10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 10-Q

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended July 4, 2015

OR

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from              to             

Commission File Number: 000-19406

Zebra Technologies Corporation

(Exact name of registrant as specified in its charter)

Delaware	36-2675536
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

3 Overlook Point, Lincolnshire, IL 60069

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (847) 634-6700

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes   x    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definition of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	x	Accelerated filer	¨
Non-accelerated filer	¨  (Do not check if smaller reporting company)	Smaller reporting company	¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  x

As of July 31, 2015, there were 52,073,884 shares of Class A Common Stock, $.01 par value, outstanding.

ZEBRA TECHNOLOGIES CORPORATION AND SUBSIDIARIES

QUARTER ENDED JULY 4, 2015

INDEX

		PAGE
PART I - FINANCIAL INFORMATION
Item 1.	Consolidated Financial Statements
	Consolidated Balance Sheets as of July 4, 2015 (unaudited) and December 31, 2014		3
	Consolidated Statements of Operations (unaudited) for the three and six months ended July 4, 2015 and June 28, 2014		4
	Consolidated Statements of Comprehensive (Loss) Income (unaudited) for the three and six months ended July 4, 2015 and June 28, 2014		5
	Consolidated Statements of Cash Flows (unaudited) for the six months ended July 4, 2015 and June 28, 2014		6
	Notes to Consolidated Financial Statements (unaudited)		7
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations		26
Item 3.	Quantitative and Qualitative Disclosures About Market Risk		33
Item 4.	Controls and Procedures		33
PART II - OTHER INFORMATION
Item 1.	Legal Proceedings		34
Item 1A.	Risk Factors		34
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds		35
Item 6.	Exhibits		36
SIGNATURES			37

2

PART I - FINANCIAL INFORMATION

Item 1. Consolidated Financial Statements

ZEBRA TECHNOLOGIES CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(Amounts in thousands, except per share amounts)

	July 4, 2015			December 31, 2014 Adjusted (See Note 2)
	(Unaudited)
Assets
Current assets:
Cash and cash equivalents	$	204,918		$	393,950
Investments and marketable securities		0			24,385
Accounts receivable, net		631,067			670,402
Inventories, net		404,472			394,176
Deferred income taxes		98,993			122,772
Income tax receivable		49,366			12,988
Prepaid expenses and other current assets		67,304			53,377
Total Current assets		1,456,120			1,672,050
Property and equipment at cost, less accumulated depreciation and amortization		284,593			255,092
Goodwill		2,482,858			2,489,510
Other intangibles, net		898,004			1,029,293
Other long-term assets		95,005			93,121
Total Assets	$	5,216,580		$	5,539,066
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	281,771		$	326,524
Accrued liabilities		363,095			421,070
Deferred revenue		215,458			196,213
Current portion of long-term debt		0			4,209
Income taxes payable		13,110			4,518
Total Current liabilities		873,434			952,534
Long-term debt		3,040,361			3,156,490
Long-term deferred tax liability		156,072			199,853
Long-term deferred revenue		109,089			115,847
Other long-term liabilities		86,034			74,434
Total Liabilities		4,264,990			4,499,158
Stockholders’ Equity:
Preferred stock, $.01 par value; authorized 10,000 shares; none issued		0			0
Class A common stock, $.01 par value; authorized 150,000 shares; issued 72,152 shares		722			722
Additional paid-in capital		175,582			147,090
Treasury stock at cost, 20,076 and 20,498 shares at July 4, 2015 and December 31, 2014, respectively		(632,820	)		(634,664	)
Retained earnings		1,433,752			1,535,307
Accumulated other comprehensive loss		(25,646	)		(8,547	)
Total Stockholders’ Equity		951,590			1,039,908
Total Liabilities and Stockholders’ Equity	$	5,216,580		$	5,539,066

See accompanying Notes to Consolidated Financial Statements.

3

ZEBRA TECHNOLOGIES CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

(Amounts in thousands, except per share data)

(Unaudited)

	Three Months Ended						Six Months Ended
	July 4, 2015			June 28, 2014			July 4, 2015			June 28, 2014
Net sales:
Net sales of tangible products	$	761,935		$	270,049		$	1,517,257		$	531,941
Revenue from services and software		127,839			18,372			265,701			44,748
Total Net sales		889,774			288,421			1,782,958			576,689
Cost of sales:
Cost of sales of tangible products		407,012			136,962			792,382			267,411
Cost of services and software		89,884			9,290			188,176			19,171
Total Cost of sales		496,896			146,252			980,558			286,582
Gross profit		392,878			142,169			802,400			290,107
Operating expenses:
Selling and marketing		125,120			35,755			247,226			71,171
Research and development		99,087			23,710			195,504			46,567
General and administrative		69,659			26,321			135,795			54,712
Amortization of intangible assets		63,700			2,667			131,289			5,339
Acquisition and integration costs		31,166			20,364			57,497			25,291
Exit and restructuring costs		17,949			287			29,118			554
Total Operating expenses		406,681			109,104			796,429			203,634
Operating (loss) income		(13,803	)		33,065			5,971			86,473
Other (expense) income:
Investment income		1,575			379			1,378			800
Foreign exchange income (loss)		11,252			43			(15,939	)		(249	)
Forward interest rate swaps (loss) gain		(1,653	)		(2,433	)		36			(2,433	)
Interest expense		(49,331	)		0			(100,296	)		0
Other, net		(707	)		(57	)		(1,980	)		(49	)
Total Other (expenses)		(38,864	)		(2,068	)		(116,801	)		(1,931	)
(Loss) income before income taxes		(52,667	)		30,997			(110,830	)		84,542
Income tax expense (benefit)		23,591			3,440			(9,275	)		15,379
Net (loss) income	$	(76,258	)	$	27,557		$	(101,555	)	$	69,163
Basic (loss) earnings per share	$	(1.50	)	$	0.54		$	(2.00	)	$	1.37
Diluted (loss) earnings per share	$	(1.50	)	$	0.54		$	(2.00	)	$	1.35
Basic weighted average shares outstanding		50,917			50,606			50,798			50,509
Diluted weighted average and equivalent shares outstanding		50,917			51,278			50,798			51,129

See accompanying Notes to Consolidated Financial Statements.

4

ZEBRA TECHNOLOGIES CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME

(Amounts in thousands)

(Unaudited)

	Three Months Ended						Six Months Ended
	July 4, 2015			June 28, 2014			July 4, 2015			June 28, 2014
Net (loss) income	$	(76,258	)	$	27,557		$	(101,555	)	$	69,163
Other comprehensive (loss) income, net of tax:
Unrealized (loss) gain on anticipated sales hedging transactions		(4,642	)		776			(2,952	)		1,389
Unrealized gain (loss) on forward interest rate swaps hedging transactions		3,164			0			(3,887	)		0
Unrealized holding (loss) gain on investments		0			348			(16	)		496
Foreign currency translation adjustment		(8,532	)		(29	)		(10,244	)		(196	)
Comprehensive (loss) income	$	(86,268	)	$	28,652		$	(118,654	)	$	70,852

See accompanying Notes to Consolidated Financial Statements.

5

ZEBRA TECHNOLOGIES CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Amounts in thousands)

(Unaudited)

	Six Months Ended
	July 4, 2015			June 28, 2014
Cash flows from operating activities:
Net (loss) income	$	(101,555	)	$	69,163
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization		161,865			18,096
Amortization of debt issuance cost and discount		9,662			0
Equity-based compensation		17,519			7,110
Excess tax benefit from equity-based compensation		(11,115	)		(3,947	)
Deferred income taxes		(24,513	)		2,979
Unrealized (gain) loss on forward interest rate swaps		(36	)		2,433
All other, net		584			49
Changes in assets and liabilities, net of businesses acquired:
Accounts receivable, net		48,081			11,359
Inventories, net		(22,755	)		(5,061	)
Other assets		(17,058	)		2,583
Accounts payable		(43,092	)		(5,336	)
Accrued liabilities		730			3,535
Deferred revenue		15,684			502
Income taxes		(17,800	)		4,706
Other operating activities		3,311			1,742
Net cash provided by operating activities		19,512			109,913
Cash flows from investing activities:
Purchases of property and equipment		(49,291	)		(7,962	)
Acquisition businesses, net of cash acquired		(48,805	)		0
Proceeds from sale of long-term investments		1,748			0
Purchases of long-term investments		(168	)		(1,213	)
Purchases of investments and marketable securities		(739	)		(276,400	)
Maturities of investments and marketable securities		0			20,852
Proceeds from sales of investments and marketable securities		25,108			150,781
Net cash used in investing activities		(72,147	)		(113,942	)
Cash flows from financing activities:
Payment of debt		(130,000	)		0
Proceeds from exercise of stock options and stock purchase plan purchases		11,538			8,686
Taxes paid related to net share settlement of equity awards		(13,290	)		(975	)
Excess tax benefit from equity-based compensation		11,115			3,947
Net cash (used in) provided by financing activities		(120,637	)		11,658
Effect of exchange rate changes on cash		(15,760	)		(107	)
Net (decrease) increase in cash and cash equivalents		(189,032	)		7,522
Cash and cash equivalents at beginning of period		393,950			62,827
Cash and cash equivalents at end of period	$	204,918		$	70,349
Supplemental disclosures of cash flow information:
Income taxes paid, net	$	21,354		$	7,627
Interest paid		91,431			0

See accompanying Notes to Consolidated Financial Statements.

