	$	(3,319	)
Prepaid	(727		)	(525		)
Excess of tax over book depreciation	(13,221		)	(11,385		)
Amortization of intangibles	(456		)	(354		)
Total deferred tax liabilities	$	(18,022	)	$	(15,583	)
Net deferred tax liabilities	$	(13,086	)	$	(10,617	)

As of March 30, 2014, the Company has determined that it is more likely than not that the deferred tax assets at March 30, 2014 will be realized either through future taxable income or reversals of taxable temporary differences. As of March 30, 2014 and March 31, 2013, there were no unrecognized tax benefits. Accordingly, a tabular reconciliation from beginning to ending periods is not provided.

We are subject to U.S. federal income tax as well as income tax of multiple state jurisdictions. The tax years prior to our fiscal year ended March 29, 2009 are closed to examination by the Internal Revenue Service, and with few exceptions, state and local income tax jurisdictions.