Income Taxes (Tables)

12 Months Ended

Apr. 04, 2014

Income Tax Disclosure [Abstract]

Summary of Provision for Income Taxes

The provision for income taxes includes the following:

	Fiscal Years Ended
	April 4, 2014			March 29, 2013			March 30, 2012
	(In thousands)
Current tax provision (benefit)
Federal	$	798		$	(166	)	$	(4,761	)
State		540			2			(482	)
Foreign		12			(64	)		(45	)
		1,350			(228	)		(5,288	)
Deferred tax benefit
Federal		(11,188	)		(36,042	)		(1,519	)
State		(16,032	)		(12,657	)		(6,334	)
Foreign		(77	)		(1,127	)		(510	)
		(27,297	)		(49,826	)		(8,363	)
Total benefit from income taxes	$	(25,947	)	$	(50,054	)	$	(13,651	)

Components of Net Deferred Tax Assets

Significant components of the Company’s net deferred tax assets are as follows:

	As of
	April 4, 2014			March 29, 2013
	(In thousands)
Deferred tax assets:
Net operating loss carryforwards	$	269,427		$	240,402
Tax credit carryforwards		96,586			82,910
Warranty reserve		6,475			5,325
Accrued compensation		6,880			5,846
Deferred rent		4,128			3,618
Inventory reserve		6,636			7,578
Stock-based compensation		9,728			8,214
Other		6,872			10,793
Valuation allowance		(12,832	)		(15,965	)
Total deferred tax assets		393,900			348,721
Deferred tax liabilities:
Property, equipment and satellites and intangible assets		(246,293	)		(227,965	)
Total deferred tax liabilities		(246,293	)		(227,965	)
Net deferred tax assets	$	147,607		$	120,756

Reconciliation of Provision for Income Taxes to Amount Computed by Applying Statutory Federal Income Tax Rate to Income before Income Taxes

A reconciliation of the provision for income taxes to the amount computed by applying the statutory federal income tax rate to income before income taxes is as follows:

	Fiscal Years Ended
	April 4, 2014			March 29, 2013			March 30, 2012
	(In thousands)
Tax benefit at federal statutory rate	$	(12,132	)	$	(31,737	)	$	(2,128	)
State tax provision, net of federal benefit		(3,555	)		(3,202	)		26
Tax credits, net of valuation allowance		(13,149	)		(17,171	)		(12,887	)
Manufacturing deduction		—			—			176
Non-deductible compensation		1,337			1,305			700
Non-deductible meals and entertainment		678			448			447
Other		874			303			15
Total benefit from income taxes	$	(25,947	)	$	(50,054	)	$	(13,651	)

Summary of Activity Related to Unrecognized Tax Benefits

The following table summarizes the activity related to the Company’s unrecognized tax benefits:

	As of
	April 4, 2014			March 29, 2013			March 30, 2012
	(In thousands)
Balance, beginning of fiscal year	$	34,491		$	33,556		$	33,015
(Decrease) increase related to prior year tax positions		(249	)		16			819
Increases related to current year tax positions		4,459			4,608			3,148
Statute expirations		(1,306	)		(3,489	)		(3,426	)
Settlements		—			(200	)		—
Balance, end of fiscal year	$	37,395		$	34,491		$	33,556