XML 54 R38.htm IDEA: XBRL DOCUMENT v3.10.0.1

Income Taxes (Tables)

12 Months Ended

Dec. 28, 2018

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

2018, 2017 and 2016 consisted of the following (in thousands):

	2018				2017				2016
U.S.	$	(4,273	)		$	306			$	(12,547	)
International	65,389				48,953				40,712
Total income before income taxes from continuing operations	$	61,116			$	49,259			$	28,165

Schedule of Components of Income Tax Expense (Benefit)

The provision (benefit) for income taxes from continuing operations for fiscal years 2018, 2017 and 2016 was comprised of the following from continuing operations (in thousands):

	2018				2017				2016
Current:
Federal	$	80			$	(1,558	)		$	(8,327	)
State	166				(29		)		149
International	9,490				8,539				7,230
	9,736				6,952				(948		)
Deferred:
Federal	6,610				(45,114		)		5,457
State	103				(295		)		527
International	(2,366		)		629				(1,749		)
	4,347				(44,780		)		4,235
Total provision (benefit) for income taxes	$	14,083			$	(37,828	)		$	3,287

Schedule of Effective Income Tax Rate Reconciliation

The provision (benefit) for income taxes from continuing operations differs from the U.S. statutory rate for fiscal years 2018, 2017 and 2016 due to the following:

	2018						2017						2016
Statutory rate	$	12,834		21.0	%		$	17,240		35.0	%		$	9,858		35.0	%
Federal tax credits	(1,700		)	(2.8	)		(1,674		)	(3.4	)		(1,570		)	(5.6	)
Foreign rate differential	(6,040		)	(9.9	)		(12,934		)	(26.3	)		(9,665		)	(34.3	)
Uncertain tax positions	147			0.2			34			0.1			219			0.8
State taxes, net of federal benefit	975			1.6			(543		)	(1.1	)		(311		)	(1.1	)
U.S. tax on foreign earnings	10,473			17.1			1,471			3.0			1,508			5.4
Valuation allowance	(567		)	(0.9	)		1,030			2.1			1,273			4.5
Tax Reform Act	11			—			(39,394		)	(80.0	)		—			—
Change in tax rates	—			—			—			—			(270		)	(1.0	)
Non-deductible transaction costs	—			—			—			—			1,012			3.6
Change in tax law (Internal Revenue Code §987)	—			—			—			—			2,630			9.3
Other	(2,050		)	(3.3	)		(3,058		)	(6.2	)		(1,397		)	(5.0	)
Effective tax rate	$	14,083		23.0	%		$	(37,828	)	(76.8	)%		$	3,287		11.7	%

Schedule of Deferred Tax Assets and Liabilities

erred tax liability, including discontinued operations at December 29, 2017, consists of the following (in thousands):

	December 28, 2018				December 29, 2017
Net operating loss carryforwards	$	18,088			$	107,005
Tax credit carryforwards	24,593				28,215
Inventories	3,408				4,956
Accrued expenses	39				3,815
Stock-based compensation	2,340				5,531
Gross deferred tax assets	48,468				149,522
Less valuation allowance	(34,339		)		(36,480		)
Net deferred tax assets	14,129				113,042
Property, plant and equipment	(9,445		)		(27,547		)
Intangible assets	(198,648		)		(219,576		)
Convertible subordinated notes	—				(806		)
Other	(6,009		)		(6,325		)
Gross deferred tax liabilities	(214,102		)		(254,254		)
Net deferred tax liability	$	(199,973	)		$	(141,212	)
Presented as follows:
Noncurrent deferred tax asset	$	3,937			$	4,152
Noncurrent deferred tax liability	(203,910		)		(145,364		)
Net deferred tax liability	$	(199,973	)		$	(141,212	)

Schedule of Deferred Tax Liabilities by Balance Sheet Account [Table Text Block]

The components of the net deferred tax liability, by balance sheet account, were as follows:

	December 28, 2018				December 29, 2017
Deferred income tax asset	$	3,937			$	3,451
Noncurrent assets of discontinued operations held for sale	—				701
Deferred income tax liabilities	(203,910		)		(140,964		)
Noncurrent liabilities of discontinued operations held for sale	—				(4,400		)
Net deferred tax liability	$	(199,973	)		$	(141,212	)

Summary of Operating Loss and Tax Credit Carryforwards

As of December 28, 2018, the Company has the following carryforwards available:

Jurisdiction		Tax Attribute		Amount (in millions)				Begin to Expire
U.S. Federal		Net operating loss		$	39.1			2034
U.S. State		Net operating loss		130.6				2019
International		Net operating loss		31.1				2019
U.S. Federal		Foreign tax credit		17.0				2019
U.S. Federal and State		R&D tax credit		3.6				2019
U.S. State		Investment tax credit		6.8				2019

Summary of Income Tax Contingencies

Below is a summary of changes to the unrecognized tax benefit for fiscal years 2018, 2017 and 2016. The amounts for 2016 and 2017 include discontinued operations. The amounts for 2018 reflect discontinued operations through the date of divestiture of the AS&O product line, which is reflected in the table below as a reduction during 2018 (in thousands):

	2018				2017				2016
Balance, beginning of year	$	12,088			$	10,561			$	9,271
Additions based upon tax positions related to the current year	300				3,833				1,450
Additions (reductions) related to prior period tax returns	(75		)		(14		)		240
Reductions relating to settlements with tax authorities	(98		)		—				—
Reductions relating to divestiture	(6,846		)		—				—
Reductions as a result of a lapse of applicable statute of limitations	—				(510		)		—
Revaluation due to change in tax rate (Tax Reform Act)	—				(1,782		)		—
Reductions relating to business combinations	—				—				(400		)
Balance, end of year	$	5,369			$	12,088			$	10,561

X

- Definition

[Table Text Block] for Schedule of Deferred Tax Liabilities by Balance Sheet Account [Table]

+ References

No definition available.

+ Details

Name:	gb_ScheduleofDeferredTaxLiabilitiesbyBalanceSheetAccountTableTextBlock
Namespace Prefix:	gb_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of pertinent information, such as tax authority, amounts, and expiration dates, of net operating loss carryforwards and tax credit carryforwards, including an assessment of the likelihood of utilization.

+ References

No definition available.

+ Details

Name:	gb_SummaryOfOperatingLossAndTaxCreditCarryforwardsTableTextBlock
Namespace Prefix:	gb_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h)(1)(i))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15A
-URI http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32718-109319

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32840-109319

+ Details

Name:	us-gaap_SummaryOfIncomeTaxContingenciesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration