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Income Taxes (Tables) | 12 Months Ended
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Jan. 01, 2022
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) | The following tables summarize the Company’s consolidated provision for U.S. federal, state and foreign taxes on income:
|  | Fiscal Year Ended |
|  | January 1, |  |  | January 2, |  |  | December 28, |
|  | 2022 |  |  | 2021 |  |  | 2019 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
U.S. federal |  | $ | 38 |  |  | $ | (14,052 | ) |  | $ | 20,900 |
State |  |  | 1,055 |  |  |  | 4,421 |  |  |  | 1,873 |
Foreign |  |  | 24,245 |  |  |  | 28,533 |  |  |  | 18,164 |
|  | $ | 25,338 |  |  | $ | 18,902 |  |  | $ | 40,937 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
U.S. federal |  | $ | (8,510 | ) |  | $ | 94 |  |  | $ | (9,137 | )
State |  |  | (9,589 | ) |  |  | (2,835 | ) |  |  | (2,434 | )
Foreign |  |  | 2,534 |  |  |  | 1,301 |  |  |  | 2,147 |
|  | $ | (15,565 | ) |  | $ | (1,440 | ) |  | $ | (9,424 | )
Total tax provision |  | $ | 9,773 |  |  | $ | 17,462 |  |  | $ | 31,513 |
Schedule of Income before Income Tax, Domestic and Foreign | The components of the Company’s consolidated income before income taxes consist of the following:
|  | Fiscal Year Ended |
|  | January 1, |  |  | January 2, |  |  | December 28, |
|  | 2022 |  |  | 2021 |  |  | 2019 |
Domestic |  | $ | (27,763 | ) |  | $ | (10,467 | ) |  | $ | 75,932 |
Foreign |  |  | 104,428 |  |  |  | 102,970 |  |  |  | 75,028 |
|  | $ | 76,665 |  |  | $ | 92,503 |  |  | $ | 150,960 |
Summary of Differences Between U.S. Federal Statutory Tax Rate and Company's Consolidated Effective Tax Rate | The difference between the U.S. federal statutory tax rate and the Company’s consolidated effective tax rate is as follows:
|  | Fiscal Year Ended |
|  | January 1, |  |  | January 2, |  |  | December 28, |
|  | 2022 |  |  | 2021 |  |  | 2019 |
U.S. federal statutory tax rate |  |  | 21.0 | % |  |  | 21.0 | % |  |  | 21.0 | %
State income taxes (net of federal benefit) |  |  | (1.8 | %) |  |  | 1.0 | % |  |  | (0.3 | %)
Cessation of operations |  |  | 0.0 | % |  |  | 0.0 | % |  |  | (0.5 | %)
Research and development credit |  |  | (1.8 | %) |  |  | (2.2 | %) |  |  | (1.2 | %)
Tax windfall on share-based awards |  |  | (4.6 | %) |  |  | (4.3 | %) |  |  | (0.1 | %)
Reserves for uncertain tax positions |  |  | 0.2 | % |  |  | 0.9 | % |  |  | (0.9 | %)
Tax rate changes |  |  | (8.2 | %) |  |  | (1.2 | %) |  |  | 0.0 | %
Executive compensation limitation |  |  | 1.8 | % |  |  | 1.2 | % |  |  | 0.5 | %
GILTI |  |  | 0.0 | % |  |  | (8.2 | %) |  |  | 2.3 | %
FDII |  |  | 0.0 | % |  |  | (1.5 | %) |  |  | (3.7 | %)
(Decrease) increase in valuation allowance due to net operating loss |  |  | (2.0 | %) |  |  | 0.0 | % |  |  | 0.4 | %
Out-of-period adjustments |  |  | 0.0 | % |  |  | 2.5 | % |  |  | 0.0 | %
Tax return adjustments related to the 2017 Tax Act |  |  | 0.0 | % |  |  | 0.0 | % |  |  | (0.7 | %)
Impact of foreign operations |  |  | 9.0 | % |  |  | 8.7 | % |  |  | 3.4 | %
Other |  |  | (0.9 | %) |  |  | 1.0 | % |  |  | 0.7 | %
Total effective tax rate |  |  | 12.7 | % |  |  | 18.9 | % |  |  | 20.9 | %
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 1, 2022 |  |  | January 2, 2021 |
Interest expense disallowance |  | $ | 44,598 |  |  | $ | 32,971 |
Operating lease liabilities |  |  | 22,901 |  |  |  | 31,108 |
Operating loss carryforwards |  |  | 14,172 |  |  |  | 8,780 |
Provision for estimated expenses |  |  | 2,128 |  |  |  | 1,643 |
Salaries and wages |  |  | 2,710 |  |  |  | 3,875 |
Share-based compensation |  |  | 15,707 |  |  |  | 14,747 |
Other comprehensive income |  |  | 6,306 |  |  |  | 8,525 |
Other |  |  | 5,927 |  |  |  | 6,320 |
Less: valuation allowance |  |  | (10,083 | ) |  |  | (7,190 | )
Total deferred tax assets |  | $ | 104,366 |  |  | $ | 100,779 |
Goodwill and intangible assets |  | $ | (224,548 | ) |  | $ | (227,198 | )
Operating lease assets |  |  | (20,794 | ) |  |  | (28,378 | )
Depreciation |  |  | (4,044 | ) |  |  | (3,912 | )
Prepaid expenses |  |  | (1,433 | ) |  |  | (1,379 | )
Total deferred tax liabilities |  | $ | (250,819 | ) |  | $ | (260,867 | )
Net deferred tax liabilities |  | $ | (146,453 | ) |  | $ | (160,088 | )
Reconciliation of Unrecognized Tax Benefits | A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:
|  | Fiscal Year Ended |
|  | January 1, |  |  | January 2, |  |  | December 28, |
|  | 2022 |  |  | 2021 |  |  | 2019 |
Balance at beginning of year |  | $ | 851 |  |  | $ | 206 |  |  | $ | 3,665 |
Increases related to tax positions taken in current year |  |  | 196 |  |  |  | — |  |  |  | — |
Increases related to tax positions taken in prior years |  |  | 260 |  |  |  | 605 |  |  |  | 264 |
Reductions related to tax positions taken in prior years |  |  | (199 | ) |  |  | — |  |  |  | (2,731 | )
Reductions related to settlements with tax authorities |  |  | — |  |  |  | — |  |  |  | (992 | )
Effects of foreign currency translation |  |  | (53 | ) |  |  | 40 |  |  |  | — |
Balance at end of year |  | $ | 1,055 |  |  | $ | 851 |  |  | $ | 206 |

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