6

ZEBRA TECHNOLOGIES CORPORATION AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

Note 1 – Basis of Presentation

Management prepared these unaudited interim consolidated financial statements for Zebra Technologies Corporation and subsidiaries (the “Company”) according to the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial information and notes. These financial statements do not include all of the information and footnotes required by United States generally accepted accounting principles (“GAAP”) for complete financial statements, although management believes that the disclosures are adequate to make the information presented not misleading. Therefore, these consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes included in the Annual Report on Form 10-K for the fiscal year ended December 31, 2014.

In the opinion of the Company, these interim financial statements include all adjustments (of a normal, recurring nature) necessary to present fairly its consolidated balance sheet as of July 4, 2015, the consolidated statements of operations and consolidated statements of comprehensive (loss) income for the three and six months ended July 4, 2015 and June 28, 2014, and the consolidated statements of cash flows for the six months ended July 4, 2015 and June 28, 2014. These results, however, are not necessarily indicative of the results expected for the full year.

Reclassifications: Prior-period amounts differ from amounts previously reported because certain immaterial amounts in the prior year’s financial statements have been reclassified to conform to the current year’s presentation.

Note 2 – Recently Issued Accounting Pronouncement

In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2015-03 “Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” This guidance requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by this ASU. This standard is effective for annual periods beginning after December 15, 2015 and interim periods within those annual periods. As permitted, the Company early adopted this ASU beginning in the second quarter of calendar year 2015. The impact of this ASU reduced both long-term assets and long-term debt by $28.0 million at July 4, 2015. It also reduced long-term assets, short-term debt and long-term debt by $29.8 million, $3.3 million, and $26.5 million, respectively, at December 31, 2014. This ASU has no impact on the consolidated statements of operations or consolidated statements of cash flows.

In May 2014, the FASB issued update 2014-09, ASC 606, “Revenue from Contracts with Customers.” The core principle is that a company should recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration to which the entity expects to receive in exchange for those goods or services. The ASU is effective for annual periods beginning after December 15, 2016 and interim periods within those annual periods. In July 2015, the FASB reached a decision to defer the effective date of the new ASU until December 15, 2017. Management is still assessing the impact of adoption on its consolidated financial statements.

Note 3 – Business Combinations

On October 27, 2014, the Company completed its acquisition of the Enterprise Business (“Enterprise”) from Motorola Solutions Inc. (“MSI”) for a purchase price of $3.45 billion (the “Acquisition”). This transaction positions the Company as a leading technology innovator, with the accelerating convergence of mobility, data analytics and cloud computing. It will enable the Company to further sharpen its strategic focus on providing mission-critical solutions for its customers. Certain assets and liabilities historically associated with the Enterprise business were retained by MSI, including MSI’s iDEN infrastructure business. The Acquisition was pursuant to the Master Acquisition Agreement dated April 14, 2014, as amended (the “Master Acquisition Agreement”) and was structured as a combination of stock and asset acquisitions and a merger of certain US entities, resulting in 100% ownership of Enterprise.

The Company financed the Acquisition through a combination of cash on hand and borrowings of $3.25 billion (the “Indebtedness”), including the sale of 7.25% senior notes due 2022 with an aggregate principal amount of $1.05 billion (the “Senior Notes”) and a credit agreement with various lenders that provided a term loan of $2.2 billion (the “Term Loan”) due 2021. See Note 13 Long-Term Debt. Consideration was paid in the form of cash to MSI in the amount of $3.45 billion, including working capital adjustments.

7

As of July 4, 2015, the allocations of the purchase price for the Acquisition have been prepared on a preliminary basis based on third-party valuations. The Company is in the process of evaluating third-party valuations related to the fair value of its tangible and intangible assets, in addition to determining and recording the tax effects of the transaction to include all assets and liabilities at fair value. Acquired goodwill represents the premium paid over the fair value of the net tangible and intangible assets acquired. The Company paid this premium for a number of reasons, including acquiring an experienced workforce and enhancing technology capabilities as further described above.

During the first half of 2015, the Company adjusted certain preliminary values. The fair value adjustments are reflected in the table below and primarily result in an increase of $2.3 million in assets and a decrease of $4.4 million in liabilities and a corresponding decrease to goodwill of $6.7 million.

Also, additional consideration of $48.8 million was paid to MSI on February 13, 2015 in relation to the opening cash balance. The impact on the Consolidated Statements of Operations relating to these fair value adjustments is not significant.

The following table summarizes the preliminary estimated fair values of the assets acquired and the liabilities assumed at the date of acquisition (in thousands):

Cash and cash equivalents	$	101,441
Accounts receivable, net (1)		437,301
Inventories, net		261,366
Deferred income taxes		113,986
Other current assets		21,905
Property and equipment		126,424
Other intangibles, net		1,014,421
Other long-term assets		49,592
Deferred revenue		(172,161	)
Tax liabilities		(9,410	)
Other current liabilities (2)		(362,535	)
Long-term deferred revenue		(102,424	)
Unrecognized tax benefits		(9,526	)
Other long-term liabilities		(24,884	)
Long-term deferred income taxes		(223,055	)
Total identifiable net assets	$	1,222,441

(1) Based on the preliminary purchase price allocations, accounts receivable estimated fair value is $437.3 million and gross contractual value is $458.3 million. The difference represents the Company’s best estimate of the contractual cash flows that will not be collected.

(2) Other current liabilities include accounts payable, customer reserves, and employee compensation and related benefits.

On a preliminary basis pending the receipt of final valuations, the purchase price was allocated to identifiable tangible and intangible assets acquired and liabilities assumed based on their estimated fair values resulting in goodwill of $2.329 billion. See Note 7 Goodwill and Other Intangibles.

Currently, the amount of goodwill is assigned to the Enterprise segment. The final assignment of goodwill to reporting units has not been completed as of the date these financial statements are issued.

8

Note 4 – Fair Value Measurements

Financial assets and liabilities are to be measured using inputs from three levels of the fair value hierarchy in accordance with ASC Topic 820, “Fair Value Measurements”. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into the following three broad levels:

Level 1: Quoted prices in active markets that are accessible at the measurement date for identical assets or liabilities. The fair value hierarchy gives the highest priority to Level 1 inputs.

Level 2: Observable prices that are based on inputs not quoted on active markets but corroborated by market data.

Level 3: Unobservable inputs are used when little or no market data is available. The fair value hierarchy gives the lowest priority to Level 3 inputs.

In determining fair value, the Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible. In addition, the Company considers counterparty credit risk in the assessment of fair value.

Financial assets and liabilities carried at fair value as of July 4, 2015, are classified below (in thousands):

	Level 1		Level 2		Level 3		Total
Assets:
Forward contracts (1)	$	0	$	4,567	$	0	$	4,567
Money market investments related to the deferred compensation plan		7,943		0		0		7,943
Total Assets at fair value	$	7,943	$	4,567	$	0	$	12,510
Liabilities:
Forward interest rate swap (2)	$	0	$	23,331	$	0	$	23,331
Forward contracts (1)		471		206		0		677
Liabilities related to the deferred compensation plan		7,943		0		0		7,943
Total Liabilities at fair value	$	8,414	$	23,537	$	0	$	31,951

Financial assets and liabilities carried at fair value as of December 31, 2014, are classified below (in thousands):

	Level 1		Level 2		Level 3		Total
Assets:
U.S. government and agency securities	$	10,720	$	0	$	0	$	10,720
Obligations of government-sponsored enterprises (3)		0		705		0		705
State and municipal bonds		0		5,179		0		5,179
Corporate securities		0		7,781		0		7,781
Investments subtotal		10,720		13,665		0		24,385
Forward contracts (1)		2,039		7,279		0		9,318
Money market investments related to the deferred compensation plan		6,008		0		0		6,008
Total Assets at fair value	$	18,767	$	20,944	$	0	$	39,711
Liabilities:
Forward interest rate swap (2)	$	0	$	16,718	$	0	$	16,718
Liabilities related to the deferred compensation plan		6,008		0		0		6,008
Total Liabilities at fair value	$	6,008	$	16,718	$	0	$	22,726

9

(1) The fair value of forward contracts is calculated as follows:

a. Fair value of a collar or put option contract associated with forecasted sales hedges is calculated using bid and ask rates for similar contracts.

b. Fair value of regular forward contracts associated with forecasted sales hedges is calculated using the period-end exchange rate adjusted for current forward points.

c. Fair value of hedges against net assets is calculated at the period end exchange rate adjusted for current forward points unless the hedge has been traded but not settled at period end. If this is the case, the fair value is calculated at the rate at which the hedge is being settled.

(2) The fair value of forward interest rate swap is based upon a valuation model that uses relevant observable market inputs at the quoted intervals, such as forward yield curves, and is adjusted for the Company’s own credit risk and the interest rate swap terms.

(3) Includes investments in notes issued by the Federal Home Loan Mortgage Corporation and the Federal Home Loan Bank.

The following is a summary of investments (in thousands):

	As of December 31, 2014
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
U.S. government and agency securities	$	10,720	$	0	$	0		$	10,720
Obligations of government-sponsored enterprises		705		0		0			705
State and municipal bonds		5,156		27		(4	)		5,179
Corporate securities		7,779		12		(10	)		7,781
Total investments	$	24,360	$	39	$	(14	)	$	24,385

The carrying value for the Company’s financial instruments are classified as current assets (other than short-term investments) and current liabilities approximate fair value due to their short maturities.

