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Income Taxes (Tables) | 12 Months Ended
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Dec. 28, 2019
Income Tax Disclosure [Abstract] |
Components of Income from Continuing Operations Before Income Taxes | The components of income before provision for income taxes are as follows:
(In thousands) |  | December 28, 2019 |  | December 29, 2018 |  | December 30, 2017
Domestic |  | $ | 93 |  |  | $ | (397 | ) |  | $ | 2,797 |
Foreign |  | 68,829 |  |  | 79,925 |  |  | 54,856 |
|  | $ | 68,922 |  |  | $ | 79,528 |  |  | $ | 57,653 |
Components of the Provision for Income Taxes from Continuing Operations | The components of the provision for income taxes are as follows:
(In thousands) |  | December 28, 2019 |  | December 29, 2018 |  | December 30, 2017
Current (Benefit) Provision: |  |  |  |  |  |
Federal |  | $ | (264 | ) |  | $ | 724 |  |  | $ | 7,835 |
Foreign |  | 18,778 |  |  | 21,829 |  |  | 17,372 |
State |  | 335 |  |  | 169 |  |  | 285 |
|  | 18,849 |  |  | 22,722 |  |  | 25,492 |
Deferred (Benefit) Provision: |  |  |  |  |  |  |  |  |
Federal |  | (453 | ) |  | (2,551 | ) |  | 4,682 |
Foreign |  | (1,253 | ) |  | (1,761 | ) |  | (3,563 | )
State |  | (785 | ) |  | 72 |  |  | (541 | )
|  | (2,491 | ) |  | (4,240 | ) |  | 578 |
|  | $ | 16,358 |  |  | $ | 18,482 |  |  | $ | 26,070 |
Income Tax Reconciliation | The provision for income taxes in the accompanying statement of income differs from the provision calculated by applying the statutory federal income tax rate to income before provision for income taxes due to the following:
(In thousands) |  | December 28, 2019 |  | December 29, 2018 |  | December 30, 2017
Provision for Income Taxes at Statutory Rate (21% in 2019 and 2018 and 35% in 2017) |  | $ | 14,474 |  |  | $ | 16,701 |  |  | $ | 20,179 |
Increases (Decreases) Resulting From: |  |  |  |  |  |  |  |  |
State income taxes, net of federal tax |  | (355 | ) |  | 164 |  |  | 151 |
U.S. tax cost of foreign earnings |  | 146 |  |  | 1,215 |  |  | 761 |
Foreign tax rate differential |  | 2,584 |  |  | 3,158 |  |  | (3,747 | )
(Reversal of) provision for tax benefit reserves, net |  | (286 | ) |  | (1,785 | ) |  | 1,517 |
Change in valuation allowance |  | 81 |  |  | 141 |  |  | (341 | )
Nondeductible expenses |  | 2,454 |  |  | 781 |  |  | 1,177 |
Research and development tax credits |  | (381 | ) |  | (445 | ) |  | (297 | )
Excess tax benefit related to stock-based compensation |  | (3,352 | ) |  | (967 | ) |  | (581 | )
Impact of the U.S. Tax Cuts and Jobs Act |  | — |  |  | (106 | ) |  | 7,093 |
Other |  | 993 |  |  | (375 | ) |  | 158 |
|  | $ | 16,358 |  |  | $ | 18,482 |  |  | $ | 26,070 |
Net Deferred Tax (Liability) Asset | Net deferred tax liability in the accompanying consolidated balance sheet consists of the following:
(In thousands) |  | December 28, 2019 |  | December 29, 2018
Deferred Tax Asset: |  |  |  |
Foreign, state, and alternative minimum tax credit carryforwards |  | $ | 776 |  |  | $ | 184 |
Reserves and accruals |  | 3,007 |  |  | 3,555 |
Net operating loss carryforwards |  | 12,478 |  |  | 12,785 |
Inventory basis difference |  | 4,107 |  |  | 3,692 |
Capitalized research expenses |  | 2,813 |  |  | — |
Research and development |  | 65 |  |  | — |
Employee compensation |  | 3,630 |  |  | 4,382 |
Allowance for doubtful accounts |  | 351 |  |  | 482 |
Lease liabilities |  | 7,543 |  |  | — |
Other |  | 478 |  |  | 294 |
Deferred tax asset, gross |  | 35,248 |  |  | 25,374 |
Less: valuation allowance |  | (8,531 | ) |  | (9,946 | )
Deferred tax asset, net |  | 26,717 |  |  | 15,428 |
Deferred Tax Liability: |  |  |  |  |  |
Goodwill and intangible assets |  | (30,003 | ) |  | (28,060 | )
Fixed asset basis difference |  | (4,557 | ) |  | (3,565 | )
Provision for unremitted foreign earnings |  | (809 | ) |  | (1,124 | )
Research and development |  | — |  |  | (54 | )
ROU assets |  | (6,433 | ) |  | — |
Other |  | (943 | ) |  | (619 | )
Deferred tax liability |  | (42,745 | ) |  | (33,422 | )
Net deferred tax liability |  | $ | (16,028 | ) |  | $ | (17,994 | )
Unrecognized Tax Benefits | A reconciliation of the beginning and ending amount of unrecognized tax benefits at year-end 2019 and year-end 2018 is as follows:
(In thousands) |  | December 28, 2019 |  | December 29, 2018
Unrecognized Tax Benefits, Beginning of Year |  | $ | 12,364 |  |  | $ | 7,843 |
Gross Increases—Tax Positions in Prior Periods |  | 615 |  |  | 1,019 |
Gross Decreases—Tax Positions in Prior Periods |  | (4,373 | ) |  | (390 | )
Gross Increases—Current-period Tax Positions |  | 804 |  |  | 7,344 |
Settlements |  | — |  |  | (131 | )
Lapses of Statutes of Limitations |  | (1,094 | ) |  | (3,190 | )
Currency Translation |  | 15 |  |  | (131 | )
Unrecognized Tax Benefits, End of Year |  | $ | 8,331 |  |  | $ | 12,364 |

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