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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 29, 2019
Income Taxes [Abstract] |
Reconciliation of accounting profit multiplied by applicable tax rates and average effective tax rate | The reasons for the difference and the related tax effects are as follows:
|  | 2019 |  |  | 2018 |
Earnings before income taxes | $ | 249,825 |  |  | $ | 372,134 |
Applicable statutory tax rate | 26.6 | % |  | 26.6 | %
Income taxes at applicable statutory rate | 66,404 |  |  | 98,913 |
(Decrease) increase in income taxes resulting from: |  |  |
| Effect of different tax rates on earnings of foreign subsidiaries | (79,229 | ) |  | (96,013 | )
| Income tax recovery and other adjustments related to prior taxation years | 197 |  |  | 979 |
| Effect of changes in tax rates | — |  |  | 2,048 |
| Recognition of previously de-recognized tax benefits related to tax losses and temporary differences | (19,211 | ) |  | — |
| Non-recognition of tax benefits related to tax losses and temporary differences | 16,877 |  |  | 17,169 |
| Effect of non-deductible expenses and other | 4,978 |  |  | (1,736 | )
Total income tax expense | $ | (9,984 | ) |  | $ | 21,360 |
Average effective tax rate | (4.0 | )% |  | 5.7 | %
Major components of tax expense (income) | The details of income tax expense are as follows:
|  | 2019 |  |  | 2018 |
Current income taxes, includes an expense of $99 |  |  |
(2018 - $3,535) relating to prior taxation years | $ | 13,639 |  |  | $ | 12,488 |
Deferred income taxes: |  |  |
| Changes in tax rates | — |  |  | 2,048 |
| Origination and reversal of temporary differences | (21,387 | ) |  | (7,789 | )
| Recognition of previously de-recognized tax benefits related to tax losses and temporary differences | (19,211 | ) |  | — |
| Non-recognition of tax benefits related to tax losses and temporary differences | 16,877 |  |  | 17,169 |
| Adjustments relating to prior taxation years | 98 |  |  | (2,556 | )
| (23,623 | ) |  | 8,872 |
Total income tax expense | $ | (9,984 | ) |  | $ | 21,360 |
Disclosure of temporary difference, unused tax losses and unused tax credits | Significant components of the Company’s deferred income tax assets and liabilities relate to the following temporary differences and unused tax losses:
|  | December 29, 2019 |  |  | December 30, 2018 |
Deferred income tax assets: |  |  |
| Non-capital losses | $ | 99,504 |  |  | $ | 85,800 |
| Non-deductible reserves and accruals | 12,502 |  |  | 11,395 |
| Property, plant and equipment | 12,439 |  |  | 9,227 |
| Other items | 8,259 |  |  | 6,039 |
|  | 132,704 |  |  | 112,461 |
| Unrecognized deferred income tax assets | (83,390 | ) |  | (85,724 | )
Deferred income tax assets | $ | 49,314 |  |  | $ | 26,737 |
Deferred income tax liabilities: |  |  |
| Property, plant and equipment | $ | (30,165 | ) |  | $ | (29,095 | )
| Intangible assets | (9,232 | ) |  | (10,265 | )
Deferred income tax liabilities | $ | (39,397 | ) |  | $ | (39,360 | )
Deferred income taxes | $ | 9,917 |  |  | $ | (12,623 | )
The details of changes to deferred income tax assets and liabilities were as follows:
|  | 2019 |  |  | 2018 |
Balance, beginning of fiscal year, net | $ | (12,623 | ) |  | $ | (3,713 | )
Recognized in the statements of earnings: |  |  |
| Non-capital losses | 14,804 |  |  | 10,367 |
| Non-deductible reserves and accruals | 1,107 |  |  | 5,683 |
| Property, plant and equipment | 2,142 |  |  | (5,267 | )
| Intangible assets | 1,033 |  |  | 94 |
| Other | 2,203 |  |  | (532 | )
| Changes in tax rates | — |  |  | (2,048 | )
| Unrecognized deferred income tax assets | 2,334 |  |  | (17,169 | )
|  | 23,623 |  |  | (8,872 | )
Business acquisitions | (1,100 | ) |  | — |
Other | 17 |  |  | (38 | )
Balance, end of fiscal year, net | $ | 9,917 |  |  | $ | (12,623 | )

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