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Income Taxes (Tables) | 12 Months Ended
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Dec. 26, 2020
Income Tax Disclosure [Abstract] |
Schedule of Income Tax Provision (Benefit) | The Company’s income tax provision (benefit) consists of the following:
|  | Fiscal Year Ended |
|  | December 26, 2020 |  |  | December 28, 2019 |  |  | December 29, 2018 |
Federal: |  |  |  |  |  |  |  |  |  |  |  |
Current |  | $ | (25,220 | ) |  | $ | 32,874 |  |  | $ | 26,784 |
Deferred |  |  | (7,115 | ) |  |  | 20,388 |  |  |  | 13,249 |
|  | $ | (32,335 | ) |  | $ | 53,262 |  |  | $ | 40,033 |
State: |  |  |  |  |  |  |  |  |  |  |  |
Current |  | $ | (3,931 | ) |  | $ | 12,605 |  |  | $ | 13,015 |
Deferred |  |  | 2,715 |  |  |  | 831 |  |  |  | (1,599 | )
|  | $ | (1,216 | ) |  | $ | 13,436 |  |  | $ | 11,416 |
Foreign: |  |  |  |  |  |  |  |  |  |  |  |
Current |  | $ | 133,622 |  |  | $ | 77,594 |  |  | $ | 53,625 |
Deferred |  |  | 11,015 |  |  |  | (109,556 | ) |  |  | 24,093 |
|  | $ | 144,637 |  |  | $ | (31,962 | ) |  | $ | 77,718 |
Total |  | $ | 111,086 |  |  | $ | 34,736 |  |  | $ | 129,167 |
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount | The sources and tax effects of the differences, including the impact of establishing tax contingency accruals, are as follows:
|  | Fiscal Year Ended |
|  | December 26, 2020 |  |  | December 28, 2019 |  |  | December 29, 2018 |
Federal income tax expense at U.S. statutory rate |  | $ | 231,718 |  |  | $ | 207,317 |  |  | $ | 172,882 |
State income tax (benefit) expense, net of federal tax effect |  |  | (3,404 | ) |  |  | 7,827 |  |  |  | 5,339 |
Foreign-Derived Intangible Income Deduction |  |  | — |  |  |  | (4,966 | ) |  |  | (4,666 | )
Foreign tax rate differential |  |  | (98,130 | ) |  |  | (57,302 | ) |  |  | (38,563 | )
Other foreign taxes less incentives and credits |  |  | 3,446 |  |  |  | 6,360 |  |  |  | (12,841 | )
Withholding Tax |  |  | 17,026 |  |  |  | 32,162 |  |  |  | 33,306 |
Net Change in Uncertain Tax Positions |  |  | (21,391 | ) |  |  | (17,259 | ) |  |  | (13,728 | )
Federal Research and Development Credit |  |  | (21,342 | ) |  |  | (19,338 | ) |  |  | (16,562 | )
Share Based Compensation |  |  | (6,114 | ) |  |  | (6,169 | ) |  |  | (2,747 | )
Switzerland Tax Reform |  |  | 11,016 |  |  |  | (117,989 | ) |  |  | — |
Other, net |  |  | (1,739 | ) |  |  | 4,093 |  |  |  | 6,747 |
Income tax expense (benefit) |  | $ | 111,086 |  |  | $ | 34,736 |  |  | $ | 129,167 |
Schedule of Deferred Tax Assets and Liabilities | Significant components of the Company’s deferred tax assets and liabilities are as follows:
|  | December 26, 2020 |  |  | December 28, 2019 |
Deferred tax assets: |  |  |  |  |  |  |  |
Product warranty accruals |  | $ | 10,500 |  |  | $ | 2,652 |
Allowance for doubtful accounts |  |  | 4,874 |  |  |  | 3,981 |
Inventory reserves |  |  | 7,211 |  |  |  | 7,187 |
Sales program allowances |  |  | 1,289 |  |  |  | 1,185 |
Reserve for sales returns |  |  | 2,196 |  |  |  | 1,732 |
Accrued vacation |  |  | 11,438 |  |  |  | 9,079 |
Other accruals |  |  | 10,587 |  |  |  | 4,320 |
Share based compensation |  |  | 10,201 |  |  |  | 7,501 |
Tax credit carryforwards |  |  | 18,523 |  |  |  | 11,164 |
Intangible assets |  |  | 212,695 |  |  |  | 250,313 |
Net operating losses |  |  | 5,566 |  |  |  | 1,981 |
Benefit related to uncertain tax positions |  |  | 5,239 |  |  |  | 6,095 |
Operating leases |  |  | 15,578 |  |  |  | 12,711 |
Deferred revenue |  |  | 26,199 |  |  |  | — |
Other |  |  | 1,883 |  |  |  | 1,755 |
Valuation allowance related to loss carryforward and tax credits |  |  | (10,853 | ) |  |  | (4,562 | )
|  | $ | 333,126 |  |  | $ | 317,094 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Fixed assets |  |  | 37,359 |  |  |  | 33,754 |
Operating leases |  |  | 15,343 |  |  |  | 12,473 |
Prepaid and perpetual license assets |  |  | 22,166 |  |  |  | — |
Other prepaid expenses |  |  | 2,564 |  |  |  | 1,849 |
Capitalized preproduction design and development costs |  |  | 8,408 |  |  |  | — |
Book basis in excess of tax basis for acquired entities |  |  | 33,154 |  |  |  | 22,488 |
Withholding tax |  |  | 83,329 |  |  |  | 91,966 |
Deferred revenue |  |  | — |  |  |  | 800 |
Other |  |  | 2,192 |  |  |  | — |
|  | $ | 204,515 |  |  | $ | 163,330 |
Net deferred tax assets |  | $ | 128,611 |  |  | $ | 153,764 |
Schedule of Gross Unrecognized Tax Benefits | The total amount of gross unrecognized tax benefits, as of December 26, 2020 was $84,985. A reconciliation of the beginning and ending amount of gross unrecognized tax benefits for years ended December 26, 2020, December 28, 2019, and December 29, 2018 is as follows:
|  | December 26, 2020 |  |  | December 28, 2019 |  |  | December 29, 2018 |
Balance beginning of year |  | $ | 101,251 |  |  | $ | 118,287 |  |  | $ | 130,798 |
Additions based on tax positions related to prior years |  |  | 10,480 |  |  |  | 398 |  |  |  | 1,138 |
Reductions based on tax positions related to prior years |  |  | (4,169 | ) |  |  | (6,556 | ) |  |  | (5,340 | )
Additions based on tax positions related to current period |  |  | 16,859 |  |  |  | 13,806 |  |  |  | 19,368 |
Reductions related to settlements with tax authorities |  |  | (935 | ) |  |  | (218 | ) |  |  | (527 | )
Expiration of statute of limitations |  |  | (38,501 | ) |  |  | (24,466 | ) |  |  | (27,150 | )
Balance at end of year |  | $ | 84,985 |  |  | $ | 101,251 |  |  | $ | 118,287 |

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