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Taxes (Tables) | 12 Months Ended
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Dec. 29, 2018
Income Tax Disclosure [Abstract] |
Schedule of significant components of the consolidated deferred tax assets and liabilities | Significant components of the consolidated deferred tax assets and liabilities were (in thousands):
Fiscal Year | 2018 |  | 2017
Deferred income tax assets (liabilities): |  |  |
Bad debt allowance | $ | 1,974 |  |  | $ | 2,920 |
Returns allowance | 4,935 |  |  | 3,662 |
Inventory | 4,519 |  |  | 13,409 |
Warranty liabilities | 3,317 |  |  | 2,656 |
Markdown allowance | 2,800 |  |  | — |
Compensation | 18,772 |  |  | 19,005 |
Accrued liabilities | 5,903 |  |  | 9,881 |
Deferred rent | 7,996 |  |  | 12,403 |
Deferred income | 5,706 |  |  | — |
Unrealized exchange gains (losses) | 637 |  |  | 5,553 |
State income tax and interest on tax contingencies | 1,189 |  |  | 1,410 |
Fixed assets | (8,009 | ) |  | (13,442 | )
Trade names and customer lists | 1,703 |  |  | (2,607 | )
Goodwill | 17,957 |  |  | 19,982 |
Other intangibles | (4,562 | ) |  | (5,985 | )
Undistributed earnings of certain foreign subsidiaries | (541 | ) |  | (1,018 | )
Foreign accruals | 8,528 |  |  | 8,501 |
Loss carryforwards | 31,582 |  |  | 27,868 |
Tax credit carryforwards | 512 |  |  | — |
Valuation allowance | (95,818 | ) |  | (78,314 | )
Capitalized R&D | 2,546 |  |  | — |
Interest disallowance | 9,642 |  |  | — |
Other | (32 | ) |  | 132 |
Net deferred income tax assets | $ | 21,256 |  |  | $ | 26,016 |
Total deferred income tax assets | $ | 23,695 |  |  | $ | 27,112 |
Total deferred income tax liabilities | (2,439 | ) |  | (1,096 | )
Net deferred income tax assets | $ | 21,256 |  |  | $ | 26,016 |
Schedule of the amounts and the fiscal year of expiration of loss carryforwards | The amounts and the fiscal year of expiration of the loss carryforwards are (in thousands):
Expires 2019 through 2023 | $ | 31,763 |
Expires 2024 through 2028 | 27,816 |
Expires 2029 through 2033 | 136 |
Expires 2034 through 2038 | 58,975 |
Indefinite | 16,402 |
Total loss carryforwards | $ | 135,092 |
Schedule of income before income taxes for the Company's U.S. and non-U.S. based operations | The following table identifies income (loss) before income taxes for the Company's U.S. and non-U.S. based operations for the fiscal years indicated (in thousands):
Fiscal Year | 2018 |  | 2017 |  | 2016
U.S | $ | (102,810 | ) |  | $ | (517,227 | ) |  | $ | (72,249 | )
Non-U.S | 122,980 |  |  | 63,473 |  |  | 186,557 |
Total | $ | 20,170 |  |  | $ | (453,754 | ) |  | $ | 114,308 |
Components of provision for income taxes | The Company's provision for income taxes consisted of the following for the fiscal years indicated (in thousands):
Fiscal Year | 2018 |  | 2017 |  | 2016
Current provision: |  |  |  |  |
U.S. federal | $ | (14,386 | ) |  | $ | 30,817 |  |  | $ | 2,111 |
Non-U.S | 35,854 |  |  | 40,423 |  |  | 53,880 |
State and local | (2,056 | ) |  | (2,055 | ) |  | (1,482 | )
Total current | 19,412 |  |  | 69,185 |  |  | 54,509 |
Deferred provision (benefit): |  |  |  |  |
U.S. federal | — |  |  | (45,990 | ) |  | (20,216 | )
Non-U.S | 1,696 |  |  | (3,770 | ) |  | (5,584 | )
State and local | — |  |  | 380 |  |  | (4 | )
Total deferred | 1,696 |  |  | (49,380 | ) |  | (25,804 | )
Provision for income taxes | $ | 21,108 |  |  | $ | 19,805 |  |  | $ | 28,705 |
Reconciliation of the U.S. federal statutory income tax rate to the effective tax rate | A reconciliation of the U.S. federal statutory income tax rates to the Company's effective tax rate is as follows:
Fiscal Year | 2018 |  | 2017 |  | 2016
Tax at statutory rate | 21.0 | % |  | 35.0 | % |  | 35.0 | %
Non-deductible expenses and other permanent differences | 5.1 |  |  | (0.6 | ) |  | 5.3 |
State, net of federal tax benefit | (3.8 | ) |  | 1.0 |  |  | 0.6 |
Foreign rate differential | (12.3 | ) |  | 3.7 |  |  | (30.9 | )
Withholding taxes | 16.3 |  |  | — |  |  | — |
GILTI Tax-net of foreign tax credits | 11.8 |  |  | — |  |  | — |
U.S. tax on foreign income-net of foreign tax credits | 6.4 |  |  | (1.7 | ) |  | 5.0 |
Income tax contingencies | (5.0 | ) |  | (0.1 | ) |  | 0.3 |
Valuation allowances | 65.0 |  |  | (12.5 | ) |  | 8.1 |
Repatriation tax - net impact | 5.9 |  |  | (7.4 | ) |  | — |
Deficiencies on employee stock awards | 10.1 |  |  | (0.9 | ) |  | — |
Non-deductible goodwill impairment | — |  |  | (15.2 | ) |  | — |
Tax Reform rate reduction impact on deferred tax assets | (15.8 | ) |  | (6.2 | ) |  | — |
Return to provision true-up | — |  |  | — |  |  | 1.7 |
Other | — |  |  | 0.5 |  |  | — |
Provision for income taxes | 104.7 | % |  | (4.4 | )% |  | 25.1 | %
Reconciliation of the total amounts of unrecognized tax benefits | The following is a tabular reconciliation of the total amounts of unrecognized tax benefits for the fiscal years indicated (in thousands):
Fiscal Year | 2018 |  | 2017 |  | 2016
Balance at beginning of year | $ | 35,355 |  |  | $ | 23,399 |  |  | $ | 23,022 |
Gross increases—tax positions in prior years | 7,183 |  |  | 2,104 |  |  | 918 |
Gross decreases—tax positions in prior years | (124 | ) |  | (845 | ) |  | (183 | )
Gross increases—tax positions in current year | 576 |  |  | 13,444 |  |  | 974 |
Settlements | — |  |  | (81 | ) |  | (181 | )
Lapse in statute of limitations | (2,980 | ) |  | (2,706 | ) |  | (1,106 | )
Change due to currency revaluation | (101 | ) |  | 40 |  |  | (45 | )
Balance at end of year | $ | 39,909 |  |  | $ | 35,355 |  |  | $ | 23,399 |

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