Note 5 – Accounts Receivable

The components of accounts receivable, net are as follows (in thousands):

	As of
	July 4, 2015			December 31, 2014
Account receivable, gross	$	632,381		$	671,471
Accounts receivable reserves		(1,314	)		(1,069	)
Accounts receivable, net	$	631,067		$	670,402

Note 6 – Inventories

The components of inventories, net are as follows (in thousands):

	As of
	July 4, 2015			December 31, 2014
Raw material	$	163,826		$	139,647
Work in process		476			476
Finished goods		255,756			259,872
Inventories, gross		420,058			399,995
Inventory reserves		(15,586	)		(5,819	)
Inventories, net	$	404,472		$	394,176

10

Note 7 – Goodwill and Other Intangibles

In 2014, the Company acquired intangible assets in the amount of $1.014 billion for developed technology, customer relationships and trade names associated with the Acquisition. These intangible assets have a estimated useful lives ranging from one to fifteen years. See Note 3 Business Combinations for specific information regarding the Acquisition.

Other intangibles, net, are as follows (in thousands):

	As of
	July 4, 2015			December 31,2014
Current technology	$	23,201		$	23,201
Trade names		40,300			40,300
Unpatented technology		280,000			280,000
Patents and patent rights		244,569			244,569
Customer relationships		532,591			532,591
Accumulated amortization		(222,657	)		(91,368	)
Other intangibles, net	$	898,004		$	1,029,293

Amortization of intangibles assets was $131.3 million and $5.3 million for the six months ended July 4, 2015 and June 28, 2014, respectively.

In 2014, the Company acquired goodwill in the amount of $2.329 billion. See Note 3 Business Combinations for specific information regarding the Acquisition.

Note 8 – Other Long-Term Assets

Other long-term assets consist of the following (in thousands):

	As of
	July 4, 2015		December 31,2014
Investments related to the deferred compensation plan	$	7,943	$	6,008
Long-term investments		30,180		31,759
Other long-term assets		26,924		22,652
Long-term trade receivable		14,159		16,985
Long-term notes receivable		14,231		14,231
Deposits		1,568		1,486
Total other long-term assets	$	95,005	$	93,121

The long-term investments are primarily in venture-capital backed technology companies, and the Company’s ownership interest is between 1.7% to 17.4%.

Note 9 – Accrued Liabilities

The components of accrued liabilities are as follows (in thousands):

	As of
	July 4, 2015		December 31,2014
Accrued payroll	$	67,180	$	73,582
Accrued warranty		25,391		24,666
Accrued taxes		5,029		11,446
Interest payable		34,729		34,727
Amount owed to seller- MSI		0		48,806
Customer reserves		57,383		39,201
Accrued other expenses		173,383		188,642
Total accrued liabilities	$	363,095	$	421,070

11

Note 10 – Costs Associated with Exit and Restructuring Activities

Total restructuring and related charges of $34.7 million life to date specific to the Acquisition have been recorded through July 4, 2015: $6.9 million in the Legacy Zebra segment and $27.8 million in the Enterprise segment related to organizational design changes.

During the first six months of 2015, the Company incurred exit and restructuring costs specific to the Acquisition as follows (in thousands):

Type of Cost	Cost incurred through December 31, 2014		Costs incurred for the six months ended July 4, 2015		Total costs incurred as of July 4, 2015
Severance, stay bonuses, and other employee-related expenses	$	5,557	$	24,963	$	30,520
Obligations for future lease payments		0		3,824		3,824
Professional services		16		331		347
Total	$	5,573	$	29,118	$	34,691

Exit and restructuring charges for the three and six month periods ended July 4, 2015 were $5.3 million and $6.9 million for the Legacy Zebra segment and $12.6 million and $22.2 million for the Enterprise segment, respectively. The Company expects additional charges related to the Acquisition through the end of 2016.

As of December 31, 2014, the Company incurred the following exit and restructuring costs related to 2014 organization design changes, Location Solutions business management structure and manufacturing operations relocation and restructuring (in thousands):

Type of Cost	Cost incurred through December 31, 2013		Costs incurred for the twelve months ended December 31, 2014		Total costs incurred as of December 31, 2014
Severance, stay bonuses, and other employee-related expenses	$	6,650	$	5,991	$	12,641
Professional services		180		16		196
Relocation and transition costs		20		0		20
Total	$	6,850	$	6,007	$	12,857

A rollforward of the exit and restructuring accruals is as follows (in thousands):

	Three Months Ended July 4, 2015			Three Months Ended June 28, 2014			Six Months Ended July 4, 2015			Six Months Ended June 28, 2014
Balance at the beginning of period	$	8,241		$	329		$	6,830		$	1,252
Charged to earnings		17,949			287			29,118			554
Cash paid		(8,496	)		(114	)		(18,254	)		(1,304	)
Balance at the end of period	$	17,694		$	502		$	17,694		$	502

Liabilities related to exit and restructuring activities are included in accrued liabilities and other long-term liabilities. Payments of the related, long-term liabilities will be completed by August 2019.

12

Note 11 – Derivative Instruments

The Company conducts business on a multinational basis in a wide variety of foreign currencies; as such, the Company manages these risks using derivative financial instruments. The exposure to market risk for changes in foreign currency exchange rates arises from cross-border financing activities between subsidiaries and foreign currency denominated monetary assets and liabilities. The objective is to preserve the economic value of non-functional currency denominated cash flows. Therefore, the goal is to hedge transaction exposures with natural offsets to the fullest extent possible and, once these opportunities have been exhausted, through foreign exchange forward and option contracts with third parties.

The Company entered into a credit agreement which provides for a term loan of $2.2 billion (“Term Loan”) and a revolving credit facility of $250.0 million (“Revolving Credit Facility”). See Note 13 Long-Term Debt. As such, the Company has exposure to market risk for changes in interest expense calculated off of variable interest rates on the term facility that was used to fund the Acquisition. The Company entered into forward interest rate swaps to hedge a portion of the interest rate risk associated with the Term Loan.

The fair value of the forward starting interest rate swap contracts is estimated using market quoted forward interest rates for the London Interbank Offered Rate (“LIBOR”) at the balance sheet date and the application of such rates subject to the interest rate swap terms. In accordance with ASC 815, “Derivative and Hedging,” the Company recognizes derivative instruments as either assets or liabilities on the balance sheet and measures them at fair value. Gains and losses resulting from changes in fair value are accounted for depending on the use of the derivative and whether it is designated as and qualifies for hedge accounting. The Company’s master netting and other similar arrangements with the respective counterparties allow for net settlement under certain conditions, which are designed to reduce credit risk by permitting net settlement with the same counterparty.

Credit and Market Risk

Financial instruments, including derivatives, expose the Company to counterparty credit risk for nonperformance and to market risk related to interest and currency exchange rates. The Company manages its exposure to counterparty credit risk through specific minimum credit standards, diversification of counterparties, and procedures to monitor concentrations of credit risk. Its counterparties in derivative transactions are commercial banks with significant experience using derivative instruments. The Company monitors the impact of market risk on the fair value and cash flows of its derivative and other financial instruments considering reasonably possible changes in interest rates and currency exchange rates and restricts the use of derivative financial instruments to hedging activities. The Company continually monitors the creditworthiness of its customers to which it grants credit terms in the normal course of business. The terms and conditions of the Company’s credit sales are designed to mitigate or eliminate concentrations of credit risk with any single customer.

Fair Value of Derivative Instruments

The Company has determined that derivative instruments for hedges that have traded but have not settled are considered Level 1 in the fair value hierarchy, and hedges that have not traded are considered Level 2 in the fair value hierarchy. Derivative instruments are used to manage risk and are not used for trading or other speculative purposes, nor does the Company use leveraged derivative financial instruments. The foreign currency exchange contracts are valued using broker quotations or market transactions, in either the listed or over-the-counter markets.

Hedging of Net Assets

The Company uses forward contracts to manage exposure related to its British pound, Canadian dollar, Czech Koruna, Brazilian Real and Euro denominated net assets. Forward contracts typically mature within three months after execution of the contracts. The Company records gains and losses on these contracts and options in income each quarter along with the transaction gains and losses related to its net asset positions, which would ordinarily offset each other.

Summary financial information related to these activities included in the Company’s consolidated statements of operations as other (expense) income is as follows (in thousands):

	Three Months Ended						Six Months Ended
	July 4, 2015			June 28, 2014			July 4, 2015			June 28, 2014
Realized (loss) gain from foreign exchange derivatives	$	(933	)	$	516		$	3,370		$	541
Gain (loss) on net foreign currency assets		12,185			(473	)		(19,309	)		(790	)
Foreign exchange gain (loss)	$	11,252		$	43		$	(15,939	)	$	(249	)

13

	As of
	July 4, 2015		December 31, 2014
Notional balance of outstanding contracts (in thousands):
British pound/US dollar	£	15,882	£	4,574
Euro/US dollar	€	171,446	€	40,218
British pound/ Euro	£	11,482	£	0
US dollar /Canadian dollar	$	38,315	$	0
Czech Koruna /US dollar	Kč	266,579	Kč	0
Brazilian Real /US dollar	R$	44,485	R$	0
Net fair value of outstanding contracts	$	206	$	250

Hedging of Anticipated Sales

The Company manages the exchange rate risk of anticipated Euro denominated sales using purchased collar or put options, forward contracts, and participating forwards. The Company designates these contracts as cash flow hedges which mature within twelve months after the execution of the contracts. Gains and losses on these contracts are deferred in other comprehensive income until the contracts are settled and the hedged sales are realized. The deferred gains or losses will then be reported as an increase or decrease to sales.

