Income Taxes (Tables)

12 Months Ended

Dec. 29, 2013

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

The domestic and foreign components of earnings from continuing operations before income taxes are:



(amounts in thousands)	December 29, 2013			December 30, 2012			December 25, 2011
				(As Restated)			(As Restated)
Domestic	$	(11,014	)	$	(54,066	)	$	(41,647	)
Foreign	12,914			(78,949		)	12,604
Total	$	1,900		$	(133,015	)	$	(29,043	)

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

Provision for income taxes:



(amounts in thousands)	December 29, 2013			December 30, 2012			December 25, 2011
				(As Restated)			(As Restated)
Currently payable
Federal	$	(2,218	)	$	2,544		$	365
State	73			88			99
Puerto Rico	(275		)	354			23
Foreign	9,519			5,949			11,978
Total currently payable	7,099			8,935			12,465

Deferred
Federal	3,701			(792		)	49,394
State	35			227			527
Puerto Rico	314			763			(377		)
Foreign	(7,478		)	(3,128		)	(8,656		)
Total deferred	(3,428		)	(2,930		)	40,888
Total provision	$	3,671		$	6,005		$	53,353

Deferred Tax Assets And Liabilities

eferred tax assets/liabilities at December 29, 2013 and December 30, 2012 consist of:



(amounts in thousands)	December 29, 2013			December 30, 2012
				(As Restated)
Inventory	$	4,472		$	5,390
Accounts receivable	2,279			2,732
Capitalized research and development costs	22,986			21,173
Financing liability	9,168			7,627
Net operating loss and foreign tax credit carryforwards	101,396			99,207
Interest carryforward	6,691			6,017
Deferred revenue	988			1,321
Pension	13,221			13,558
Uncertain tax positions	11,190			8,876
Deferred compensation	2,871			3,630
Stock based compensation	8,756			7,506
Depreciation	1,851			1,753
Other	4,847			7,102
Valuation allowance	(145,508		)	(141,474		)
Deferred tax assets	45,208			44,418
Intangibles	10,756			8,327
Unremitted earnings	2,983			3,081
Deferred tax liabilities	13,739			11,408
Net deferred tax assets	$	31,469		$	33,010

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

A reconciliation of the tax provision at the statutory U.S. Federal income tax rate with the tax provision at the effective income tax rate follows:



(amounts in thousands)	December 29, 2013			December 30, 2012			December 25, 2011
				(As Restated)			(As Restated)
Tax provision at the statutory federal income tax rate	$	665		$	(46,555	)	$	(10,165	)
Unremitted earnings	60			690			1,430
Non-deductible permanent items	1,677			1,566			1,747
Non-deductible goodwill impairment	—			32,503			—
State and local income taxes, net of federal benefit	82			(467		)	890
Losses for which no tax benefit recognized and release of allowance on current year income	(165		)	38,606			14,160
Effect of foreign operations	1,041			(19,198		)	(2,487		)
Potential tax contingencies	160			(1,052		)	(582		)
Change in valuation allowance	(125		)	283			47,684
Stock based compensation	315			994			366
Other	(39		)	(1,365		)	310
Tax provision at the effective tax rate	$	3,671		$	6,005		$	53,353

Reconciliation Of The Beginning And Ending Amount Of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:



( amounts in thousands)	December 29, 2013			December 30, 2012			December 25, 2011
				(As Restated)			(As Restated)
Gross unrecognized tax benefits at beginning of year	$	24,436		$	22,543		$	18,841
Increases in tax positions for prior years	910			225			997
Decreases in tax positions for prior years	(1,083		)	(1,068		)	(44		)
Increases in tax positions for current year	4,003			5,209			1,506
Settlements	—			(683		)	(443		)
Acquisition reserves	—			1,166			4,640
Lapse in statute of limitations	(1,674		)	(2,956		)	(2,954		)
Gross unrecognized tax benefits at end of year	$	26,592		$	24,436		$	22,543

- 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.

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