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,			January 1,			January 2,
	2022			2022			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,			January 1,			January 2,
	2022			2022			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,			January 1,			January 2,
	2022			2022			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,			January 1,			January 2,
	2022			2022			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