Summary financial information related to the cash flow hedges within comprehensive income is as follows (in thousands):

	Three Months Ended					Six Months Ended
	July 4, 2015			June 28, 2014		July 4, 2015			June 28, 2014
Change in unrealized (losses) gains on anticipated sales hedging:
Gross	$	(5,802	)	$	999	$	(3,691	)	$	1,779
Income tax expense (benefit)		(1,160	)		223		(739	)		390
Net	$	(4,642	)	$	776	$	(2,952	)	$	1,389

Summary financial information related to the cash flow hedges of future revenues is as follows (in thousands, except percentages):

	As of
	July 4, 2015			December 31, 2014
Notional balance of outstanding contracts versus the dollar	€	98,120		€	88,969
Hedge effectiveness		100	%		100	%

	Three Months Ended					Six Months Ended
	July 4, 2015		June 28, 2014			July 4, 2015		June 28, 2014
Net gains (losses) included in revenue	$	4,833	$	(957	)	$	11,268	$	(1,928	)

Forward Contracts

The Company records its forward contracts at fair value on its consolidated balance sheets as a current asset or liability, depending upon the fair value calculation as detailed in Note 4 Fair Value Measurements. The amounts recorded on the consolidated balance sheets are as follows (in thousands):

	As of
	July 4, 2015		December 31, 2014
Assets:
Prepaid expenses and other current assets	$	4,567	$	9,318
Total	$	4,567	$	9,318
Liabilities:
Accrued liabilities	$	677	$	0
Total	$	677	$	0

14

Forward Interest Rate Swaps

The forward interest rate swaps hedge the interest rate risk associated with the variable interest payments on the Company’s Term Loan that was used to fund the Acquisition.

In June 2014, the Company entered into a commitment letter for a new variable rate credit facility to fund the Acquisition and also entered into two tranches of floating-to-fixed forward interest rate swaps (“Original Swaps”). These Original Swaps were used to economically hedge interest rate risk associated with the variable rate commitment until July 30, 2014, and as such, changes in their fair value were recognized in earnings in other expense (income). Effective July 30, 2014, the Original Swaps were designated as cash flow hedges of interest rate exposure associated with variability in future cash flows on the variable rate commitment. On October 27, 2014, the variable rate commitment was funded and the Company entered into a Term Loan that accrues interest at a variable rate of LIBOR (subject to a floor of 0.75% per annum) plus a margin of 4.0%. On October 30, 2014, the Company discontinued hedge accounting for the Original Swaps due to the syndication of the Original Swaps to a group of commercial banks (“Syndicated Swaps”), which resulted in their termination. The changes in fair value of the Original Swaps between July 30, 2014 and their termination were included in other comprehensive (loss) income, and any ineffectiveness was insignificant. The amounts included in other comprehensive (loss) income will be amortized to earnings in other expense (income) as the interest payments under the Term Loan affect earnings. The Syndicated Swaps were not designated as hedges and the changes in fair value are recognized in earnings in other expense (income).

On November 20, 2014, the Company entered into additional floating-to-fixed forward starting interest rate swaps (“New Swaps”) and designated these as cash flow hedges of interest rate exposure associated with variability in future cash flows on its Term Loan. To offset the impact to earnings of the changes in fair value of the Syndicated Swaps, the Company also entered into fixed-to-floating forward starting interest rate swaps (“Offsetting Swaps”), which were not designated in a hedging relationship and the changes in the fair value are recognized in earnings in other income (expense). Changes in fair value of the New Swaps that are designated as cash flow hedges and are effective at offsetting variability in the future cash flows on the Company’s Term Loan are recognized in other comprehensive (loss) income. Ineffectiveness is immediately recognized in earnings.

The location of the forward interest rate swaps designated in a hedge relationship is as follows (in thousands):

	As of
	July 4, 2015			December 31, 2014
Other long-term liabilities	$	8,819		$	2,170
Hedge effectiveness		100	%		100	%

The forward interest rate swaps not designated in a hedging relationship are recorded in a net liability position of $14.5 million as of July 4, 2015 and December 31, 2014 in the Consolidated Balance Sheets.

The gross and net amounts offset at July 4, 2015 were as follows (in thousands):

	Gross Fair Value		Counterparty Offsetting		Net Fair Value in the Consolidated Balance Sheets
Counterparty A	$	8,435	$	3,622	$	4,813
Counterparty B		3,194		839		2,355
Counterparty C		3,328		917		2,411
Counterparty D		6,216		1,775		4,441
Counterparty E		3,167		837		2,330
Counterparty F		3,136		829		2,307
Counterparty G		4,674		0		4,674
Total	$	32,150	$	8,819	$	23,331

15

The volume of the New Swaps designated in a hedge relationship is as follows (in thousands):

	As of
	July 4, 2015		December 31, 2014
Notional balance of outstanding contracts	$	3,339,000	$	3,339,000

The New Swaps, each with a term of one year, are designated as cash flow hedges of interest rate exposure associated with variability in future cash flows on the Term Loan. The notional amount of the designated New Swaps effective in each year of the cash flow hedge relationships does not exceed the principal amount of the Term Loan which is hedged. The New Swaps have the following notional amounts per year (in thousands):

Year 2015	$	1,010,000
Year 2016		697,000
Year 2017		544,000
Year 2018		544,000
Year 2019		272,000
Year 2020		272,000
Notional balance of outstanding contracts	$	3,339,000

The (loss) gain recognized on the forward interest rate swaps not designated in a hedge relationship is as follows (in thousands):

	Three Months Ended						Six Months Ended
	July 4, 2015			June 28, 2014			July 4, 2015		June 28, 2014
(Loss) gain on forward interest-rate swaps	$	(1,653	)	$	(2,433	)	$	36	$	(2,433	)

The (loss) gain recognized in other comprehensive income (loss) on the forward interest rate swaps designated in a hedging relationship is as follows (in thousands):

	Three Months Ended				Six Months Ended
	July 4, 2015		June 28, 2014		July 4, 2015			June 28, 2014
Change in unrealized gains (losses) on forward interest rate swap hedging:
Gross	$	5,115	$	0	$	(6,619	)	$	0
Income tax expense (benefit)		1,951		0		(2,732	)		0
Net	$	3,164	$	0	$	(3,887	)	$	0

No significant gain (loss) was reclassified from accumulated other comprehensive (loss) income into interest expense on the forward interest rate swaps designated in a hedging relationship during the three and six month periods ended July 4, 2015 and June 28, 2014.

At July 4, 2015, the Company expects that approximately $7.8 million in losses on the forward interest rate swaps designated in a hedging relationship will be reclassified from accumulated other comprehensive loss into earnings during the next four quarters.

16

Note 12 – Warranty

In general, the Company provides warranty coverage of one year on mobile computing products and WLAN products. Advanced data capture products are warranted from one to five years, depending on the product. Printers are warranted for one year against defects in material and workmanship. Thermal printheads are warranted for six months and batteries are warranted for one year. Battery-based products, such as location tags, are covered by a ninety-day warranty. A provision for warranty expense is recorded at the time of sale and is adjusted quarterly based on historical warranty experience.

The following table is a summary of the Company’s accrued warranty obligation (in thousands):

	Six Months Ended
	July 4, 2015			June 28, 2014
Balance at the beginning of period	$	24,666		$	4,125
Warranty expense		16,126			3,648
Warranty payments		(15,401	)		(3,587	)
Balance at the end of period	$	25,391		$	4,186

Note 13 – Long-Term Debt

Private Offering

On October 15, 2014, the Company completed a private offering of $1.05 billion aggregate principal of 7.25% Senior Notes due October 15, 2022. The Senior Notes yielded an effective interest rate of 7.61% at issuance. The Senior Notes are governed by the terms of an indenture, dated as of October 15, 2014, by and among the Company and U.S. Bank National Association, as Trustee. Interest on the Senior Notes is payable in cash on April 15 and October 15 of each year.

The Indenture covering the Senior Notes contains certain various restrictive and affirmative covenants. In addition, the Senior Notes are guaranteed jointly and severally, on a senior and unsecured basis by the Company’s direct and indirect wholly-owned existing and future domestic restricted subsidiaries, subject to certain exceptions.

Credit Facilities

Borrowings under the Term Loan bear interest at a variable rate plus an applicable margin, subject to an all-in floor of 4.75%. As of July 4, 2015, the Term Loan interest rate was 4.75%. Interest payments are payable quarterly. The Company has entered into interest rate swaps to manage interest rate risk on its long-term debt. See Note 11 Derivative Instruments.

The credit agreement requires the Company to prepay the Term Loan and Revolving Credit Facility, under certain circumstances or transactions defined in the credit agreement. Also, the Company may make optional prepayments of the Term Loans, in whole or in part, without premium or penalty. The Company made such optional principal prepayments of $50.0 million, $30.0 million and $50.0 million on March 15, 2015, May 13, 2015 and July 2 2015, respectively. Unless satisfied by further optional prepayments, the Company is required to make scheduled principal payments of $2.0 million on March 31, 2021, $5.5 million on June 30, 2021, and $5.5 million on September 30, 2021, with the balance of $2.057 billion due on October 27, 2021.

