Income Taxes (Tables)

12 Months Ended

Jan. 01, 2016

Income Taxes [Abstract]

Summary of Income (Loss) Before Income Taxes Allocated Between Domestic and Foreign Jurisidictions

	Year Ended
	January 1, 2016		January 2, 2015		January 3, 2014
Domestic	$	32,729	$	51,959	$	22,140
Foreign		(47,501)		22,574		(8,263)
(Loss) income before income taxes	$	(14,772)	$	74,533	$	13,877

Components of Income Tax Expense (Benefit)

	Year Ended
	January 1, 2016		January 2, 2015		January 3, 2014
Current taxes:
Federal	$	(18,221)	$	(14,366)	$	(2,090)
State		113		(865)		34
Foreign		2,422		(617)		2,879
		(15,686)		(15,848)		823
Deferred taxes:
Federal		(6,391)		23,337		11,911
State		(24)		2,536		545
Foreign		143		9,696		(2,257)
		(6,272)		35,569		10,199
Income tax (benefit) expense	$	(21,958)	$	19,721	$	11,022

Operating Benefit Under the Tax Holiday

	Year Ended
	January 1, 2016		January 2, 2015		January 3, 2014
Tax effects from earnings / (losses) attributable to Malaysia	$	(11,628)	$	5,611	$	(2,483)
Effect on earnings (loss) per share:
Basic	$	(0.09)	$	0.04	$	(0.02)
Diluted	$	(0.09)	$	0.04	$	(0.02)

Deferred Tax Assets and Liabilities

	As of January 1, 2016		As of January 2, 2015
	Non-Current		Current		Non-Current
Inventories	$	13,049	$	14,170	$	-
Property, plant and equipment		1,681		-		4,158
Accrued expenses		4,658		4,869		-
Equity-based compensation		6,480		-		6,561
Net operating loss carryforward		25,584		1,025		19,766
Capitalized research and development		108		-		797
Deferred compensation		4,350		-		3,187
Deferred revenue		5,526		4,179		-
Tax credits		43,010		-		24,877
Capital loss carryforward		6,592		-		6,628
Other, net		298		458		3,826
Deferred tax assets		111,336		24,701		69,800
Intangibles		(4,642)		-		-
Deferred tax liabilities		(4,642)		-		-
Valuation allowance		(43,555)		(4,268)		(30,466)
Net deferred tax assets	$	63,139	$	20,433	$	39,334

Summary of Valuation Allowance

	January 1, 2016		January 2, 2015
Beginning balance	$	34,733	$	28,256
Increases related to state attributes		5,745		(48)
Increases related to foreign net operating losses		3,113		7,160
Decreases related to capital losses		(36)		(635)
Ending balance	$	43,555	$	34,733

Income Tax Rate Reconciliation

	Year Ended
	January 1, 2016			January 2, 2015			January 3, 2014
Statutory U.S. income tax rate		35	%		35.0	%		35.0	%
Income tax provision reconciliation:
Tax at federal statutory income tax rate	$	(5,169)		$	26,087		$	4,857
State taxes		1,775			1,356			1,198
Effect of Foreign Operations		15,853			(7,918)			3,505
International equity-based compensation		349			748			2,422
Research credits		(5,741)			(4,608)			(10,313)
Change in unrecognized tax benefits		(28,002)			2,765			116
Subpart F—interest & stock gain		155			437			326
Manufacturing deduction		(529)			(675)			(370)
Amortization of deferred tax charge		(3,999)			(2,964)			(2,964)
Tax shortfalls on equity-based compensation		92			1,381			3,277
Export compliance settlement		-			1,400			2,100
Interest		-			-			779
Royalty income		4,717			5,215			5,557
Deferred tax true-ups		(1,205)			(2,299)			-
Other items		(254)			(1,204)			532
Total income tax (benefit) provision	$	(21,958)		$	19,721		$	11,022

Summary of Activity in Unrecognized Tax Benefits Resulting From Uncertain Tax Positions

	January 1, 2016		January 2, 2015	January 3, 2014
Beginning balance (includes $7,538 thousand of interest and penalties as of January 2, 2015)	$	78,206	99,343	112,867
Increases related to current year tax positions		3,004	1,152	1,157
Increases related to prior year tax positions		-	2,515	10,874
Settlements with tax authorities		(548)	(24,804)	(25,555)
Increases related to acquisitions		1,464	-	-
Decreases related to lapses of statutes of limitations		(73,395)	-	-
Ending balance (includes $124 thousand of interest and penalties as of January 1, 2016)	$	8,731	78,206	99,343