Income Taxes (Tables)

12 Months Ended

Mar. 29, 2015

Income Tax Disclosure [Abstract]

Components of Income (Loss) before Income Taxes and Income Tax Expense (Benefit)

The components of income (loss) before income taxes and the income tax expense (benefit) were as follows:

	Fiscal Year Ended
(in thousands)	March 29, 2015			March 30, 2014			March 31, 2013
Income (loss) before income taxes from continuing operations:
United States	$	6,113		$	8,634		$	(18,083	)
Foreign	109,825			103,660			18,674
Income before income taxes	$	115,938		$	112,294		$	591
Income tax expense (benefit) from continuing operations:
Current:
United States	$	—		$	(118	)	$	(49	)
State	47			35			128
Foreign	1,312			867			1,368
	1,359			784			1,447
Deferred:
United States	79			240			(3,222		)
State	2			14			(345		)
Foreign	(83		)	(57		)	—
	(2		)	197			(3,567		)
Income tax expense (benefit) from continuing operations	$	1,357		$	981		$	(2,120	)

Significant Components of Deferred Tax Assets and Liabilities

Significant components of deferred tax assets and liabilities were as follows: 

(in thousands)	March 29, 2015			March 30, 2014
Deferred tax assets:
Deferred income on shipments to distributors	$	3,057		$	2,666
Non-deductible accruals and reserves	9,148			10,233
Inventory related and other expenses	189			1,761
Net operating losses and credit carryforwards	122,178			114,858
Depreciation and amortization	12,274			13,725
Stock options	1,849			1,713
Other	1,737			315
Total deferred tax assets	150,432			145,271
Deferred tax liabilities:
Purchased intangibles	(564		)	(558		)
Other	(2,699		)	(3,087		)
Total deferred tax liabilities	(3,263		)	(3,645		)
Valuation allowance	(148,954		)	(143,704		)
Net deferred tax liabilities	$	(1,785	)	$	(2,078	)

Reconciliation between Statutory and Effective Income Tax Rates

Reconciliation between the statutory U.S. income tax rate of 35% and the effective rate is as follows:

	Fiscal Year Ended
(in thousands)	March 29, 2015			March 30, 2014			March 31, 2013
Provision (benefit) from continuing operations at 35% U.S. statutory rate	$	40,579		$	39,303		$	207
State tax, net of federal benefit	160			32			(123		)
Effect of foreign operations	(35,740		)	(33,217		)	(4,890		)
Repatriation of foreign earnings	—			5,623			1,505
Net operating losses and tax credits (benefited) not benefited	(1,067		)	(10,985		)	(3,733		)
Stock-based compensation	(2,740		)	(689		)	2,640
Other	165			914			2,274
Income tax expense (benefit) from continuing operations	$	1,357		$	981		$	(2,120	)

Unrecognized Tax Benefits Activity

The following tables summarize the activities of gross unrecognized tax benefits:

	Fiscal Year Ended
(in thousands)	March 29, 2015			March 30, 2014			March 31, 2013
Beginning balance	$	32,237		$	31,066		$	29,718
Increases related to prior year tax positions	549			90			532
Decreases related to prior year tax positions	(296		)	(301		)	(296		)
Increases related to current year tax positions	803			1,498			1,427
Decreases related to the lapsing of statute of limitations	(103		)	(116		)	(315		)
Ending balance	$	33,190		$	32,237		$	31,066