The Company’s income tax (benefit) provision consists of the following components:
Fiscal 2016 | Fiscal 2015 | Fiscal 2014 | ||||||||||
Federal income tax (benefit) provision |
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Current |
$ | 1,609 | $ | 870 | $ | — | ||||||
Deferred |
(47,621 | ) | 6,517 | 7,333 | ||||||||
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Net federal income tax (benefit) provision |
(46,012 | ) | 7,387 | 7,333 | ||||||||
State income tax (benefit) provision |
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Current |
816 | 591 | 331 | |||||||||
Deferred |
(11,794 | ) | 941 | 725 | ||||||||
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Net state income tax (benefit) provision |
(10,978 | ) | 1,532 | 1,056 | ||||||||
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Income tax (benefit) provision |
$ | (56,990 | ) | $ | 8,919 | $ | 8,389 | |||||
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