iRobot 2015 Annual Report Download - page 150
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iROBOT CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
67
10. Income Taxes
The components of income tax expense were as follows:
Fiscal Year Ended
January 2,
2016 December 27,
2014
December 28,
2013
(In thousands)
Current
Federal $ 20,033 $ 15,128 $ 6,363
State 972 129 1,124
Foreign 121 91 41
Total current tax provision 21,126 15,348 7,528
Deferred
Federal (1,657) 1,268 (2,026)
State (628) (2,010) (728)
Total deferred tax provision (2,285) (742)(2,754)
Total income tax provision $ 18,841 $ 14,606 $ 4,774
In certain jurisdictions, an immaterial provision has been made for deferred taxes on undistributed earnings of non-
U.S. subsidiaries. In other jurisdictions, for the remaining undistributed earnings of non-U.S. subsidiaries, no provision
has been made for deferred taxes as these earnings have been indefinitely reinvested. As of January 2, 2016, a deferred tax
liability has not been established for approximately $1.0 million of cumulative undistributed earnings of non-U.S.
subsidiaries, as the Company plans to keep these amounts permanently reinvested overseas. The amount of any
unrecognized deferred tax liability on these undistributed earnings would be immaterial.