Income Taxes

The provisions for income taxes for fiscal 2016, 2015 and 2014 were as follows:



	2016		2015			2014
(In thousands)
Federal — current	$	8,761	$	9,574		$	7,612
State — current	2,238		2,133			1,255
Total current	10,999		11,707			8,867

Federal — deferred	1,027		(517		)	676
State — deferred	197		50			424
Total deferred	1,224		(467		)	1,100
Total provision	$	12,223	$	11,240		$	9,967

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.



	2016		2015		2014
Statutory federal income tax	35.0	%	35.0	%	35.0	%
State income taxes, net of federal deduction	5.0	%	4.7	%	3.2	%
ESOP dividend deduction on allocated shares	(0.7	)%	(0.7	)%	(0.8	)%
Domestic production deduction	(1.5	)%	(2.4	)%	(2.1	)%
Non-deductible acquisition costs	1.6	%	—	%	—	%
Assessment related to state tax audit	0.6	%	—	%	—	%
Other — net	0.2	%	0.3	%	0.2	%
Total	40.2	%	36.9	%	35.5	%

The tax effects of items comprising our net deferred tax liability as of April 3, 2016 and March 29, 2015 are as follows:



(In thousands)	2016			2015
Deferred tax assets:
Trade receivables	$	361		$	178
Stock compensation accruals	620			949
Pension withdrawal liability	2,635			2,755
Other	1,302			811
Total deferred tax assets	$	4,918		$	4,693
Deferred tax liabilities:
Inventories	$	(2,671	)	$	(3,307	)
Prepaid	(975		)	(689		)
Excess of tax over book depreciation	(14,439		)	(12,699		)
Intangibles	(29,075		)	(674		)
Total deferred tax liabilities	$	(47,160	)	$	(17,369	)
Net deferred tax liabilities	$	(42,242	)	$	(12,676	)

As of April 3, 2016, the Company has determined that it is more likely than not that the deferred tax assets at April 3, 2016 will be realized either through future taxable income or reversals of taxable temporary differences.

As of March 29, 2015, there were no unrecognized tax benefits. During fiscal 2016, we recorded a gross unrecognized tax benefit of $1.9 million in other long-term liabilities on our consolidated balance sheet as a result of uncertain income tax positions taken by Stauber on its tax returns for periods prior to our acquisition. The Stauber acquisition agreement provides the Company with indemnification from the prior owners for any tax liabilities relating to pre-acquisition tax returns. Accordingly, we have also recorded an offsetting, long-term receivable for $1.9 million, and as such any change in the unrecognized tax benefit will not impact our effective tax rate in future periods. As of April 3, 2016, the liability for uncertain tax positions and the corresponding receivable included $0.3 million of interest and penalties. We expect these uncertain income tax amounts to decrease as the applicable examination periods by the relevant taxing authorities expire.

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 31, 2013 are closed to examination by the Internal Revenue Service, and with few exceptions, state and local income tax jurisdictions.