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Income Taxes
9 Months Ended
Dec. 28, 2013
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes
The Company's provision for income taxes for the three-months ended December 31, 2013 was $2,523, an effective tax rate of 27.5% on income before provision for income taxes of $9,181, compared to a provision for income taxes for the three-months ended December 31, 2012 of $5,222, an effective tax rate of 38.0% on income before provision for income taxes of $13,740. The effective tax rate decrease from 38.0% to 27.5% was primarily due to a decrease in uncertain income tax positions (including interest and penalties) and the benefit associated with the Fiscal 2013 federal return to provision reconciliation. The Company's provision for income taxes for the nine-months ended December 31, 2013 was $12,687, an effective tax rate of 39.9% on income before provision for income taxes of $31,835 compared to a provision for income taxes for the nine-months ended December 31, 2012 of $13,229, an effective tax rate of 38.0% on income before provision for income taxes of $34,812. The effective tax rate increase from 38.0% to 39.9% was primarily due to the write-off of certain deferred tax assets related to equity awards partially offset by a decrease in uncertain income tax positions (including interest and penalties) and the benefit associated with the Fiscal 2013 federal return to provision reconciliation. The effective tax rate for the nine-months ended December 31, 2013 of 39.9% differs from the federal statutory rate primarily due to state income taxes and the write-off of certain deferred tax assets related to equity awards partially offset by foreign earnings taxed at lower statutory rates.
The Company provides for income taxes at the end of each interim period based on the estimated effective tax rate adjusted for certain discrete items for the full fiscal year. Cumulative adjustments to the Company's estimate are recorded in the interim period in which a change in the estimated annual effective rate is determined.
As previously disclosed, during Fiscal 2013 the Internal Revenue Service ("IRS") commenced an examination of the Company's United States federal income tax return for Fiscal 2011 and 2012. During Fiscal 2014, the IRS concluded its examination with no proposed adjustments for Fiscal 2011 and Fiscal 2012.
Fiscal 2013 remains open to examination by the IRS and Fiscal 2009 through Fiscal 2013 remain open to examination by certain state and foreign taxing jurisdictions.