XML 123 R41.htm IDEA: XBRL DOCUMENT

Income Taxes (Tables)

12 Months Ended

Dec. 25, 2011

Domestic And Foreign Components Of Earnings From Continuing Operations Before Income Taxes

(amounts in thousands)	December 25, 2011	December 26, 2010	December 27, 2009
		(As Revised)	(As Revised)
Domestic	$ (35,107)	$ (21,015)	$ (19,005)
Foreign	35,535	58,760	54,664
Total	$ 428	$ 37,745	$ 35,659

Domestic And Foreign Components Of Earnings From Continuing Operations Provision For Income Taxes

(amounts in thousands)	December 25, 2011	December 26, 2010	December 27, 2009
		(As Revised)	(As Revised)
Currently payable
Federal	$ 365	$ 234	$ (2,565)
State	99	42	(41)
Puerto Rico	23	(3,950)	45
Foreign	11,441	15,891	20,555
Total currently payable	11,928	12,217	17,994

Deferred
Federal	49,395	(5,127)	(9,833)
State	526	4,320	1,002
Puerto Rico	(377)	(707)	540
Foreign	(1,932)	(1,345)	1,380
Total deferred	47,612	(2,859)	(6,911)
Total provision	$ 59,540	$ 9,358	$ 11,083

Deferred Tax Assets And Liabilities

(amounts in thousands)	December 25, 2011	December 26, 2010
		(As Revised)
Inventory	$ 4,930	$ 4,817
Accounts receivable	2,513	1,296
Capitalized research and development costs	18,476	13,582
Net operating loss and foreign tax credit carryforwards	62,685	58,728
Restructuring	2,537	1,633
Deferred revenue	(1,316)	(105)
Pension	7,890	6,724
Warranty	1,507	1,469
Deferred compensation	4,980	2,306
Stock based compensation	8,148	6,740
Depreciation	1,052	2,501
Other	12,349	11,927
Valuation allowance	(102,148)	(37,808)
Deferred tax assets	23,603	73,810
Intangibles	9,542	10,447
Withholding tax liabilities	2,365	945
Deferred tax liabilities	11,907	11,392
Net deferred tax assets	$ 11,696	$ 62,418

Reconciliation Of The Tax Provision At The Statutory U.S. Federal Income Tax Rate With The Tax Provision At The Effective Income Tax Rate

(amounts in thousands)	December 25, 2011	December 26, 2010	December 27, 2009
		(As Revised)	(As Revised)
Tax provision at the statutory federal income tax rate	$ 150	$ 13,211	$ 12,481
Unremitted earnings	1,430	—	—
Non-deductible permanent items	1,790	1,543	1,297
State and local income taxes, net of federal benefit	625	4,363	961
Losses for which no tax benefit recognized	11,929	1,408	2,077
Foreign rate differentials	(3,660)	(7,905)	(8,445)
Tax settlements	—	(47)	(20)
Potential tax contingencies	(1,086)	(3,488)	(72)
Change in valuation allowance	47,684	—	3,515
Stock based compensation	366	441	349
Other	312	(168)	(1,060)
Tax provision at the effective tax rate	$ 59,540	$ 9,358	$ 11,083

Reconciliation Of The Beginning And Ending Amount Of Unrecognized Tax Benefits

( amounts in thousands)	December 25, 2011	December 26, 2010	December 27, 2009
		(As Revised)	(As Revised)
Gross unrecognized tax benefits at beginning of year	$ 12,846	$ 14,884	$ 12,520
Increases in tax positions for prior years	997	1,161	2,502
Decreases in tax positions for prior years	(44)	—	(1,684)
Increases in tax positions for current year	808	1,229	1,442
Settlements	(443)	(928)	—
Acquisition reserves	2,029	240	2,631
Lapse in statute of limitations	(2,954)	(3,740)	(2,527)
Gross unrecognized tax benefits at end of year	$ 13,239	$ 12,846	$ 14,884

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

+ References+ Details