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Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

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
		December 31, 2022				January 1, 2022				January 2, 2021
Domestic		$	(375,689	)		$	(27,763	)		$	(10,467	)
Foreign			9,907				104,428				102,970
		$	(365,782	)		$	76,665			$	92,503

Schedule of Components of Income Tax Expense (Benefit)

The following tables summarize the Company’s consolidated (benefit) provision for U.S. federal, state and foreign taxes on income:

		Fiscal Year Ended
		December 31, 2022				January 1, 2022				January 2, 2021
Current:
U.S. federal		$	13,147			$	38			$	(14,052	)
State			3,446				1,055				4,421
Foreign			20,022				24,245				28,533
		$	36,615			$	25,338			$	18,902
Deferred:
U.S. federal		$	(114,727	)		$	(8,510	)		$	94
State			(24,262	)			(9,589	)			(2,835	)
Foreign			(12,005	)			2,534				1,301
		$	(150,994	)		$	(15,565	)		$	(1,440	)
Total tax (benefit) provision		$	(114,379	)		$	9,773			$	17,462

Schedule of Effective Income Tax Rate Reconciliation

The difference between the U.S. federal statutory tax rate and the Company’s consolidated effective tax rate is as follows:

		Fiscal Year Ended
		December 31, 2022				January 1, 2022				January 2, 2021
U.S. federal statutory tax rate			21.0	%			21.0	%			21.0	%
State income taxes (net of federal benefit)			3.8	%			(1.8	%)			1.0	%
Research and development credit			0.4	%			(1.8	%)			(2.2	%)
Tax windfall/shortfall on share-based awards			(0.5	%)			(4.6	%)			(4.3	%)
Reserves for uncertain tax positions			0.0	%			0.2	%			0.9	%
Tax rate changes			0.3	%			(8.2	%)			(1.2	%)
Executive compensation limitation			(0.2	%)			1.8	%			1.2	%
GILTI			0.0	%			0.0	%			(8.2	%)
FDII			1.2	%			0.0	%			(1.5	%)
Change in valuation allowance			(7.1	%)			(2.0	%)			0.0	%
Out-of-period adjustments			0.6	%			0.0	%			2.5	%
Impact of foreign operations			(1.6	%)			9.0	%			8.7	%
Reversal of certain deferred tax liabilities			13.2	%			0.0	%			0.0	%
Other			0.2	%			(0.9	%)			1.0	%
Total effective tax rate			31.3	%			12.7	%			18.9	%

Schedule of Deferred Tax Assets and Liabilities

The deferred tax assets and liabilities recorded on the Company’s consolidated balance sheets are as follows:

		December 31, 2022				January 1, 2022
Interest expense disallowance		$	54,259			$	44,598
Operating lease liabilities			20,842				22,901
Operating loss carryforwards			10,102				14,172
Provision for estimated expenses			2,734				2,128
Salaries and wages			10,280				2,710
Share-based compensation			15,190				15,707
Other comprehensive income			1,841				6,306
Other			3,695				5,927
Less: valuation allowance			(35,818	)			(10,083	)
Total deferred tax assets		$	83,125			$	104,366
Goodwill and intangible assets		$	(51,841	)		$	(224,548	)
Operating lease assets			(18,228	)			(20,794	)
Depreciation			(13,498	)			(4,044	)
Prepaid expenses			(431	)			(1,433	)
Total deferred tax liabilities		$	(83,998	)		$	(250,819	)
Net deferred tax liabilities		$	(873	)		$	(146,453	)

Schedule of Unrecognized Tax Benefit Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

		Fiscal Year Ended
		December 31, 2022				January 1, 2022				January 2, 2021
Balance at beginning of year		$	1,055			$	851			$	206
Increases related to tax positions taken in current year			145				196				—
Increases related to tax positions taken in prior years			8				260				605
Reductions related to tax positions taken in prior years			(95	)			(199	)			—
Reductions related to settlements with tax authorities			(273	)			—				—
Reductions related to lapse of statutes of limitations			(206	)			—				—
Effects of foreign currency translation			(23	)			(53	)			40
Balance at end of year		$	611			$	1,055			$	851

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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.

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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.

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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.

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

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Tabular disclosure of the change in unrecognized tax benefits, excluding amounts pertaining to examined tax returns.

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