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Note D - Income Taxes (Tables) | 12 Months Ended
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Jan. 02, 2021
Notes Tables |
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] |
|  | Year Ended |
|  | 2020 |  |  | 2019 |  |  | 2018 |
U.S. |  | $ | 18,838 |  |  | $ | 111 |  |  | $ | 1,475 |
Foreign |  |  | 159,110 |  |  |  | 150,385 |  |  |  | 190,035 |
Total earnings before income taxes |  | $ | 177,948 |  |  | $ | 150,496 |  |  | $ | 191,510 |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
|  | Year Ended |
|  | 2020 |  |  | 2019 |  |  | 2018 |
Current |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | 306 |  |  | $ | - |  |  | $ | - |
State |  |  | 303 |  |  |  | 303 |  |  |  | 337 |
Foreign |  |  | 55,147 |  |  |  | 53,281 |  |  |  | 64,342 |
Total Current |  |  | 55,756 |  |  |  | 53,584 |  |  |  | 64,679 |
Deferred |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | 1,317 |  |  |  | (3,120 | ) |  |  | (613 | )
State |  |  | (47 | ) |  |  | (42 | ) |  |  | 24 |
Foreign |  |  | (3,742 | ) |  |  | (452 | ) |  |  | 1,196 |
Total Deferred |  |  | (2,472 | ) |  |  | (3,614 | ) |  |  | 607 |
|  | $ | 53,284 |  |  | $ | 49,970 |  |  | $ | 65,286 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|  | Year Ended |
|  | 2020 |  |  | 2019 |  |  | 2018 |
Statutory U.S. federal income tax rate |  |  | 21.0 | % |  |  | 21.0 | % |  |  | 21.0 | %
State income taxes, net of federal tax benefit |  |  | 0.3 |  |  |  | 0.3 |  |  |  | 0.3 |
Permanent tax differences |  |  | 0.2 |  |  |  | - |  |  |  | 0.4 |
Excess foreign tax credits |  |  | (9.9 | ) |  |  | (13.0 | ) |  |  | (14.7 | )
Net increase in valuation allowance |  |  | 8.2 |  |  |  | 11.7 |  |  |  | 15.8 |
Foreign income tax rate differences |  |  | 1.7 |  |  |  | 4.3 |  |  |  | 4.2 |
Foreign withholding taxes |  |  | 7.7 |  |  |  | 8.6 |  |  |  | 8.1 |
Uncertain tax position reserve |  |  | 0.8 |  |  |  | 0.4 |  |  |  | - |
All other, net |  |  | (0.1 | ) |  |  | (0.1 | ) |  |  | (1.0 | )
|  |  | 29.9 | % |  |  | 33.2 | % |  |  | 34.1 | %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | January 2, |  |  | December 28, |
|  | 2021 |  |  | 2019 |
Deferred tax assets |  |  |  |  |  |  |  |
Inventory |  | $ | 3,150 |  |  | $ | 3,281 |
Accruals not currently deductible |  |  | 12,748 |  |  |  | 4,315 |
Equity-based compensation expense |  |  | 2,982 |  |  |  | 5,811 |
Property and equipment |  |  | 1,129 |  |  |  | 1,088 |
Intangible assets |  |  | 7,691 |  |  |  | 7,454 |
Foreign currency translation |  |  | - |  |  |  | 537 |
Tax credit carry forwards |  |  | 76,929 |  |  |  | 60,697 |
Net operating losses |  |  | 2,071 |  |  |  | 1,551 |
Other |  |  | 4,061 |  |  |  | 4,358 |
Gross deferred tax assets |  |  | 110,761 |  |  |  | 89,092 |
Valuation allowance |  |  | (81,401 | ) |  |  | (64,285 | )
Net deferred tax assets |  |  | 29,360 |  |  |  | 24,807 |
Deferred tax liabilities |  |  |  |  |  |  |  |
Property and equipment |  |  | (4,900 | ) |  |  | (5,006 | )
Foreign currency translation |  |  | (1,691 | ) |  |  | - |
Prepaid expenses |  |  | (4,043 | ) |  |  | (1,722 | )
Intangible assets |  |  | (7,691 | ) |  |  | (7,454 | )
Withholding tax on unremitted earnings |  |  | (14,589 | ) |  |  | (12,914 | )
Other |  |  | (3,815 | ) |  |  | (4,903 | )
Gross deferred tax liabilities |  |  | (36,729 | ) |  |  | (31,999 | )
Net deferred taxes |  | $ | (7,369 | ) |  | $ | (7,192 | )
|  | January 2, |  |  | December 28, |
|  | 2021 |  |  | 2019 |
Net deferred tax assets |  | $ | 4,640 |  |  | $ | 3,090 |
Net deferred tax liabilities |  |  | (12,009 | ) |  |  | (10,282 | )
Net deferred taxes |  | $ | (7,369 | ) |  | $ | (7,192 | )
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] |
|  | Year Ended |
|  | 2020 |  |  | 2019 |  |  | 2018 |
Beginning balance of unrecognized tax benefits |  | $ | 560 |  |  | $ | 282 |  |  | $ | - |
Increases related to prior year tax positions |  |  | 775 |  |  |  | 278 |  |  |  | 282 |
Increases related to current year tax positions |  |  | 753 |  |  |  | - |  |  |  | - |
Decreases for settlements with taxing authorities |  |  | (560 | ) |  |  | - |  |  |  | - |
Ending balance of unrecognized tax benefits |  | $ | 1,528 |  |  | $ | 560 |  |  | $ | 282 |

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