The Revolving Credit Facility is available for working capital and other general corporate purposes including letters of credit. The amount (including letters of credit) shall not exceed $250.0 million. As of July 4, 2015, the Company had established letters of credit amounting to $3.1 million, which reduced funds available for other borrowings under the agreement to $246.9 million. The Revolving Credit Facility will mature and the commitments thereunder will terminate on October 27, 2019.

Borrowings under the Revolving Credit Facility bear interest at a variable rate plus an applicable margin. As of July 4, 2015, the Revolving Credit Facility interest rate was 3.25%. Interest payments are payable quarterly. As of July 4, 2015 and December 31 2014, the Company did not have any borrowings against the Revolving Credit Facility.

17

The Credit Facilities contains various restrictive and affirmative covenants and are collateralized by a security interest in substantially all of the Company’s assets as defined in the security agreement and guaranteed by its direct and indirect wholly-owned existing and future domestic restricted subsidiaries, subject to certain exceptions.

The following table summarizes the carrying value of the Company’s debt (in thousands):

	As of
	July 4, 2015			December 31, 2014
Senior Notes	$	1,050,000		$	1,050,000
Term Loan		2,070,000			2,200,000
Less debt issuance costs Less unamortized discounts		(28,022 (51,617	)  )		(29,785 (59,516	)  )
Total outstanding debt		3,040,361			3,160,699
Current maturities of long-term debt Less: current portion of unamortized discounts		0 0			16,500 (8,978	)
Less: current portion of debt issuance costs		0			(3,313	)
Total short-term debt		0			4,209
Long-term debt, less current maturities	$	3,040,361		$	3,156,490

The estimated fair value of the Company’s long-term debt approximated $3.2 billion at July 4, 2015 and $3.3 billion at December 31, 2014. These fair value amounts represent the estimated value at which the Company’s lenders could trade its debt within the financial markets and does not represent the settlement value of these long-term debt liabilities to the Company. The fair value of the long-term debt will continue to vary each period based on fluctuations in market interest rates, as well as changes to the Company’s credit ratings. This methodology resulted in a Level 2 classification in the fair value hierarchy.

Note 14 – Contingencies

The Company is subject to a variety of investigations, claims, suits and other legal proceedings that arise from time to time in the ordinary course of business, including but not limited to, intellectual property, employment, tort and breach of contract matters. The Company currently believes that the outcomes of such proceedings, individually and in the aggregate, will not have a material adverse impact on its business, cash flows, financial position, or results of operations. Any legal proceedings are subject to inherent uncertainties, and the Company’s view of these matters and its potential effects may change in the future.

In re Symbol Technologies, Inc. Securities Litigation

In connection with the acquisition of the Enterprise business from Motorola Solutions, Inc., the Company acquired Symbol Technologies, Inc., a subsidiary of Motorola Solutions. A putative federal class action lawsuit, Waring v. Symbol Technologies, Inc., et al., was filed on August 16, 2005 against Symbol Technologies, Inc. and two of its former officers in the United States District Court for the Eastern District of New York by Robert Waring. After the filing of the Waring action, several additional purported class actions were filed against Symbol and the same former officers making substantially similar allegations (collectively, the “New Class Actions”). The Waring action and the New Class Actions were consolidated for all purposes and on April 26, 2006, the Court appointed the Iron Workers Local # 580 Pension Fund as lead plaintiff and approved its retention of lead counsel on behalf of the putative class. On August 30, 2006, the lead plaintiff filed a Consolidated Amended Class Action Complaint (the “Amended Complaint”), and named additional former officers and directors of Symbol as defendants. The lead plaintiff alleges that the defendants misrepresented the effectiveness of Symbol’s internal controls and forecasting processes, and that, as a result, all of the defendants violated Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”) and the individual defendants violated Section 20(a) of the Exchange Act. The Amended Complaint alleges that it was damaged by the decline in the price of Symbol’s stock following certain purported corrective disclosures and seeks unspecified damages. By orders entered on June 25 and August 3, 2015, the court granted lead plaintiff’s motion for class certification, certifying a class of investors that includes those that purchased Symbol common stock between April 29, 2003 and August 1, 2005. The parties have substantially completed fact discovery. Pursuant to the Court’s current scheduling order, expert discovery is expected to be completed by January 15, 2016, and dispositive motions are to be filed by February 12, 2016. The Company establishes an accrued liability for loss contingencies related to legal matters when the loss is both probable and estimable. In addition, for some matters for which a loss is probable or reasonably possible, an estimate of the amount of loss or range of loss is not possible, and we may be unable to estimate the possible loss or range of losses that could potentially result from the application of non-monetary remedies. Currently, the Company is unable to reasonably estimate the amount of reasonably possible losses for this matter.

18

Note 15 – Earnings per Share

Earnings per share were computed as follows (in thousands, except per share amounts):

	Three Months Ended					Six Months Ended
	July 4, 2015			June 28, 2014		July 4, 2015			June 28, 2014
Weighted average shares:
Basic weighted average shares outstanding		50,917			50,606		50,798			50,509
Effect of dilutive securities outstanding		0			672		0			620
Diluted weighted average and equivalent shares outstanding		50,917			51,278		50,798			51,129
Basic per share amounts:
Net (loss) income	$	(76,258	)	$	27,557	$	(101,555	)	$	69,163
Basic weighted average shares outstanding		50,917			50,606		50,798			50,509
Per share amount	$	(1.50	)	$	0.54	$	(2.00	)	$	1.37
Diluted per share amounts:
Net (loss) income	$	(76,258	)	$	27,557	$	(101,555	)	$	69,163
Diluted weighted average and equivalent shares outstanding		50,917			51,278		50,798			51,129
Per share amount	$	(1.50	)	$	0.54	$	(2.00	)	$	1.35

Potentially dilutive securities consist primarily of stock appreciation rights (SARs) with an exercise price greater than the average market closing price of the Class A common stock. Due to a net loss for the second quarter and first half of 2015, restricted stock and warrants were anti-dilutive and therefore excluded from the earnings per share calculation. These excluded shares are as follows:

	Three Months Ended				Six Months Ended
	July 4, 2015		June 28, 2014		July 4, 2015		June 28, 2014
Potentially dilutive shares		1,152,000		166,000		1,018,000		166,000

19

Note 16 – Equity-Based Compensation

The Company has an equity-based compensation plan and an employee stock purchase plan under which shares of the Company’s common stock are available for future grants and sales. The Company recognizes compensation costs using the straight-line method over the vesting period upon grant of up to five years.

Pre-tax equity-based compensation expense recognized in the statements of operations was $17.5 million and $7.1 million for the six month periods ended July 4, 2015 and June 28, 2014, respectively. Tax related benefits of $3.1 million and $2.4 million were also recognized for the six-month periods ended July 4, 2015 and June 28, 2014, respectively.

The Company issued 421,733 and 400,538 shares in connection with equity-based compensation and employee stock purchase programs during the six months ended July 4, 2015 and June 28, 2014 respectively.

The fair value of equity-based compensation is estimated on the date of grant using a binomial model. Volatility is based on an average of the implied volatility in the open market and the annualized volatility of the Company’s stock prices over its entire stock history. Stock option grants in the table below include both stock options, all of which were non-qualified, and stock appreciation rights (SARs) that will be settled in the Company stock or cash. Restricted stock grants are valued at the market closing price on the grant date. The following table shows the weighted-average assumptions used for grants of SARs as well as the fair value of the grants based on those assumptions:

	Six Months Ended
	July 4, 2015			June 28, 2014
Expected dividend yield		0	%		0	%
Forfeiture rate		10.24	%		10.32	%
Volatility		33.98	%		34.92	%
Risk free interest rate		1.53	%		1.73	%
Range of interest rates		0.02% - 2.14	%		0.02% - 2.61	%
Expected weighted-average life		5.32 years			5.36 years
Fair value of SARs granted	$	11,324,000		$	4,211,000
Weighted-average grant date fair value of SARs granted (per underlying share)	$	35.25		$	25.02

Stock option activity was as follows:

	Six Months Ended July 4, 2015
Options	Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at beginning of year		415,960		$	40.19
Exercised		(171,666	)		43.49
Expired		(1,550	)		51.62
Outstanding at end of period		242,744			37.78		2.3 Years	$	14.0 million
Exercisable at end of period		242,744			37.78		2.3 Years	$	14.0 million
Intrinsic value of exercised options	$	8,384,000

20

SARs activity was as follows:

	Six Months Ended July 4, 2015
SARs	Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at beginning of year		1,292,142		$	42.20
Granted		321,244			108.05
Exercised		(156,366	)		40.76
Forfeited		(13,032	)		61.72
Outstanding at end of period		1,443,988			56.83		7.3 years	$	59.7 million
Exercisable at end of period		755,871			35.91		5.8 years	$	44.9 million
Intrinsic value of exercised SARs	$	9,684,000

Restricted stock award activity was as follows:

	Six Months Ended July 4, 2015
Restricted Stock Awards	Shares			Weighted-Average Grant Date Fair Value
Outstanding at beginning of year		691,621		$	60.06
Granted		179,900			107.89
Released		(240,616	)		51.81
Forfeited		(31,189	)		70.62
Outstanding at end of period		599,716		$	77.20

Performance share award activity was as follows:

	Six Months Ended July 4, 2015
Performance Share Awards	Shares			Weighted-Average Grant Date Fair Value
Outstanding at beginning of year		374,180		$	61.38
Granted		111,235			75.93
Released		(120,000	)		38.67
Forfeited		(20,804	)		72.98
Outstanding at end of period		344,611		$	73.48

Restricted stock unit activity was as follows:

	Six Months Ended July 4, 2015
Restricted Stock Units	Shares
Outstanding at beginning of year		41,964
Granted		11,618
Released		(8,541	)
Forfeited		(3,820	)
Outstanding at end of period		41,221

Performance stock unit activity was as follows:

	Six Months Ended July 4, 2015
Performance Stock Units	Shares
Outstanding at beginning of year		10,345
Granted		283
Forfeited		(1,272	)
Outstanding at end of period		9,356

21

As of July 4, 2015 total unearned compensation costs related to the Company’s equity based compensation plans was $64.0 million which will be amortized over the weighted average remaining service period of 2.9 years.

