Income Taxes (Tables)

12 Months Ended

Dec. 28, 2024

Income Tax Disclosure [Abstract]

Schedule of Components of Income Before Income Taxes

The components of income before income taxes consist of the following:

	Fiscal Year		Fiscal Year		Fiscal Year
	2024		2023		2022
United States	$	(182,583)	$	(205,969)	$	651,446
Foreign	628,449		728,470		2,163,095
Total	$	445,866	$	522,501	$	2,814,541

Schedule of Provision for Income Taxes

The provision for income taxes consists of the following:

	Fiscal Year		Fiscal Year		Fiscal Year
	2024		2023		2022
Current:
Federal	$	52	$	(8,220)	$	133,866
State	524		2,828		25,242
Foreign	194,337		233,705		243,688
	$	194,913	$	228,313	$	402,796
Deferred:
Federal	$	(18,368)	$	(29,113)	$	10,380
State	(2,826)		(9,818)		13,371
Foreign	7,925		(19,593)		(6,495)
	(13,269)		(58,524)		17,256
Provision for income taxes	$	181,644	$	169,789	$	420,052

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation of the statutory U.S. federal income tax rate to our effective tax rate is as follows:

	Fiscal Year		Fiscal Year		Fiscal Year
	2024		2023		2022
U.S. statutory rate	21.0	%	21.0	%	21.0	%
State income taxes, net of federal income tax benefit	(0.5)		(1.3)		—
U.S. tax on foreign earnings, net of foreign tax credits	1.8		1.4		—
Effect of international operations	8.0		5.7		1.0
Effect of change in valuation allowances	0.7		1.2		0.4
Effect of the CLS Sale	—		—		(8.3)
Withholding tax	7.1		4.8		0.9
Other	2.6		(0.3)		(0.1)
Effective tax rate	40.7	%	32.5	%	14.9	%

Schedule of Net Deferred Tax Assets and Liabilities

Significant components of our net deferred tax assets and liabilities are as follows:

	December 28, 2024		December 30, 2023
Deferred tax assets:
Net operating loss carryforwards	$	118,632	$	140,981
Tax credit carryforwards	89,158		52,653
Interest expense carryforwards	48,760		32,732
Employee benefits	50,740		57,735
Inventory	26,087		30,958
Depreciation and amortization	23,387		25,998
Operating lease liabilities	119,354		121,195
Sales return reserve	35,879		35,320
Allowance on trade accounts receivable	31,807		37,580
Reserves and accruals not currently deductible for income tax purposes	20,849		29,601
Other	33,846		44,059
Total deferred tax assets	598,499		608,812
Valuation allowance	(129,206)		(106,379)
Subtotal	469,293		502,433
Deferred tax liabilities:
Depreciation and amortization	(209,616)		(237,963)
Operating lease assets	(113,782)		(117,304)
Inventory rights	(31,878)		(30,651)
Other	(37,698)		(48,127)
Total deferred tax liabilities	(392,974)		(434,045)
Net deferred tax assets	$	76,319	$	68,388

Schedule of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows:

	Fiscal Year		Fiscal Year		Fiscal Year
	2024		2023		2022
Gross unrecognized tax benefits at beginning of the year	$	16,785	$	14,339	$	18,978
Increases in tax positions for prior years	172		1,048		465
Decreases in tax positions for prior years	(1,523)		(102)		(315)
Increases in tax positions for current year	2,203		1,870		1,291
Settlements	(1,380)		—		(935)
Lapse in statute of limitations	(591)		(370)		(5,145)
Gross unrecognized tax benefits at end of the year	$	15,666	$	16,785	$	14,339