Income Taxes (Tables)

12 Months Ended

Mar. 30, 2012

Income Taxes [Abstract]

Summary of provision for (benefit from) income taxes

The provision for income taxes includes the following:

	Fiscal Years Ended
	March 30, 2012			April 1, 2011			April 2, 2010
	(In thousands)
Current tax (benefit) provision
Federal	$	(4,761	)	$	433		$	(6,461	)
State		(482	)		3,178			(667	)
Foreign		(45	)		222			199
		(5,288	)		3,833			(6,929	)
Deferred tax (benefit) provision
Federal		(1,519	)		3,704			13,608
State		(6,334	)		(7,064	)		(1,191	)
Foreign		(510	)		(475	)		(50	)
		(8,363	)		(3,835	)		12,367
Total (benefit from) provision for income taxes	$	(13,651	)	$	(2	)	$	5,438

Components of Company's net deferred tax assets

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

	As of
	March 30, 2012			April 1, 2011
	(In thousands)
Deferred tax assets:
Net operating loss carryforwards	$	163,548		$	79,930
Tax credit carryforwards		64,013			46,355
Warranty reserve		4,482			5,086
Accrued compensation		5,547			5,125
Deferred rent		3,390			2,673
Inventory reserve		6,069			4,899
Stock-based compensation		9,793			8,830
Contract accounting		768			1,415
Other		8,027			8,060
Valuation allowance		(14,695	)		(12,671	)
Total deferred tax assets		250,942			149,702
Deferred tax liabilities:
Property, equipment and satellites and intangible assets		(180,096	)		(87,254	)
Total deferred tax liabilities		(180,096	)		(87,254	)
Net deferred tax assets	$	70,846		$	62,448

Reconciliation of the provision for (benefit from) income taxes to the amount computed by applying the statutory federal income tax rate to income (loss) 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
	March 30, 2012			April 1, 2011			April 2, 2010
	(In thousands)
Tax (benefit) expense at federal statutory rate	$	(2,128	)	$	12,749		$	12,698
State tax provision, net of federal benefit		112			1,375			2,259
Tax credits, net of valuation allowance		(12,973	)		(15,615	)		(11,408	)
Manufacturing deduction		176			—			—
Non-deductible transaction costs		—			30			1,435
Non-deductible compensation		700			1,054			377
Non-deductible meals and entertainment		447			328			163
Other		15			77			(86	)
Total (benefit from) provision for income taxes	$	(13,651	)	$	(2	)	$	5,438

Summary of the activity related to the Company's unrecognized tax benefits

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

	As of
	March 30, 2012			April 1, 2011			April 2, 2010
	(In thousands)
Balance, beginning of fiscal year	$	33,015		$	31,759		$	37,917
Increase (decrease) related to prior year tax positions		819			1,819			(2,058	)
Increases related to current year tax positions		3,148			4,740			3,031
Statute expirations		(3,426	)		(5,303	)		(3,452	)
Settlements		—			—			(3,679	)
Balance, end of fiscal year	$	33,556		$	33,015		$	31,759