The fair value of the purchase rights issued to the Company’s employees under the stock purchase plan is estimated using the following weighted-average assumptions for purchase rights granted. Expected lives of three months to one year have been used along with these assumptions.

	Six Months Ended
	July 4, 2015			June 28, 2014
Fair market value	$	82.68		$	60.06
Option price	$	78.55		$	57.06
Expected dividend yield		0	%		0	%
Expected volatility		27	%		34	%
Risk free interest rate		0.04	%		0.06	%

Note 17 – Income Taxes

The Company recognized a tax benefit of $9.3 million for the six-months ended July 4, 2015 compared to a tax expense of $15.4 million for the corresponding period in the prior year. The Company’s effective tax rates were 8.4% and 18.2% as of July 4, 2015 and June 28, 2014, respectively. The Company’s effective tax rate was lower than the federal statutory rate of 35% primarily due to pre-tax losses in the United States in excess of pre-tax income in various non-US jurisdictions, which was offset by the corporate structure realignment. The Company’s effective tax rate in 2014 benefited from lower taxes on income in various non-US jurisdictions.

Since the date of the Enterprise acquisition, the Company has been executing its integration plan for the Enterprise business (the “Integration Plan”). The Company anticipates completing the Integration Plan as soon as practicable and expects that the Integration Plan will allow the combined businesses to achieve further synergies and cost savings associated with the acquisition. As part of the Integration Plan, the Company began realigning certain acquired assets of the Enterprise business with and into the Company’s corporate structure and business model. The realignment resulted in a discrete charge of approximately $31.6 million in the second quarter of 2015.

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Note 18 – Other Comprehensive (Loss) Income

Stockholders’ equity includes certain items classified as accumulated other comprehensive (loss) income (AOCI), including:

• Unrealized gains (losses) on anticipated sales hedging transactions relate to derivative instruments used to hedge the currency exchange rates for forecasted euro sales. These hedges are designated as cash flow hedges, and the Company defers income statement recognition of gains and losses until the hedged transaction occurs. See Note 11 Derivative Instruments for more details.

• Unrealized gains (losses) on forward interest rate swaps hedging transactions refer to the hedging of the interest rate risk associated with the variable rate commitment entered into for the Acquisition. See Note 11 Derivative Instruments for more details.

• Unrealized gains (losses) on investments are deferred from Statement of Operations recognition until the gains or losses are realized.

• Foreign currency translation adjustment relates to the Company’s non-U.S. subsidiary companies that have designated a functional currency other than the U.S. dollar. The Company is required to translate the subsidiary functional currency financial statements to dollars using a combination of historical, period-end, and average foreign exchange rates. This combination of rates creates the foreign currency translation adjustment component of other comprehensive income.

The components of other comprehensive (loss) income (OCI) the three months ended July 4, 2015 and June 28, 2014 are as follows (in thousands):

2015	As of April 4, 2015			Balance recognized in OCI			Balance reclassified from AOCI to income			Three Months ended July 4, 2015			As of July 4, 2015
Unrealized gains (losses) on anticipated sales hedging transactions:
Gross	$	8,770		$	(969	)	$	(4,833	)(1)	$	(5,802	)	$	2,968
Income tax (benefit)		1,754			(165	)		(995	)		(1,160	)		594
Net		7,016			(804	)		(3,838	)		(4,642	)		2,374
Unrealized (losses) gains on forward interest rate swaps hedging transactions:
Gross		(23,803	)		5,115			0	(2)		5,115			(18,688	)
Income tax (benefit)		(9,053	)		1,951			0			1,951			(7,102	)
Net		(14,750	)		3,164			0			3,164			(11,586	)
Unrealized gains (losses) on investments:
Gross		77			0			0	(3)		0			77
Income tax (benefit)		(254	)		0			0			0			(254	)
Net		331			0			0			0			331
Foreign currency translation adjustment (5)		(8,233	)		576			(9,108	)(4)		(8,532	)		(16,765	)
Total accumulated other comprehensive (loss) gain	$	(15,636	)	$	2,936		$	(12,946	)	$	(10,010	)	$	(25,646	)
2014	As of March 29, 2014			Balance recognized in OCI			Balance reclassified from AOCI to income			Three Months ended June 28, 2014			As of June 28, 2014
Unrealized (losses) gains on anticipated sales hedging transactions:
Gross	$	(1,593	)	$	182		$	817	(1)	$	999		$	(594	)
Income tax (benefit)		(342	)		48			175			223			(119	)
Net		(1,251	)		134			642			776			(475	)
Unrealized gains (losses) on investments:
Gross		51			468			7	(3)		475			526
Income tax (benefit)		(19	)		122			5			127			108
Net		70			346			2			348			418
Foreign currency translation adjustment (5)		(8,006	)		(29	)		0	(4)		(29	)		(8,035	)
Total accumulated other comprehensive (loss) gain	$	(9,187	)	$	451		$	644		$	1,095		$	(8,092	)

(1) Transfers of unrealized gains and (losses) from AOCI to income on anticipated sales hedging transactions are included in net sales of tangible products.

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(2) Transfers from AOCI to income and (losses) on forward interest rate swaps hedging transactions are reported in forward swaps gain.

(3) Transfers of unrealized gains and (losses) from AOCI to income on investments are included in investment income.

(4) Transfers of foreign currency translation gains and (losses) from AOCI to income, are included in foreign exchange income (loss).

(5) Unrealized foreign currency translation adjustments related to translation of foreign denominated balance sheets are not presented net of tax given that no deferred U.S. income taxes have been provided on the undistributed earnings of non-U.S. subsidiaries because they are deemed to be permanently reinvested.

The components of other comprehensive income (loss) for the six months ended July 4, 2015 and June 28, 2014 are as follows (in thousands):

2015	As of December 31, 2014			Balance recognized in OCI			Balance reclassified from AOCI to income			Six Months ended July 4, 2015			As of July 4, 2015
Unrealized gain (losses) on anticipated sales hedging transactions:
Gross	$	6,658		$	7,577		$	(11,268	)(1)	$	(3,691	)	$	2,968
Income tax (benefit)		1,332			1,543			(2,282	)		(739	)		594
Net		5,326			6,034			(8,986	)		(2,952	)		2,374
Unrealized (losses) gains on forward interest rate swaps hedging transactions:
Gross		(12,069	)		(6,619	)		0	(2)		(6,619	)		(18,688	)
Income tax (benefit)		(4,370	)		(2,732	)		0			(2,732	)		(7,102	)
Net		(7,699	)		(3,887	)		0			(3,887	)		(11,586	)
Unrealized gains (losses) on investments:
Gross		102			0			(25	)(3)		(25	)		77
Income tax (benefit)		(245	)		0			(9	)		(9	)		(254	)
Net		347			0			(16	)		(16	)		331
Foreign currency translation adjustment (5)		(6,521	)		4,164			(14,408	)(4)		(10,244	)		(16,765	)
Total accumulated other comprehensive (loss) gain	$	(8,547	)	$	6,311		$	(23,410	)	$	(17,099	)	$	(25,646	)
2014	As of December 31, 2013			Balance recognized in OCI			Balance reclassified from AOCI to income			Six months ended June 28, 2014			As of June 28, 2014
Unrealized (losses) gains on hedging transactions:
Gross	$	(2,373	)	$	(30	)	$	1,809	(1)	$	1,779		$	(594	)
Income tax (benefit)		(509	)		1			389			390			(119	)
Net		(1,864	)		(31	)		1,420			1,389			(475	)
Unrealized (losses) gains on investments:
Gross		(151	)		751			(74	)(3)		677			526
Income tax (benefit)		(73	)		201			(20	)		181			108
Net		(78	)		550			(54	)		496			418
Foreign currency translation adjustments (5)		(7,839	)		(203	)		7	(4)		(196	)		(8,035	)
Total accumulated other comprehensive (loss) gain	$	(9,781	)	$	316		$	1,373		$	1,689		$	(8,092	)

(1) Transfers of unrealized gains and (losses) from AOCI to income on anticipated sales hedging transactions are included in net sales of tangible products.

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(2) Transfers from AOCI to income and (losses) on forward interest rate swaps hedging transactions are reported in forward swaps gain.

(3) Transfers of unrealized gains and (losses) from AOCI to income on investments are included in investment income.

(4) Transfers of foreign currency translation gains and (losses) from AOCI to income, are included in foreign exchange income (loss).

(5) Unrealized foreign currency translation adjustments related to translation of foreign denominated balance sheets are not presented net of tax given that no deferred U.S. income taxes have been provided on the undistributed earnings of non-U.S. subsidiaries because they are deemed to be permanently reinvested.

