XML 35 R18.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Stockholders' Equity | 12 Months Ended
--- | ---
Dec. 31, 2016
Stockholders' Equity |
Stockholders' Equity | 11. Stockholders' Equity Common Stock The Company issued 1.1 million shares of common stock during fiscal 2016, including approximately 0.1 million shares in connection with the acquisition of Micrium. Share Repurchase Programs The Board of Directors authorized the following share repurchase programs (in thousands):
Program Authorization Date |  | Program Termination Date |  | Program Amount |
--- | --- | --- | --- | --- | ---
January 2017 |  | December 2017 |  | $ | 100,000 |
August 2015 |  | December 2016 |  | $ | 100,000 |
October 2014 |  | December 2015 |  | $ | 100,000 |
January 2014 |  | January 2015 |  | $ | 100,000 |
These programs allow for repurchases to be made in the open market or in private transactions, including structured or accelerated transactions, subject to applicable legal requirements and market conditions. The Company repurchased 0.9 million shares, 1.7 million shares and 1.7 million shares of its common stock for $40.5 million, $71.4 million and $71.7 million and during fiscal 2016, 2015 and 2014, respectively. These shares were retired upon repurchase. Accumulated Other Comprehensive Income (Loss) The components of accumulated other comprehensive income (loss), net of taxes, were as follows (in thousands):
|  | Unrealized Gain on Cash Flow Hedge |  | Net Unrealized Losses on Available- For-Sale Securities |  | Total |
--- | --- | --- | --- | --- | --- | --- | ---
Balance at December 28, 2013 |  | $ | 333 |  | $ | (1,017 | ) | $ | (684 | )
Other comprehensive income (loss) before reclassifications |  |  | (520 | ) |  | 720 |  |  | 200 |
Amount reclassified from accumulated other comprehensive income (loss) |  |  | 402 |  |  | — |  |  | 402 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net change for the period |  |  | (118 | ) |  | 720 |  |  | 602 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance at January 3, 2015 |  |  | 215 |  |  | (297 | ) |  | (82 | )
Other comprehensive income (loss) before reclassifications |  |  | (473 | ) |  | (276 | ) |  | (749 | )
Amount reclassified from accumulated other comprehensive income (loss) |  |  | 318 |  |  | 6 |  |  | 324 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net change for the period |  |  | (155 | ) |  | (270 | ) |  | (425 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance at January 2, 2016 |  |  | 60 |  |  | (567 | ) |  | (507 | )
Other comprehensive income (loss) before reclassifications |  |  | 953 |  |  | (116 | ) |  | 837 |
Amount reclassified from accumulated other comprehensive income (loss) |  |  | 162 |  |  | — |  |  | 162 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net change for the period |  |  | 1,115 |  |  | (116 | ) |  | 999 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance at December 31, 2016 |  | $ | 1,175 |  | $ | (683 | ) | $ | 492 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Reclassifications From Accumulated Other Comprehensive Income (Loss) The following table summarizes the effect on net income from reclassifications out of accumulated other comprehensive income (loss) (in thousands):
|  | Year ended |
--- | --- | --- | ---
Reclassification |  | December 31, 2016 |  | January 2, 2016 |  | January 3, 2015 |
Losses on cash flow hedges to: |  |  |  |  |  |  |  |  |  |
Interest expense |  | $ | (249 | ) | $ | (489 | ) | $ | (618 | )
Gains (losses) on available-for-sales securities to: |  |  |  |  |  |  |  |  |  |
Interest income |  |  | — |  |  | (10 | ) |  | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  |  | (249 | ) |  | (499 | ) |  | (618 | )
Income tax benefit |  |  | 87 |  |  | 175 |  |  | 216 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total reclassifications |  | $ | (162 | ) | $ | (324 | ) | $ | (402 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income Tax Allocated to the Components of Other Comprehensive Income (Loss) The income tax effects of the components of other comprehensive income (loss) were as follows (in thousands):
|  | Year ended |
--- | --- | --- | ---
Income tax (expense) benefit on: |  | December 31, 2016 |  | January 2, 2016 |  | January 3, 2015 |
Net changes to available-for-sale securities: |  |  |  |  |  |  |  |  |  |
Unrealized gains (losses) arising during the period |  | $ | 63 |  | $ | 149 |  | $ | (387 | )
Reclassification for losses included in net income |  |  | — |  |  | (4 | ) |  | — |
Net changes to cash flow hedges: |  |  |  |  |  |  |  |  |  |
Unrealized gains (losses) arising during the period |  |  | (513 | ) |  | 255 |  |  | 279 |
Reclassification for losses included in net income |  |  | (87 | ) |  | (171 | ) |  | (216 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  | $ | (537 | ) | $ | 229 |  | $ | (324 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(d),(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB TOPIC 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section C + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration