Income Taxes (Tables)

12 Months Ended

Apr. 02, 2017

Income Tax Disclosure [Abstract]

Schedule of provisions for income taxes

The provisions for income taxes for fiscal 2017, 2016 and 2015 were as follows:

	2017			2016		2015
(In thousands)
Federal — current	$	11,472		$	8,761	$	9,574
State — current	2,546			2,238		2,133
Total current	14,018			10,999		11,707
Federal — deferred	(431		)	1,027		(517		)
State — deferred	(94		)	197		50
Total deferred	(525		)	1,224		(467		)
Total provision	$	13,493		$	12,223	$	11,240

Schedule of effective income tax rate reconciliation

Reconciliations of the provisions for income taxes, based on income from continuing operations, to the applicable federal statutory income tax rate of 35% are listed below.

	2017		2016		2015
Statutory federal income tax	35.0	%	35.0	%	35.0	%
State income taxes, net of federal deduction	4.8	%	5.0	%	4.7	%
ESOP dividend deduction on allocated shares	(0.7	)%	(0.7	)%	(0.7	)%
Domestic production deduction	(1.5	)%	(1.5	)%	(2.4	)%
Non-deductible acquisition costs	—	%	1.6	%	—	%
Assessment related to state tax audit	—	%	0.6	%	—	%
Other — net	(0.2	)%	0.2	%	0.3	%
Total	37.4	%	40.2	%	36.9	%

Schedule of deferred tax assets and liabilities

The tax effects of items comprising our net deferred tax liability as of April 2, 2017 and April 3, 2016 are as follows:

(In thousands)	2017			2016
Deferred tax assets:
Trade receivables	$	187		$	361
Stock compensation accruals	616			620
Pension withdrawal liability	2,513			2,635
Other	1,639			1,302
Total deferred tax assets	$	4,955		$	4,918
Deferred tax liabilities:
Inventories	$	(4,006	)	$	(2,671	)
Prepaid	(1,095		)	(975		)
Excess of tax over book depreciation	(14,169		)	(14,439		)
Intangibles	(27,524		)	(29,075		)
Unrealized gain on interest rate swap	(201		)	—
Total deferred tax liabilities	$	(46,995	)	$	(47,160	)
Net deferred tax liabilities	$	(42,040	)	$	(42,242	)