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Income Taxes
6 Months Ended
Sep. 27, 2014
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes
The Company's provision for income taxes for the three-months ended September 30, 2014 was $2,640, an effective tax rate of 45.2% on income before provision for income taxes of $5,843, compared to a provision for income taxes for the three-months ended September 30, 2013 of $5,656, an effective tax rate of 50.3% on income before provision for income taxes of $11,241. The effective tax rate decrease from 50.3% to 45.2% was primarily due to the reduction of certain deferred tax liabilities associated with previously taxed income and foreign earnings taxed at lower statutory rates. The Company's provision for income taxes for the six-months ended September 30, 2014 was $6,171, an effective tax rate of 46.3% on income before provision for income taxes of $13,317, compared to a provision for income taxes for the six-months ended September 30, 2013 of $10,164, an effective tax rate of 44.9% on income before provision for income taxes of $22,654. The effective tax rate increase from 44.9% to 46.3% was primarily due to the write-off of certain deferred tax assets related to equity awards partially offset by a reduction of certain deferred tax liabilities associated with previously taxed income and foreign earnings taxed at lower statutory rates. The effective tax rate for the six-months ended September 30, 2014 of 46.3% 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 the reduction of certain deferred tax liabilities associated with previously taxed income and 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.
Fiscal 2013 through Fiscal 2015 remain open to examination by the Internal Revenue Service ("IRS") and Fiscal 2010 through Fiscal 2015 remain open to examination by certain state and foreign taxing jurisdictions.