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Income Taxes (Tables)
12 Months Ended
Mar. 31, 2016
Income Tax Disclosure [Abstract]  
Components of Income (Loss) Before Income Taxes

The components of income (loss) before income taxes by jurisdiction are as follows:

 

     Fiscal Years Ended  
     March 31,
2016
     April 3,
2015
     April 4,
2014
 
     (In thousands)  

United States

   $ 20,280       $ 58,185       $ (31,850

Foreign

     (2,683      (4,467      (2,754
  

 

 

    

 

 

    

 

 

 
   $ 17,597       $ 53,718       $ (34,604
  

 

 

    

 

 

    

 

 

 
Summary of (Benefit from) Provision for Income Taxes

The (benefit from) provision for income taxes includes the following:

 

     Fiscal Years Ended  
     March 31,
2016
     April 3,
2015
     April 4,
2014
 
     (In thousands)  

Current tax provision

        

Federal

   $ 132       $ (216    $ 798   

State

     543         1,507         540   

Foreign

     148         115         12   
  

 

 

    

 

 

    

 

 

 
     823         1,406         1,350   
  

 

 

    

 

 

    

 

 

 

Deferred tax (benefit) provision

        

Federal

     2,266         14,546         (11,188

State

     (7,090      (1,477      (16,032

Foreign

     (172      (648      (77
  

 

 

    

 

 

    

 

 

 
     (4,996      12,421         (27,297
  

 

 

    

 

 

    

 

 

 

Total (benefit from) provision for income taxes

   $ (4,173    $ 13,827       $ (25,947
  

 

 

    

 

 

    

 

 

Components of Net Deferred Tax Assets

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

 

     As of  
     March 31,
2016
     April 3,
2015
 
     (In thousands)  

Deferred tax assets:

     

Net operating loss carryforwards

   $ 222,332       $ 223,642   

Tax credit carryforwards

     129,333         112,183   

Other

     64,459         72,807   

Valuation allowance

     (17,089      (15,550
  

 

 

    

 

 

 

Total deferred tax assets

     399,035         393,082   

Deferred tax liabilities:

     

Intangible assets

     (82,295      (66,340

Property, equipment and satellites

     (182,030      (194,242
  

 

 

    

 

 

 

Total deferred tax liabilities

     (264,325      (260,582
  

 

 

    

 

 

 

Net deferred tax assets

   $ 134,710       $ 132,500   
  

 

 

    

 

 

 

 

Reconciliation of (Benefit from) Provision for Income Taxes to Amount Computed by Applying Statutory Federal Income Tax Rate to Income before Income Taxes

A reconciliation of the (benefit from) 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 31,
2016
     April 3,
2015
     April 4,
2014
 
     (In thousands)  

Tax provision (benefit) at federal statutory rate

   $ 6,167       $ 18,808       $ (12,132

State tax provision, net of federal benefit

     1,197         4,014         (3,555

Tax credits, net of valuation allowance

     (16,016      (14,055      (13,217

Non-deductible compensation

     2,457         1,966         1,337   

Non-deductible meals and entertainment

     751         759         678   

Stock-based compensation

     551         478         232   

Change in state effective tax rate

     (354      508         (308

Foreign effective tax rate differential, net of valuation allowance

     859         898         536   

Other

     215         451         482   
  

 

 

    

 

 

    

 

 

 

Total (benefit from) provision for income taxes

   $ (4,173    $ 13,827       $ (25,947
  

 

 

    

 

 

    

 

 

Summary of Activity Related to Unrecognized Tax Benefits

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

 

     As of  
     March 31,
2016
     April 3,
2015
     April 4,
2014
 
     (In thousands)  

Balance, beginning of fiscal year

   $ 41,769       $ 37,395       $ 34,491   

(Decrease) increase related to prior year tax positions

     (586      524         (249

Increases related to current year tax positions

     3,897         3,897         4,459   

Statute expirations

     —           (47      (1,306
  

 

 

    

 

 

    

 

 

 

Balance, end of fiscal year

   $ 45,080       $ 41,769       $ 37,395