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Income Taxes (Tables)

12 Months Ended

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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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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