Income Taxes (Tables)

12 Months Ended

Sep. 30, 2014

Schedule of Components of Income Tax Expense (Benefit)

The benefit from income taxes from continuing operations consists of the following:



	Fiscal Year Ended September 30,
(In thousands)	2014			2013			2012
Current federal	$	(44,789	)	$	(4,409	)	$	(34,242	)
Current state	322			(394		)	(143		)
Deferred federal	2,385			1,476			(5,964		)
Deferred state	285			(162		)	2
Total	$	(41,797	)	$	(3,489	)	$	(40,347	)

Schedule of Effective Income Tax Rate Reconciliation

The benefit from income taxes from continuing operations differs from the amount computed by applying the federal income tax statutory rate as follows:



	Fiscal Year Ended September 30,
(In thousands)	2014			2013			2012
Income tax computed at statutory rate	$	(2,406	)	$	(12,479	)	$	(61,590	)
State income taxes, net of federal benefit	(172		)	(684		)	(6,055		)
Valuation allowance - IRS Settlement	(26,846		)	—			—
Valuation allowance - other	3,023			11,729			59,601
Changes for uncertain tax positions	(14,276		)	(1,909		)	(32,441		)
IRS interest refund	(1,714		)	—			—
Other, net	594			(146		)	138
Total	$	(41,797	)	$	(3,489	)	$	(40,347	)

Schedule of Deferred Tax Assets and Liabilities

Considering the limitation imposed by Section 382, the table below depicts the classifications of our deferred tax assets:



	September 30, 2014
(In thousands)
Deferred tax assets:
Subject to annual limitation	$	102,207
Generally not subject to annual limitation	348,435
Certain components likely to be subject to annual limitation	40,905
Total deferred tax assets	491,547
Deferred tax liabilities	(43,496		)
Net deferred tax assets before valuation allowance	448,051
Valuation allowance	(445,228		)
Net deferred tax assets	$	2,823

The tax effects of significant temporary differences that give rise to the net deferred tax assets are as follows:



(In thousands)	September 30, 2014			September 30, 2013
Deferred tax assets:
Warranty and other reserves	$	11,587		$	11,559
Incentive compensation	18,993			17,368
Property, equipment and other assets	2,750			2,455
Federal and state tax carryforwards	357,146			383,508
Inventory adjustments	95,237			114,416
Uncertain tax positions	1,911			14,415
Other	3,923			3,052
Total deferred tax assets	491,547			546,773
Deferred tax liabilities:
Deferred revenues	(43,496		)	(54,257		)
Total deferred tax liabilities	(43,496		)	(54,257		)
Net deferred tax assets before valuation allowance	448,051			492,516
Valuation allowance	(445,228		)	(487,263		)
Net deferred tax assets	$	2,823		$	5,253

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits at the beginning and end of fiscal 2014, 2013 and 2012 is as follows:



	Fiscal Year Ended September 30,
(In thousands)	2014			2013			2012
Balance at beginning of year	$	17,464		$	19,630		$	46,648
Additions for (reductions in) tax positions related to current year	150			(1,620		)	903
Additions for tax positions related to prior years	1,365			—			—
Reductions for tax positions of prior years	(14,201		)	—			(27,181		)
Lapse of statute of limitations	(162		)	(546		)	(740		)
Balance at end of year	$	4,616		$	17,464		$	19,630