Income Taxes (Tables)

12 Months Ended

Jan. 02, 2016

Schedule of Income before Income Tax, Domestic and Foreign

The domestic and foreign components of (Loss) income before income taxes were as follows:



	Year Ended
(In thousands)	January 2, 2016			January 3, 2015		December 28, 2013
Domestic	$	(92,989	)	$	6,292	$	6,293
Foreign	(33,464		)	36,649		20,193
(Loss) income before taxes	$	(126,453	)	$	42,941	$	26,486

Schedule of Components of Income Tax Expense (Benefit)

The components of the income tax expense (benefit) are as follows:



	Year Ended
(In thousands)	January 2, 2016			January 3, 2015			December 28, 2013
Current:
Federal	$	968		$	329		$	251
State	80			5			(527		)
Foreign	10,634			1,944			1,616
	11,682			2,278			1,340
Deferred:
Federal	18,713			(7,416		)	2,549
State	2,318			(513		)	342
Foreign	(173		)	12			(66		)
	20,858			(7,917		)	2,825
Income tax expense (benefit)	$	32,540		$	(5,639	)	$	4,165

Schedule of Effective Income Tax Rate Reconciliation

Income tax expense (benefit) differs from the amount of income tax determined by applying the applicable U.S. statutory federal income tax rate to pretax income as a result of the following differences:



	Year Ended
	January 2, 2016	January 3, 2015	December 28, 2013
	%	%	%
Statutory federal rate	(35)	35	35
Adjustments for tax effects of:
State taxes, net	(6)	1	2
Research and development credits	(3)	(9)	(11)
Stock compensation	1	1	3
Foreign rate differential	12	(25)	(20)
Foreign dividends	5	1	—
Foreign withholding taxes	3	—	—
Capital loss expiration	—	7	2
Other permanent	4	—	—
Goodwill impairment	4	—	—
Valuation allowance	46	(23)	6
Change in uncertain tax benefit accrual	(8)	1	(1)
Tax rate change	3	(4)	(1)
Other	—	2	1
Effective income tax rate	26	(13)	16

Schedule of Deferred Tax Assets and Liabilities

The components of our net deferred tax assets are as follows:



(In thousands)	January 2, 2016			January 3, 2015
Deferred tax assets:
Accrued expenses and reserves	$	5,690		$	5,416
Inventory	303			—
Deferred Revenue	3,177			—
Stock-based and deferred compensation	7,674			5,530
Intangible assets	16,959			9,841
Fixed assets	—			983
Net operating loss carry forwards	131,829			96,543
Tax credit carry forwards	87,909			40,588
Capital loss carry forwards	1,262			4,142
Other	2,458			220
	257,261			163,263
Less: valuation allowance	(252,578		)	(141,215		)
Net deferred tax assets	4,683			22,048
Deferred tax liabilities:
Fixed Assets	791			—
Other	3,734			717
Total deferred tax liabilities	4,525			717
Net deferred tax assets	$	158		$	21,331

Schedule of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns Roll Forward

The following table summarizes the changes to unrecognized tax benefits for fiscal years 2015, 2014 and 2013:



(In thousands)	Amount
Balance at December 29, 2012	$	21,680
Additions based on tax positions related to the current year	1,600
Additions based on tax positions of prior years	68
Reduction for tax positions of prior years	—
Settlements	(338		)
Reduction as a result of lapse of applicable statute of limitations	(367		)
Balance at December 28, 2013	22,643
Additions based on tax positions related to the current year	770
Additions based on tax positions of prior years	—
Reduction for tax positions of prior years	(4,673		)
Settlements	—
Reduction as a result of lapse of applicable statute of limitations	(67		)
Balance at January 3, 2015	18,673
Additions based on tax positions related to the current year	4,381
Additions based on tax positions of prior years	—
Additions due to acquisition	41,083
Reductions for tax positions of prior years	(14,958		)
Reduction as a result of lapse of applicable statute of limitations	(972		)
Balance at January 2, 2016	48,207