Income Taxes (Tables)

12 Months Ended

Dec. 27, 2015

Schedule of Income Tax Provision

Income tax provision (benefit) for the years ended December 27, 2015, December 28, 2014, and December 29, 2013 consisted of the following:

	Year Ended
	December 27, 2015			December 28, 2014		December 29, 2013
	(In millions)
Income tax provision (benefit):
Current:
U.S. federal	$	—		$	—	$	—
U.S. state and local		0.1			0.1		0.1
Foreign		14.3			12.7		10.9
		14.4			12.8		11.0
Deferred:
U.S. federal		1.9			1.8		2.0
U.S. state and local		—			0.4		(0.3	)
Foreign		(0.3	)		32.8		(6.5	)
		1.6			35.0		(4.8	)
Total income tax provision (benefit):
U.S. federal		2.0			1.8		2.1
U.S. state and local		—			0.5		(0.3	)
Foreign		14.0			45.5		4.4
	$	16.0		$	47.8	$	6.2

Schedule of Income (Loss) Before Income Taxes

Income before income taxes for the years ended December 27, 2015, December 28, 2014, and December 29, 2013 consisted of the following:

	Year Ended
	December 27, 2015			December 28, 2014			December 29, 2013
	(In millions)
Income (loss) before income taxes:
U.S.	$	(26.4	)	$	30.0		$	18.1
Foreign		27.3			(17.4	)		(6.9	)
	$	0.9		$	12.6		$	11.2

Schedule of Effective Income Tax Rate

The reconciliation between the income tax rate computed by applying the U.S. federal statutory rate and the reported worldwide effective tax rate on income before income taxes is as follows:

	Year Ended
	December 27, 2015			December 28, 2014			December 29, 2013
U.S. federal statutory rate		35.0	%		35.0	%		35.0	%
U.S. state and local taxes, net of federal benefit		46.6			(1.8	)		(1.5	)
Foreign tax rate differential		(1,732.2	)		43.3			77.3
Tax credits (generated) or expired		(5.6	)		40.3			(34.8	)
Foreign withholding taxes		86.4			1.5			(17.5	)
Non-deductible expenses		1,002.5			58.4			45.5
Change in valuation allowance		112.6			171.3			(62.4	)
Foreign exchange differences		1,747.3			34.9			(7.9	)
Deferred charge		90.6			6.2			7.0
Tax rate changes		—			—			14.7
Other		474.9			(10.2	)		—
		1,858.1	%		378.9	%		55.4	%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences in the recognition of income and expense for tax and financial reporting purposes that give rise to significant portions of the deferred tax assets and the deferred tax liabilities at December 27, 2015 and December 28, 2014 are presented below:

	Year Ended
	December 27, 2015			December 28, 2014
	(In millions)
Deferred tax assets:
Net operating loss carry-forwards	$	43.6		$	37.0
Reserves and accruals		39.8			45.8
Tax credit and capital allowance carryovers		65.6			77.5
Plant and equipment		24.7			9.2
Unrealized loss in other comprehensive income		1.1			0.8
Total gross deferred tax assets		174.8			170.3
Valuation allowance		(170.5	)		(169.2	)
Net deferred tax assets		4.3			1.1
Deferred tax liabilities:
Undistributed earnings of foreign subsidiaries		(4.2	)		(3.6	)
Unrealized gain in other comprehensive income		—			—
Capitalized research expenses and intangibles		(17.5	)		(13.2	)
Total deferred tax liabilities		(21.7	)		(16.8	)
Net deferred tax liabilities	$	(17.4	)	$	(15.7	)

Schedule of Net Deferred Tax Assets (Liabilities) by Jurisdiction

Net deferred tax assets (liabilities) by jurisdiction are as follows:

	Year Ended
	December 27, 2015			December 28, 2014
	(In millions)
U.S.	$	(31.6	)	$	(29.8	)
Europe		(0.5	)		(1.0	)
Japan		0.4			0.4
China		11.3			13.7
Hong Kong		3.5			2.4
Malaysia		—			(1.6	)
Singapore		(0.7	)		—
Korea		—			—
Taiwan		0.2			0.2
Net deferred tax liabilities	$	(17.4	)	$	(15.7	)

Schedule of Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in millions):

	Year Ended
	December 27, 2015		December 28, 2014		December 29, 2013
Beginning Balance	$	59.0	$	58.9	$	58.6
Increases related to prior year tax positions		—		0.1		0.3
Decreases related to prior year tax positions		—		—		—
Increases related to current year tax positions		—		—		—
Settlements		—		—		—
Ending Balance	$	59.0	$	59.0	$	58.9

Income Tax Expense Benefit Member

Schedule of Income Tax Provision

Total income tax provision was as follows:

	Year Ended
	December 27, 2015		December 28, 2014		December 29, 2013
	(In millions)
Income tax provision attributable to income before income taxes	$	16.0	$	47.8	$	6.2