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Income Taxes (Tables) | 12 Months Ended
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Dec. 30, 2023
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 30, 2023 |  |  | December 31, 2022 |  |  | December 25, 2021 |
U.S. federal: |  |  |  |  |  |  |  |  |
Current |  | $ | 25,985 |  |  | $ | 45,639 |  |  | $ | (13,096 | )
Deferred |  |  | (122,291 | ) |  |  | (149,734 | ) |  |  | (42,625 | )
|  | $ | (96,306 | ) |  | $ | (104,095 | ) |  | $ | (55,721 | )
U.S. state: |  |  |  |  |  |  |  |  |
Current |  | $ | 6,755 |  |  | $ | 12,870 |  |  | $ | (5,876 | )
Deferred |  |  | (26,602 | ) |  |  | (29,160 | ) |  |  | (8,132 | )
|  | $ | (19,847 | ) |  | $ | (16,290 | ) |  | $ | (14,008 | )
Foreign: |  |  |  |  |  |  |  |  |
Current |  | $ | 217,706 |  |  | $ | 175,335 |  |  | $ | 149,012 |
Deferred |  |  | (190,833 | ) |  |  | 36,439 |  |  |  | 45,313 |
|  | $ | 26,873 |  |  | $ | 211,774 |  |  | $ | 194,325 |
Total |  | $ | (89,280 | ) |  | $ | 91,389 |  |  | $ | 124,596 |
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate | The sources and tax effects of the differences, including the impact of establishing tax contingency accruals, are as follows:
|  | Fiscal Year Ended |
|  | December 30, 2023 |  |  | December 31, 2022 |  |  | December 25, 2021 |
Federal income tax expense at U.S. statutory rate |  | $ | 252,095 |  |  | $ | 223,658 |  |  | $ | 253,429 |
State income tax (benefit) expense, net of federal tax effect |  |  | (23,045 | ) |  |  | (21,064 | ) |  |  | (12,198 | )
Foreign-derived intangible income (FDII) deduction |  |  | (6,432 | ) |  |  | (12,343 | ) |  |  | — |
Foreign tax rate differential |  |  | (129,733 | ) |  |  | (114,599 | ) |  |  | (117,586 | )
Other foreign taxes, net of incentives and credits |  |  | 18,351 |  |  |  | 24,273 |  |  |  | 29,240 |
Withholding tax |  |  | 24,497 |  |  |  | 27,041 |  |  |  | 22,992 |
Net change in uncertain tax positions |  |  | (13,157 | ) |  |  | (14,381 | ) |  |  | (17,087 | )
U.S. federal research and development credit |  |  | (31,849 | ) |  |  | (29,384 | ) |  |  | (22,764 | )
Stock-based compensation |  |  | (851 | ) |  |  | 30 |  |  |  | (6,362 | )
Switzerland deferred tax assets |  |  | (181,410 | ) |  |  | 7,168 |  |  |  | (177 | )
Other, net |  |  | 2,254 |  |  |  | 990 |  |  |  | (4,891 | )
Income tax expense |  | $ | (89,280 | ) |  | $ | 91,389 |  |  | $ | 124,596 |
Schedule of Deferred Tax Assets and Liabilities | Significant components of the Company’s deferred tax assets and liabilities are as follows:
|  | December 30, 2023 |  |  | December 31, 2022 |
Deferred tax assets: |  |  |  |  |  |
Capitalized research & development expenses |  | $ | 385,916 |  |  | $ | 231,429 |
Intangible assets |  |  | 321,500 |  |  |  | 156,702 |
Tax credit carryforwards |  |  | 33,527 |  |  |  | 19,950 |
Operating leases |  |  | 27,987 |  |  |  | 30,310 |
Tax basis in excess of book basis for investments |  |  | 18,939 |  |  |  | 27,227 |
Deferred revenue |  |  | 17,815 |  |  |  | 18,327 |
Net operating losses |  |  | 16,066 |  |  |  | 4,955 |
Accrued paid time off |  |  | 15,591 |  |  |  | 14,986 |
Product warranty accruals |  |  | 12,631 |  |  |  | 12,111 |
Stock-based compensation |  |  | 10,880 |  |  |  | 8,667 |
Other |  |  | 25,231 |  |  |  | 18,259 |
Valuation allowance related to loss carryforward and tax credits |  |  | (12,870 | ) |  |  | (17,077 | )
|  | $ | 873,213 |  |  | $ | 525,846 |
Deferred tax liabilities: |  |  |  |  |  |
Withholding tax |  |  | 107,352 |  |  |  | 108,692 |
Property and equipment |  |  | 68,557 |  |  |  | 40,526 |
Operating leases |  |  | 27,432 |  |  |  | 29,756 |
Book basis in excess of tax basis for acquired entities |  |  | 18,596 |  |  |  | 21,970 |
Prepaid and perpetual license assets |  |  | 10,051 |  |  |  | 11,798 |
Other |  |  | 1,272 |  |  |  | 1,998 |
|  | $ | 233,260 |  |  | $ | 214,740 |
Net deferred tax assets |  | $ | 639,953 |  |  | $ | 311,106 |
Schedule of Gross Unrecognized Tax Benefits | The total amount of gross unrecognized tax benefits as of December 30, 2023 was $13,571. A reconciliation of the beginning and ending amount of gross unrecognized tax benefits for years ended December 30, 2023, December 31, 2022, and December 25, 2021 is as follows:
|  | December 30, 2023 |  |  | December 31, 2022 |  |  | December 25, 2021 |
Balance beginning of year |  | $ | 30,795 |  |  | $ | 65,216 |  |  | $ | 84,985 |
Additions based on tax positions related to prior years |  |  | — |  |  |  | — |  |  |  | — |
Reductions based on tax positions related to prior years |  |  | (3,450 | ) |  |  | (6,363 | ) |  |  | (4,727 | )
Additions based on tax positions related to current period |  |  | 450 |  |  |  | 2,368 |  |  |  | 4,272 |
Reductions related to settlements with tax authorities |  |  | — |  |  |  | (15,476 | ) |  |  | — |
Expiration of statute of limitations |  |  | (14,224 | ) |  |  | (14,950 | ) |  |  | (19,314 | )
Balance at end of year |  | $ | 13,571 |  |  | $ | 30,795 |  |  | $ | 65,216 |

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