Rendering

Component: (Network and Table)
Network
2305301 - Disclosure - Income Taxes (Tables)
(http://www.bluelinxco.com/role/IncomeTaxesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Income Tax Disclosure [Abstract]Period [Axis]
2016-01-03 - 2016-12-31
Income Tax Disclosure [Abstract]
 
Schedule of provision for income taxes
Our provision for income taxes consisted of the following:
 
Fiscal Year
Ended December 31,
2016
 
Fiscal Year
Ended January 2,
2016
 
Fiscal Year
Ended January 3,
2015
 
(In thousands)
Federal income taxes:
 
 
 
 
 
Current
$
232

 
$

 
$

Deferred

 

 

State income taxes:
 

 
 

 
 

Current
962

 
235

 
160

Deferred

 

 

Foreign income taxes:
 

 
 

 
 

Current
(70
)
 
(68
)
 
134

Deferred
(3
)
 
(14
)
 
18

Provision for income taxes
$
1,121

 
$
153

 
$
312

 
 
Schedule of provision for income taxes is reconciled to the federal statutory
Our provision for income taxes is reconciled to the federal statutory amount as follows:
 
Fiscal Year
Ended December 31,
2016
 
Fiscal Year
Ended January 2,
2016
 
Fiscal Year
Ended January 3,
2015
 
(In thousands)
Expense (benefit) from income taxes computed at the federal statutory tax rate
$
6,022

 
$
(3,998
)
 
$
(4,746
)
Expense (benefit) from state income taxes, net of federal benefit
595

 
(474
)
 
(623
)
Valuation allowance change
(6,319
)
 
4,318

 
5,656

Nondeductible items
403

 
288

 
232

Alternative minimum tax
232

 

 

Other
188

 
19

 
(207
)
Provision for income taxes
$
1,121

 
$
153

 
$
312

 
 
Schedule of net deferred income tax assets (liabilities)
The components of our net deferred income tax liabilities are as follows:
 
December 31,
2016
 
January 2,
2016
 
(In thousands)
Deferred income tax assets:
 
 
 
Inventory reserves
$
2,088

 
$
3,007

Compensation-related accruals
4,465

 
4,819

Accruals and reserves
112

 
508

Accounts receivable
656

 
744

Restructuring costs

 
32

Intangible assets
583

 

Property and equipment
1,134

 
778

Pension
10,747

 
11,628

Benefit from net operating loss (“NOL”) carryovers (1)
78,236

 
82,055

Other
194

 
371

Total gross deferred income tax assets
98,215

 
103,942

Less: Valuation allowances
(97,552
)
 
(103,311
)
Total net deferred income tax assets
663

 
631

Deferred income tax liabilities:
 

 
 

Other
(663
)
 
(634
)
Total deferred income tax liabilities
(663
)
 
(634
)
Deferred income tax liabilities, net
$

 
$
(3
)
(1) 
Our federal NOL carryovers are $187.1 million and will expire in 12 to 19 years. Our state NOL carryovers are $256.9 million and will expire in 1 to 20 years.
 
 
Schedule of activity in deferred tax asset valuation allowance
Activity in our deferred tax asset valuation allowance for fiscal 2016 and 2015 was as follows:
 
Fiscal Year
Ended December 31,
2016
 
Fiscal Year
Ended January 2,
2016
 
(In thousands)
Balance as of beginning of the year
$
103,311

 
$
99,979

Valuation allowance provided for taxes related to:
 

 
 

(Income) loss before income taxes
(5,759
)
 
3,332

Balance as of end of the year
$
97,552

 
$
103,311

 
 
Schedule of activity related to unrecognized tax benefits
The following table summarizes the activity related to our unrecognized tax benefits:
(In thousands)
2016
 
2015
 
2014
Balance at beginning of fiscal year
$
184

 
$
184

 
$
259

Increases related to current year tax positions

 

 

Additions for tax positions in prior years

 

 

Reductions for tax positions in prior years

 

 

Reductions due to lapse of applicable statute of limitations

 

 
(75
)
Settlements

 

 

Balance at end of fiscal year
$
184

 
$
184

 
$
184