Note 19 – Segment Information

Subsequent to the Acquisition, the Company has two reportable segments: Legacy Zebra (“Z”) and Enterprise (“E”). Segment assets are not reviewed by the Company’s chief operating decision maker and therefore are not disclosed below:

	Three Months Ended						Six Months Ended
	July 4, 2015			June 28, 2014			July 4, 2015			June 28, 2014
Net Sales:
Z – Net sales	$	320,817		$	288,421		$	652,460		$	576,689
E – Net sales		573,393			0			1,140,567			0
Total segment net sales		894,210			288,421			1,793,027			576,689
Corporate, eliminations (1)		(4,436	)		0			(10,069	)		0
Total	$	889,774		$	288,421		$	1,782,958		$	576,689
Operating income (loss):
Z – Operating income	$	62,013		$	56,419		$	139,462		$	117,706
E – Operating income		42,849			0			96,744			0
Total segment operating income		104,862			56,419			236,206			117,706
Corporate, eliminations (2)		(118,665	)		(23,354	)		(230,235	)		(31,233	)
Total	$	(13,803	)	$	33,065		$	5,971		$	86,473

(1) Amounts included in Corporate, eliminations consist of purchase accounting adjustments related to the Acquisition.

(2) Amounts included in Corporate, eliminations consist of purchase accounting adjustments not reported in segments; amortization expense, acquisition/ integration expense and exit and restructuring costs.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Overview

The Company is a global leader respected for innovation and reliability. The Company’s Enterprise Asset Intelligence products and services give organizations real-time visibility, actionable insights to drive better decisions and quicker actions and more effective collaboration anytime. Its products and services allow its customers to manage assets, transactions and people more effectively, resulting in improved operational efficiency, better customer experience, more effective security and achievement of other objectives.

In October 2014, the Company acquired the Enterprise business (“Enterprise”) from Motorola Solutions Inc., excluding iDEN, for $3.45 billion in cash. The transaction was funded by $200 million of cash-on-hand and $3.25 billion in new debt. Enterprise is an industry leader in mobile computing and data capture products. It also provides wireless LAN products, in addition to repair, maintenance, integration and device management services. As a result of this acquisition, the Company has enhanced its position as a leading global provider of visibility solutions that deliver greater productivity for businesses of all sizes.

The Company provides products and services in approximately 100 countries, with 122 facilities and approximately 6,800 employees worldwide. The consolidated financial statements (and other data) reflect the results of operations and financial position of the Company, including the addition of Enterprise from the date of acquisition.

Segments

Commencing with the acquisition of Enterprise in October 2014, the Company’s operations consist of two reportable segments: Legacy Zebra and Enterprise.

Legacy Zebra

The Legacy Zebra segment is an industry leader in barcode printing and asset tracking technologies. Its major product lines include barcode printers, printer suppliers, and maintenance and support services. Other product lines include location solutions and software. Industries served include retail, transportation and logistics, manufacturing, healthcare and other end markets within the following regions: North America, Europe, Middle East, Africa, Asia Pacific and Latin America.

Enterprise

The Enterprise segment is an industry leader in mobile computing and advanced data capture technologies and provides services in North America, Europe, Middle East, Africa, Asia Pacific and Latin America. Its major product lines include mobile computing, data capture, services and WLAN, which service retail, transportation and logistics, and manufacturing industries and other end markets.

Geographic Information

For the first six months of 2015, the Company recorded $1,783.0 million of net sales in its consolidated statements of operations, of which approximately 48.0% were attributable to North America; approximately 33.3% were attributable to Europe, Middle East, and Africa and other foreign locations accounting for the remaining 18.7%.

Consolidated Results of Operations

The following tables present key statistics for the Company’s operations for the three and six months ended July 4, 2015 and June 28, 2014, respectively (in thousands except for percentages).

	Three Months Ended												Six Months Ended
	July 4, 2015			June 28, 2014			$ Change			% Change			July 4, 2015			June 28, 2014			$ Change			% Change
Net Sales	$	889,774		$	288,421		$	601,353			208.5	%	$	1,782,958		$	576,689		$	1,206,269			209.2	%
Gross Profit		392,878			142,169			250,709			176.3	%		802,400			290,107			512,293			176.6	%
Operating Expenses		406,681			109,104			297,577			272.7	%		796,429			203,634			592,795			291.1	%
Operating (Loss) Income	$	(13,803	)	$	33,065		$	(46,868	)		(141.7	%)	$	5,971		$	86,473		$	(80,502	)		(93.1	%)
Gross Margin		44.2	%		49.3	%								45.0	%		50.3	%

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	Three Months Ended									Six Months Ended
	July 4, 2015		June 28, 2014		$ Change		% Change			July 4, 2015		June 28, 2014		$ Change		% Change
Europe	$	303,382	$	94,200	$	209,182		222.1	%	$	593,926	$	185,639	$	408,287		219.9	%
Latin America		55,161		25,204		29,957		118.9	%		108,446		50,844		57,602		113.3	%
Asia-Pacific		117,466		40,334		77,132		191.2	%		223,849		78,301		145,548		185.9	%
Total International		476,009		159,738		316,271		198.0	%		926,221		314,784		611,437		194.2	%
North America		413,765		128,683		285,082		221.5	%		856,737		261,905		594,832		227.1	%
Total Sales	$	889,774	$	288,421	$	601,353		208.5	%	$	1,782,958	$	576,689	$	1,206,269		209.2	%

Results for the three months ended July 4, 2015 as compared to the prior year’s second quarter were primarily impacted by the acquisition of Enterprise in October 2014. For the three months ended July 4, 2015, the acquisition increased the Company’s net sales by $569.0 million and gross profit by $232.7 million, respectively, and increased operating expenses by $300.1 million and decreased operating income by $67.4 million. Excluding the effect of the acquisition, consolidated net sales and gross profit increased $32.4 million and 11.2% and $18.0 million and 12.7%, respectively, reflecting a higher volume of sales primarily from the following product lines: printers and location solutions. These increases are partially offset by the effect in foreign currency, net of hedges, on sales and gross profit of $9.7 million and $7.1 million, respectively, primarily due to the strengthened US dollar against the euro. Additionally, gross margin as a percentage of sales was 49.9%, excluding the effect of the acquisition, compared to 49.3% in the comparable prior year quarter. The driver of this increase in gross margin was as a result of higher sales within the North America, Europe and Asia-Pacific regions, change in mix and reduced product costs, partially offset by the effect in foreign currency, net of hedges.

For the six months ended July 4, 2015, the acquisition increased the Company’s net sales by $1,130.5 million, gross profit by $470.8 million, operating expenses by $591.8 and decreased operating income by $120.9 million. Excluding the effect of the acquisition, consolidated net sales and gross profit increased by $75.8 million and 13.1% and $41.5 million and 14.3%, respectively, reflecting a higher volume of sales primarily from the following product lines: printers and location solutions. These increases are partially offset by the effect in foreign currency, net of hedges, on sales and gross profit of $12.2 million and $7.2 million, respectively, primarily due to the strengthened US dollar against the euro. Gross margin as a percent of sales, excluding the effect of the acquisition, was 50.8% compared to 50.3% in the comparable six months ended June 28, 2014. The driver of this increase in gross margin was as result of higher sales within the North America, Europe and Asia-Pacific regions, change in mix and reduced product costs partially offset by the effect in foreign currency, net of hedges.

Operating expenses for the three months and six months ended July 4, 2015, excluding the effect of the acquisition and exit and restructuring costs, were $101.2 million and $197.7 million, respectively, compared to $88.5 million and $177.8 million in the prior year. As a percentage of sales, operating expenses were 31.6% as of the three month ended July 4, 2015 versus 30.8% in the prior year comparable quarter; the increase is primarily due to additional investments made to support business growth. As a percentage of sales, operating expenses of 30.3% as of the six months ended July 4, 2015 were down from 31.0% as of the six months ended June 28, 2014 primarily due to the benefits of increased operating leverage.

Operating income for the three and six months ended July 4, 2015, excluding the effect of the acquisition and exit and restructuring costs, increased $5.3 million and 9.8% and $21.5 million and 19.2%, respectively, compared to the prior period comparable quarter and year.

The increase as of the three months ended July 4, 2015 compared to the three months ended June 28, 2014 is primarily due to higher sales and gross profit, partially offset by higher operating expenses and the effect in foreign currency, net of hedges primarily due to the strengthened US dollar against the euro.

The increase for the six months ended July 4, 2014 compared to the six months ended June 28, 2014 is primarily due to higher sales, gross profit and lower operating expenses as a percentage of sales partially offset by the effect in foreign currency, net of hedges primarily due to the strengthened US dollar against the euro.

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Results of Operations by Segment

The following commentary should be read in conjunction with the financial results of each operating business segment as detailed in Note 19 Segment Information in the Notes to the Consolidated Financial Statements. The segment results exclude purchase accounting adjustments, amortization, acquisition, integration, and exit and restructuring costs (in thousands except percentages).

Legacy Zebra Segment

	Three Months Ended											Six Months Ended
	July 4, 2015			June 28, 2014			$ Change		% Change			July 4, 2015			June 28, 2014			$ Change		% Change
Net Sales	$	320,817		$	288,421		$	32,396		11.2	%	$	652,460		$	576,689		$	75,771		13.1	%
Gross Profit		160,211			142,169			18,042		12.7	%		331,563			290,107			41,456		14.3	%
Operating Expenses		98,198			85,750			12,448		14.5	%		192,101			172,401			19,700		11.4	%
Operating Income	$	62,013		$	56,419		$	5,594		9.9	%	$	139,462		$	117,706		$	21,756		18.5	%
Gross Margin		49.9	%		49.3	%							50.8	%		50.3	%

Net sales for the three and six months ended July 4, 2015 increased 11.2% and 13.1%, respectively, in comparison to last year primarily due to an increased demand for printing products as well as location solutions’ products. Regionally, sales were up in all regions compared to the prior year periods, with the strongest growth in North America and Europe, Middle East & Africa. Foreign currency movements, net of hedging activities, have had an unfavorable impact to sales of $12.2 million for the first half of 2015.

