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Income Taxes (Tables)

12 Months Ended

Dec. 28, 2024

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 28, 2024				December 30, 2023				December 31, 2022
U.S. federal:
Current		$	99,298			$	25,985			$	45,639
Deferred			(139,176	)			(122,291	)			(149,734	)
		$	(39,878	)		$	(96,306	)		$	(104,095	)
U.S. state:
Current		$	17,267			$	6,755			$	12,870
Deferred			(19,208	)			(26,602	)			(29,160	)
		$	(1,941	)		$	(19,847	)		$	(16,290	)
Foreign:
Current		$	257,043			$	217,706			$	175,335
Deferred			68,741				(190,833	)			36,439
		$	325,784			$	26,873			$	211,774
Total		$	283,965			$	(89,280	)		$	91,389

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 28, 2024				December 30, 2023				December 31, 2022
Federal income tax expense at U.S. statutory rate		$	356,034			$	252,095			$	223,658
State income tax benefit, net of federal tax effect			(7,614	)			(23,045	)			(21,064	)
Foreign-derived intangible income (FDII) deduction			(13,751	)			(6,432	)			(12,343	)
Foreign tax rate differential			(70,696	)			(129,733	)			(114,599	)
Other foreign taxes, net of incentives and credits			39,088				18,351				24,273
Withholding tax			29,833				24,497				27,041
Net change in uncertain tax positions			(5,630	)			(13,157	)			(14,381	)
U.S. federal research and development credit			(38,227	)			(31,849	)			(29,384	)
Stock-based compensation			(9,126	)			(851	)			30
Switzerland deferred tax assets			190				(181,410	)			7,168
Other, net			3,864				2,254				990
Income tax expense (benefit)		$	283,965			$	(89,280	)		$	91,389

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets and liabilities are as follows:

		December 28, 2024				December 30, 2023
Deferred tax assets:
Capitalized research & development expenses		$	533,252			$	385,916
Intangible assets			251,274				321,500
Tax credit carryforwards			29,162				33,527
Operating leases			43,170				27,987
Tax basis in excess of book basis for investments			13,345				18,939
Deferred revenue			15,580				17,815
Net operating losses			22,577				16,066
Accrued paid time off			16,281				15,591
Product warranty accruals			14,177				12,631
Stock-based compensation			17,046				10,880
Other			23,557				25,231
Valuation allowance related to loss carryforward and tax credits			(13,906	)			(12,870	)
		$	965,515			$	873,213
Deferred tax liabilities:
Withholding tax			107,162				107,352
Property and equipment			67,006				68,557
Operating leases			42,948				27,432
Book basis in excess of tax basis for acquired entities			15,443				18,596
Prepaid and perpetual license assets			9,840				10,051
Other			3,869				1,272
		$	246,268			$	233,260
Net deferred tax assets		$	719,247			$	639,953

Schedule of Gross Unrecognized Tax Benefits

The total amount of gross unrecognized tax benefits as of December 28, 2024 was $5,295. A reconciliation of the beginning and ending amount of gross unrecognized tax benefits for years ended December 28, 2024, December 30, 2023, and December 31, 2022 is as follows:

		December 28, 2024				December 30, 2023				December 31, 2022
Balance beginning of year		$	13,571			$	30,795			$	65,216
Additions based on tax positions related to prior years			—				—				—
Reductions based on tax positions related to prior years			(6,124	)			(3,450	)			(6,363	)
Additions based on tax positions related to current period			584				450				2,368
Reductions related to settlements with tax authorities			—				—				(15,476	)
Expiration of statute of limitations			(2,736	)			(14,224	)			(14,950	)
Balance at end of year		$	5,295			$	13,571			$	30,795

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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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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Tabular disclosure of the change in unrecognized tax benefits.

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