Income Taxes (Tables)

12 Months Ended

Sep. 25, 2015

Components Of Income Before Provision For Income Taxes

The components of our income before provision for income taxes were as follows (in thousands):



	Fiscal Year Ended
	September 25, 2015		September 26, 2014		September 27, 2013
United States	$	17,091	$	160,839	$	155,777
Foreign	228,691		115,260		94,869
Total	$	245,782	$	276,099	$	250,646

Schedule Of Provision For Income Taxes

The provision for income taxes consists of the following (in thousands):



	Fiscal Year Ended
	September 25, 2015			September 26, 2014			September 27, 2013
Current:
Federal	$	24,262		$	20,533		$	30,428
State	130			543			691
Foreign	52,461			52,999			49,003
Total current	76,853			74,075			80,122

Deferred:
Federal	(9,593		)	(2,345		)	(11,353		)
State	(3,686		)	(3,544		)	(4,748		)
Foreign	(1,032		)	(807		)	(3,677		)
Total deferred	(14,311		)	(6,696		)	(19,778		)
Provision for income taxes	$	62,542		$	67,379		$	60,344

Schedule of Withholding Taxes

The foreign current tax includes this withholding tax expense while the appropriate foreign tax credit benefit is included in current federal and foreign taxes. Withholding taxes were as follows (in thousands):



	Fiscal Year Ended
	September 25, 2015		September 26, 2014		September 27, 2013
Withholding Taxes	$	45,372	$	47,131	$	42,567

Summary Of Tax Effects Of The Temporary Differences Between Carrying Amounts And Amounts Used For Tax

A summary of the tax effects of the temporary differences is as follows (in thousands):



	Fiscal Year Ended
	September 25, 2015			September 26, 2014
Deferred income tax assets:
Investments	$	977		$	2,033
Inventories	8,800			3,607
Net operating loss	1,406			2,062
Accrued expenses	16,843			16,759
Stock-based compensation	32,359			30,455
Revenue recognition	52,282			55,453
Intangibles	401			—
Depreciation and amortization	6,443			4,423
Research and development credits	7,977			5,153
Foreign tax credits	11,119			2,854
Translation adjustment	719			—
Other	9,092			8,786
Total gross deferred income tax assets	148,418			131,585
Less: valuation allowance	—			—
Total deferred income tax assets	148,418			131,585

Deferred income tax liabilities:
Translation adjustment	—			(579		)
Intangibles	—			(450		)
International earnings	(4,646		)	(1,960		)
Unrealized gain on investments	(493		)	(405		)
Deferred income tax assets, net	$	143,279		$	128,191

Deferred Income Tax Assets, Net - Balance Sheet Classification
Current deferred income tax assets	$	97,101		$	86,445
Long-term deferred income tax assets, net	46,178			41,746
Deferred income tax assets, net	$	143,279		$	128,191

Reconciliation Of Federal Statutory Tax Rate To Our Effective Tax Rate

A reconciliation of the federal statutory tax rate to our effective tax rate on income from continuing operations is as follows:



	Fiscal Year Ended
	September 25, 2015		September 26, 2014		September 27, 2013
Federal statutory rate	35.0	%	35.0	%	35.0	%
State income taxes, net of federal effect	0.7		0.6		0.6
Stock-based compensation expense rate	1.7		1.4		1.3
Research and development tax credits	(3.0	)	(1.6	)	(3.1	)
Tax exempt interest	(0.2	)	(0.2	)	(0.2	)
U.S. manufacturing tax incentives	(0.3	)	(2.0	)	(2.3	)
Foreign rate differential	(9.1	)	(8.9	)	(4.5	)
Foreign reversal of deferred tax liabilities	—		—		(3.0	)
Other	0.6		0.1		0.3
Effective tax rate	25.4	%	24.4	%	24.1	%

Aggregate Changes In Balance Of Gross Unrecognized Tax Benefits, Excluding Interest And Penalties

ggregate changes in the balance of gross unrecognized tax benefits, excluding interest and penalties, were as follows (in thousands):



	Fiscal Year Ended
	September 25, 2015			September 26, 2014			September 27, 2013
Balance at beginning of year	$	31,351		$	32,468		$	16,880
Gross increases - tax positions taken during prior years	507			333			9,082
Increases in balances related to tax positions taken during current year	34,293			2,916			10,422
Lapse of statute of limitations	(990		)	(4,366		)	(3,064		)
Settlements	—			—			(852		)
Balance at end of year	$	65,161		$	31,351		$	32,468

Schedule of Accrued Interest and Penalties on Unrecognized Tax Benefits

Our accrued interest and penalties on unrecognized tax benefits as of September 25, 2015 and September 26, 2014 were as follows (in thousands):



	Fiscal Year Ended
	September 25, 2015		September 26, 2014
Accrued interest	$	2,977	$	2,390
Accrued penalties	589		1,022
Total	$	3,566	$	3,412