Income Taxes (Tables)

12 Months Ended

Mar. 29, 2014

Income Taxes [Abstract]

Summary of Income Before Income Taxes

	Year Ended
	March 29,		March 30,		March 31,
	2014		2013		2012
United States	$	155,431	$	200,124	$	79,425
Non-U.S.		306		1,066		558
	$	155,737	$	201,190	$	79,983

Summary of Provision (Benefit) for Income Taxes

	Year Ended
	March 29,		March 30,		March 31,
	2014		2013		2012
Current:
Federal	$	10,550	$	3,537	$	1,322
State		258		323		518
Non-U.S.		335		243		261
Total current tax provision	$	11,143	$	4,103	$	2,101
Deferred:
U.S.		36,543		60,506		(10,102)
Non-U.S.		(60)		(17)		1
Total deferred tax provision (benefit)		36,483		60,489		(10,101)
Total tax provision (benefit)	$	47,626	$	64,592	$	(8,000)

Summary of Provision (Benefit) for Income Taxes, Statutory Federal Rate Pretax Income Reconciliation

	Year Ended
	March 29,		March 30,		March 31,
	2014		2013		2012
Expected income tax provision at the U.S. federal statutory rate		35.0		35.0		35.0
Valuation allowance changes affecting the provision of income taxes		(0.1)		(1.3)		(46.7)
Foreign taxes at different rates		0.1		(0.1)		-
R&D credit		(0.9)		(2.1)		-
Stock compensation		(0.1)		0.1		1.0
Recognition of prior year benefit		(4.1)		-		-
Nondeductible expenses		0.5		0.3		0.1
Other		0.2		0.2		0.6
Provision (benefit) for income taxes		30.6		32.1		(10.0)

Significant Components of Deferred Tax Assets and Liabilities

	March 29,		March 30,
	2014		2013
Deferred tax assets:
Inventory valuation	$	7,692	$	12,065
Accrued expenses and allowances		3,905		5,077
Net operating loss carryforwards		29,062		28,162
Research and development tax credit carryforwards		15,164		37,054
State tax credit carryforwards		231		237
Capitalized research and development		3,485		6,601
Other		28,627		21,505
Total deferred tax assets	$	88,166	$	110,701
Valuation allowance for deferred tax assets		(32,159)		(23,232)
Net deferred tax assets	$	56,007	$	87,469
Deferred tax liabilities:
Depreciation and amortization	$	5,709	$	5,238
Acquisition intangibles		3,209		623
Total deferred tax liabilities	$	8,918	$	5,861
Total net deferred tax assets	$	47,089	$	81,608

Summary of Deferred Tax Assets

	March 29,		March 30,
	2014		2013
Current deferred tax assets	$	22,024	$	64,937
Long-term deferred tax assets		25,065		16,671
Total net deferred tax assets	$	47,089	$	81,608