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Income Taxes (Tables)

12 Months Ended

Dec. 30, 2022

Income (loss) before income taxes, excluding loss for noncontrolling interests, consists of the following:


	December 30, 2022		December 31, 2021		December 25, 2020
Domestic	$	(3,866)	$	(44,650)	$	(26,998)
Foreign	(6,219)		1,606		(2,237)
Total	$	(10,085)	$	(43,044)	$	(29,235)

Schedule of Components of Income Tax Benefit

The components of income tax benefit for the years ended December 30, 2022, December 31, 2021 and December 25, 2020, were as follows:


	December 30, 2022		December 31, 2021		December 25, 2020
Current
Federal	$	2,794	$	—	$	—
State	2,289		1,005		96
Foreign	1,110		330		976
Total	6,193		1,335		1,072
Deferred
Federal	(5,954)		(5,708)		(8,778)
State	(1,790)		(1,963)		3,756
Foreign	92		(306)		(401)
Total	(7,652)		(7,977)		(5,423)
Income tax benefit	$	(1,459)	$	(6,642)	$	(4,351)

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences and carryforwards that gave rise to deferred tax assets and liabilities as of December 30, 2022 and December 31, 2021, are as follows:


	2022		2021
Deferred Tax Assets
Net operating loss	$	3,845	$	17,815
Interest carryforward	7,793		8,442
Accrued liabilities and reserves	14,545		14,864
Uniform capitalization	593		352
Capital loss carryforward	8,719		8,719
R&D credits	17,296		17,923
Deferred revenue	3,422		3,724
Depreciable property	1,690		1,661
Stock compensation	8,020		4,294
Section 174 research and expenditures	18,046		—
Other	—		746
Total deferred tax assets	83,969		78,540
Valuation allowance	(15,554)		(15,044)
Total deferred tax assets, net of valuation allowance	68,415		63,496
Deferred Tax Liabilities
Amortization of intangibles	(93,489)		(96,952)
Amortization of goodwill	(17,072)		(13,401)
Transaction Costs	(55)		(219)
Other	(321)		—
Total deferred tax liabilities	(110,937)		(110,572)
Net deferred tax liabilities	$	(42,522)	$	(47,076)

The components of the Company’s net deferred tax liabilities as of December 30, 2022 and December 31, 2021, are as follows:


	December 30, 2022		December 31, 2021
Domestic deferred tax liabilities	$	(40,505)	$	(48,555)
Foreign deferred tax liabilities	(3,010)		—
Foreign deferred tax assets	993		1,479
Net deferred tax liabilities	$	(42,522)	$	(47,076)

Summary of Operating Loss Carryforwards

Net operating loss and tax credit carryforwards as of December 30, 2022 are as follows (gross of valuation allowance and uncertain tax positions):


	Amount		Expiration Years
Net operating losses, state	$	39,345	2023-2041
Net operating losses, state	$	750	Indefinite
Net operating losses, foreign	$	8,435	2023-2026
Net operating losses, foreign	$	643	Indefinite
Tax credit carryforwards, federal	$	21,548	2023-2042
Tax credit carryforwards, state	$	1,833	2023-2030
Capital loss carryforwards, federal	$	35,039	2025
Capital loss carryforwards, state	$	22,640	2025

Schedule of Unrecognized Tax Benefits Roll Forward


Balance - December 27, 2019	$	8,281
Additions for tax position of the current year	538
Reduction for tax positions of prior years for:
Changes in judgment	(670)
Lapses of applicable statutes of limitations	(55)
Balance - December 25, 2020	$	8,094
Additions for tax position of the current year	400
Reduction for tax positions of prior years for:
Changes in judgment	(162)
Lapses of applicable statutes of limitations	(76)
Balance - December 31, 2021	$	8,256
Additions for tax position of the current year	528
Reduction for tax positions of prior years for:
Changes in judgment	148
Lapses of applicable statutes of limitations	(85)
Balance - December 30, 2022	$	8,847

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation of the Company’s effective income tax rate with the statutory rate is as follows:


	December 30, 2022		December 31, 2021		December 25, 2020
Federal income tax rate	21.00	%	21.00	%	21.00	%
State income taxes	(2.33)	%	1.04	%	1.57	%
Foreign income taxes	(0.10)	%	(0.07)	%	1.03	%
Deferred rate change	(3.78)	%	0.46	%	(6.00)	%
Foreign tax rate differences	(1.71)	%	0.42	%	(1.31)	%
Autonomic sale (tax)	—	%	—	%	29.82	%
Incentive stock compensation	(12.73)	%	(2.23)	%	(3.08)	%
Cash in lieu of Tax Receivable Agreement	—	%	(5.06)	%	—	%
Tax receivable agreement adjustments/amortization	(0.31)	%	—	%	—	%
Research and development tax credits	33.50	%	2.84	%	14.37	%
Valuation allowance	(25.52)	%	1.42	%	(41.61)	%
Changes in uncertain tax positions	(7.36)	%	(0.41)	%	0.64	%
Contingent value rights	9.25	%	(1.47)	%	(0.35)	%
Foreign-derived intangible income	9.35	%	—	%	—	%
Global intangible low-taxed income	(2.51)	%	(0.66)	%	—	%
Meals and entertainment	(1.93)	%	(0.22)	%	(0.20)	%
Other items, net (1)	(0.35)	%	(1.64)	%	(1.00)	%
Effective income tax rate	14.47	%	15.42	%	14.88	%

(1)Global intangible low-taxed income, contingent value rights, and meals and entertainment were grouped in other items, net for the prior two fiscal years as it was not material to require separate statement. The Company has updated the rate reconciliation for the prior years to separately state these items for consistency purposes.