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Income Taxes (Tables) | 12 Months Ended
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Jan. 02, 2016
Schedule of Components of Income Tax Expense (Benefit) | The following tables summarize the Company’s consolidated provision for US federal, state and foreign taxes on income:
|  | January 2, 2016 |  |  | January 3, 2015 |  |  | December 28, 2013 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
US federal |  | $ | (6,862 | ) |  | $ | 12,904 |  |  | $ | 60,030 |
State |  |  | 1,859 |  |  |  | (131 | ) |  |  | 9,583 |
Foreign |  |  | 15,740 |  |  |  | 24,059 |  |  |  | 25,647 |
|  | $ | 10,737 |  |  | $ | 36,832 |  |  | $ | 95,260 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
US federal |  | $ | 10,756 |  |  | $ | 25,162 |  |  | $ | 30,513 |
State |  |  | 1,890 |  |  |  | 2,876 |  |  |  | 3,487 |
Foreign |  |  | (548 | ) |  |  | 1,061 |  |  |  | 358 |
|  | $ | 12,098 |  |  | $ | 29,099 |  |  | $ | 34,358 |
Total tax provision |  | $ | 22,835 |  |  | $ | 65,931 |  |  | $ | 129,618 |
Schedule of Income before Income Tax, Domestic and Foreign | The components of the Company’s consolidated income before income taxes consist of the following:
|  | January 2, 2016 |  |  | January 3, 2015 |  |  | December 28, 2013 |
Domestic |  | $ | 6,299 |  |  | $ | 88,024 |  |  | $ | 248,637 |
Foreign |  |  | 49,315 |  |  |  | 95,640 |  |  |  | 83,723 |
|  | $ | 55,614 |  |  | $ | 183,664 |  |  | $ | 332,360 |
Schedule of Effective Income Tax Rate Reconciliation | The difference between the US federal statutory tax rate and the Company’s consolidated effective tax rate is as follows:
|  | January 2, 2016 |  |  | January 3, 2015 |  |  | December 28, 2013 |
US federal statutory rate |  |  | 35.0 | % |  |  | 35.0 | % |  |  | 35.0 | %
States income taxes (net of federal benefit) |  |  | 3.8 |  |  |  | 1.3 |  |  |  | 2.7 |
Reserves for uncertain tax positions |  |  | 3.5 |  |  |  | 0.4 |  |  |  | (0.1 | )
Foreign taxes |  |  | (0.4 | ) |  |  | (0.6 | ) |  |  | 0.4 |
(Decrease) increase in valuation allowance |  |  | (2.2 | ) |  |  | 1.7 |  |  |  | 0.9 |
Loss on closure of China |  |  | 0.0 |  |  |  | (2.1 | ) |  |  | 0.0 |
Other |  |  | 1.4 |  |  |  | 0.2 |  |  |  | 0.1 |
Effective tax rate |  |  | 41.1 | % |  |  | 35.9 | % |  |  | 39.0 | %
Schedule of Deferred Tax Assets and Liabilities | The deferred tax assets and liabilities recorded on the Company’s consolidated balance sheets are as follows:
|  | January 2, 2016 |  |  | January 3, 2015 |
Provision for estimated expenses |  | $ | 4,638 |  |  | $ | 7,863 |
Depreciation |  |  | 4,164 |  |  |  | 0 |
Operating loss carryforwards |  |  | 34,285 |  |  |  | 37,746 |
Salaries and wages |  |  | 641 |  |  |  | 9,567 |
Share-based compensation |  |  | 14,330 |  |  |  | 6,653 |
Other |  |  | 8,024 |  |  |  | 6,922 |
Other comprehensive income |  |  | 24,778 |  |  |  | 13,060 |
Less: valuation allowance |  |  | (28,279 | ) |  |  | (34,640 | )
Total deferred tax assets |  | $ | 62,581 |  |  | $ | 47,171 |
Depreciation |  | $ | 0 |  |  | $ | (6,482 | )
Other |  |  | (1,823 | ) |  |  | (3,123 | )
Amortization |  |  | (210,901 | ) |  |  | (188,745 | )
Total deferred tax liabilities |  | $ | (212,724 | ) |  | $ | (198,350 | )
Net deferred tax liabilities |  | $ | (150,143 | ) |  | $ | (151,179 | )
Reconciliation of Unrecognized Tax Benefits | A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:
|  | January 2, 2016 |  |  | January 3, 2015 |  |  | December 28, 2013 |
Balance at beginning of year |  | $ | 6,268 |  |  | $ | 5,784 |  |  | $ | 5,319 |
Additions based on tax positions related to the current year |  |  | 2,106 |  |  |  | 1,304 |  |  |  | 1,428 |
Reductions for tax positions of prior years |  |  | (676 | ) |  |  | (820 | ) |  |  | (963 | )
Balance at end of year |  | $ | 7,698 |  |  | $ | 6,268 |  |  | $ | 5,784 |

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- 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
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- 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
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- 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
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- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + 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.(h)(1)(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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- Definition Tabular disclosure of the change in unrecognized tax benefits, excluding amounts pertaining to examined tax returns. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=6907707&loc=SL6600010-109319 + Details
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