Note 8 - Income Taxes (Tables)

12 Months Ended

Dec. 28, 2019

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

(in thousands)	2019			2018			2017
Current:
U.S. Federal	$	-		$	-		$	12
U.S. State		130			51			18
Foreign		2,173			8,787			6,005
Total current		2,303			8,838			6,035
Deferred:
U.S. Federal		98			56			(3,451	)
U.S. State		1			-			(481	)
Foreign		(5,484	)		(8,263	)		141
Total deferred		(5,385	)		(8,207	)		(3,791	)
	$	(3,082	)	$	631		$	2,244

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

(in thousands)	2019			2018			2017
U.S.	$	(72,669	)	$	(42,682	)	$	1,430
Foreign		592			10,770			33,935
Total	$	(72,077	)	$	(31,912	)	$	35,365

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

(in thousands)	2019			2018
Deferred tax assets:
Inventory, receivable and warranty reserves	$	11,896		$	12,560
Net operating loss carryforwards		69,096			65,587
Tax credit carryforwards		36,489			34,251
Accrued employee benefits		4,685			5,134
Stock-based compensation		2,372			2,108
Lease liabilities		7,890			-
Other		7,885			7,827
Gross deferred tax assets		140,313			127,467
Less valuation allowance		(93,498	)		(84,718	)
Total deferred tax assets		46,815			42,749
Deferred tax liabilities:
Depreciation and fixed asset related		948			3,156
Intangible assets and other acquisition basis differences		62,325			70,415
Operating lease right-of-use assets		7,504			-
Unremitted earnings of foreign subsidiaries		2,462			5,257
Total deferred tax liabilities		73,239			78,828
Net deferred tax liabilities	$	(26,424	)	$	(36,079	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

(in thousands)	2019			2018			2017
Tax provision at U.S. 21% statutory rate (35% in 2017)	$	(15,136	)	$	(6,702	)	$	12,378
Impact of Tax Act, before reduction in valuation allowance		-			5,095			12,397
State income taxes, net of federal tax benefit		(1,097	)		(663	)		56
Settlements, adjustments and releases from statute expirations		(1,204	)		(783	)		(1,731	)
Federal tax credits		(1,458	)		(864	)		(371	)
Stock-based compensation		587			(838	)		(2,801	)
Executive compensation limited by Section 162(m)		190			3,456			246
Change in valuation allowance		11,270			(2,015	)		(13,484	)
Non-deductible transaction related costs		-			1,106			331
GILTI		2,480			3,531			-
Foreign rate differential		187			(435	)		(4,866	)
Other, net		1,099			(257	)		89
	$	(3,082	)	$	631		$	2,244

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

(in thousands)	2019			2018			2017
Balance at beginning of year	$	34,701		$	10,321		$	10,075
Additions for tax positions of current year		1,231			524			200
Additions (reductions) for tax positions of prior years		(484	)		191			58
Reductions due to lapse of the statute of limitations		(957	)		(645	)		(1,148	)
Additions related to Xcerra and Kita acquisitions		-			24,352			900
Reductions due to settlements		(30	)		-			-
Foreign exchange rate impact		104			(42	)		236
Balance at end of year	$	34,565		$	34,701		$	10,321