Gross margin as a percentage of sales was 49.9% for the three months ended July 4, 2015 compared to the comparable prior period of 49.3%. This increase in margins reflects the favorable impact of higher sales, favorable mix, lower product costs offset partially by hedges.

Gross margin was 50.8% for the six months ended July 4, 2015, compared to 50.3% in the comparable period in 2014. The increase in gross profit margin was principally due to increased volume leverage on fixed costs and lower product costs, partially offset by the strengthened U.S. dollar.

Operating income for the second quarter and first half increased 9.9% and 18.5%, respectively, as a result of higher sales and gross profit partially offset by increases in operating expenses. Operating expenses increased in the second quarter compared to the prior year primarily to support business growth. However, for the first half of 2015, operating expenses as a percent of sales has declined compared to the first half of 2014 due to the benefits of increased operating leverage.

Enterprise Segment

	Three Months Ended										Six Months Ended
	July 4, 2015			June 28, 2014		$ Change		% Change			July 4, 2015			June 28, 2014		$ Change		% Change
Net Sales	$	573,393		$	0	$	573,393		100	%	$	1,140,567		$	0	$	1,140,567		100	%
Gross Profit		238,005			0		238,005		100	%		482,600			0		482,600		100	%
Operating Expenses		195,156			0		195,156		100	%		385,856			0		385,856		100	%
Operating Income	$	42,849		$	0	$	42,849		100	%	$	96,744		$	0	$	96,744		100	%
Gross Margin		41.5	%									42.3	%

On October 27, 2014, the Company acquired Enterprise, a provider of industry-leading data capture, mobile computing and wireless LAN solutions.

For the three and six months ended July 4, 2015, net sales for Enterprise were $573.4 million and $1,140.6 million, respectively. Overall sales in the second quarter were up 1.1% compared to the first quarter of 2015. Data capture, mobile computing and repair services in the North America and Europe, Middle East and Africa regions generated the majority of the sales for the quarter as well as the first half of the year. Compared to the first quarter, second quarter sales in Europe, Middle East and Africa and Asia Pacific regions were sequentially higher.

Gross profit margin was lower than the first quarter of 2015 by 1.6% due to rebranding of Motorola products, other costs not expected to recur and less favorable mix of mobile computer products sold than in the prior period. The margin in services improved compared to the first quarter of 2015 due to lower repair costs.

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Enterprise’s operating income for the second quarter and first half of 2015 was $42.8 million and $96.7 million, respectively. This reflects operating expenses of $195.2 million and $385.9 million for the second quarter and first half of 2015, respectively. Operating expenses in the second quarter were 34.0% of sales comparable to 33.6% in the first quarter of 2015.

Consolidated other income (expense)

The Company’s non-operating income and expense items are summarized in the following table (in thousands except percentages):

	Three Months Ended												Six Months Ended
Other Income (Expense)	July 4, 2015			June 28, 2014			$ Change			% Change			July 4, 2015			June 28, 2014			$ Change			% Change
Investment Income (Loss)	$	1,575		$	379		$	1,196			315.6	%	$	1,378		$	800		$	578			72.3	%
Foreign Exchange Income (Loss)		11, 252			43			11, 209			NM			(15, 939	)		(249	)		(15, 690	)		NM
Forward Interest Rate Swaps (Loss) Gain		(1,653	)		(2,433	)		780			32.1	%		36			(2,433	)		2,469			101.5	%
Interest Expense		(49,331	)		0			(49,331	)		100	%		(100,296	)		0			(100,296	)		100.0	%
Other Net		(707	)		(57	)		(650	)		NM			(1, 980	)		(49	)		(1,931	)		NM
Total Other (Expense) Income	$	(38, 864	)	$	(2,068	)	$	(36, 796	)		NM		$	(116,801	)	$	(1,931	)	$	(114, 870	)		NM

Foreign Exchange Loss

The Company recognized a foreign exchange gain of $11.3 million for the quarter as a result of foreign currency movements on net monetary assets. The Company also recognized a $15.9 million loss for the six months ended July 4, 2015 as a result of changes in value of non-US dollar assets and liabilities that were not hedged during the period.

Interest Expense

Interest expense was $49.3 million for the quarter and $100.3 million for the six months ended July 4, 2015 reflecting the indebtedness incurred related to the Acquisition.

Income Taxes (in thousands except percentages)

	Three Months Ended									Six Months Ended
Income Taxes	July 4, 2015		June 28, 2014		$ Change		% Change			July 4, 2015			June 28, 2014		$ Change			% Change
Total Income Taxes expense / (benefit)		23,591		3,440		20,151		585.8	%		(9,275	)		15,379		(24,654	)		(160.3	%)

In the second quarter of 2015, the Company recognized a tax expense of $23.6 million compared to a tax expense of $3.4 million for the corresponding period in the prior year. In the first half of 2015, the Company recognized a tax benefit of $9.3 million compared to a tax expense of $15.4 million for the corresponding period in the prior year The Company’s effective tax rates were 8.4% and 18.2% as of July 4, 2015 and June 28, 2014, respectively. The Company’s effective tax rate was lower than the federal statutory rate of 35% in 2015 primarily due to pre-tax losses in the Unites States in excess of pre-tax income in various non-US jurisdictions, which was offset by corporate structure realignment. The Company’s effective tax rate in 2014 benefited from lower taxes on income in various non-US jurisdictions.

Since the date of the Enterprise acquisition, the Company has been executing its integration plan for the Enterprise business (the “Integration Plan”). The Company anticipates completing the Integration Plan as soon as practicable and expects that the Integration Plan will allow the combined businesses to achieve further synergies and cost savings associated with the acquisition. As part of the Integration Plan, the Company began realigning certain acquired assets of the Enterprise business with and into the Company’s corporate structure and business model. The realignment resulted in a discrete charge of approximately $31.6 million in the second quarter of 2015.

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Liquidity and Capital Resources

In connection with the Acquisition in October 2014, the Company incurred indebtedness totaling $3.25 billion. As of July 4, 2015, the Company had cash of $204.9 million and long-term debt totaling $3.0 billion and did not have any borrowings against its revolving credit facility with $246.9 million available ($250.0 million less $3.1 million of letters of credit). See Note 13 Long-Term Debt in the Notes to the Consolidated Financial Statements for further details. The primary factors that influence liquidity include, but are not limited to, the amount and timing of revenues, cash collections from customers, capital expenditures and acquisitions of third parties. The Company believes that existing capital resources and funds generated from operations are sufficient to meet anticipated capital requirements and service its indebtedness. The following table summarizes the Company’s cash flow activities for the periods indicated (in thousands except percentages):

	Six Months Ended
Cash Flow	July 4, 2015			June 28, 2014			$ Change			% Change
Operating Activities		19,512			109,913			(90,401	)		-82.2	%
Investing Activities		(72,147	)		(113,942	)		41,795			36.7	%
Financing Activities		(120,637	)		11,658			(132,295	)		NM
Effect of Exchange Rates on Cash		(15,760	)		(107	)		(15,653	)		NM
Net (Decrease) Increase in Cash		(189,032	)		7,522			(196,554	)		NM

The change in the Company’s cash and cash equivalents balance is reflective of the following:

Operating activities

During the first half of 2015, the Company had cash provided by operating cash flows of $19.5 million compared to $109.9 million in the prior year. The decrease in net cash provided by operating activities is primarily a result of lower net income and increased working capital requirements, specifically increased cash payments for accounts payable and income taxes partially offset by improved accounts receivable collections.

Investing Activities

Net cash used in investing activities during the first half of 2015 includes additional consideration of $48.8 million paid to MSI in relation to the opening cash balance and capital expenditures of $49.3 million which consist primarily of investments in the Company’s corporate office, lab equipment and IT infrastructure. Reflecting the Company’s changing capital structure, net cash used for investing activities reflects $25.1 million and $150.8 million of proceeds from the sale of investments in marketable securities during the first half of 2015 and 2014, respectively and purchases of marketable securities of $276.4 million during the first half of 2014.

Financing Activities

On March 15, 2015, May 13, 2015 and July 2, 2015, the Company made principal prepayments of $50.0 million, $30.0 million and $50.0 million (totaling $130.0 million) under its term loan. Proceeds received from the exercise of stock options and stock purchase plan purchases were $11.5 million this year compared to $8.7 million last year reflecting increased option exercises and ESPP purchases. The taxes paid related to net share settlement of equity awards were $13.3 million this year compared to $1.0 million last year reflecting more restricted stock traded. The excess tax benefit from equity -based compensation was $11.1 million this year compared to $3.9 million last year.

The following table shows the Company’s level of indebtedness and other information as of July 4, 2015 (in thousands):

Senior Notes	$	1,050,000
Term Loan		2,070,000
Less Debt Issuance Costs		(28,022	)
Less Unamortized Discounts		(51,617	)
Total Indebtedness	$	3,040,361

Private Offering

On October 15, 2014, the Company completed a private offering of $1.05 billion aggregate principal of 7.25% Senior Notes due October 15, 2022 (the “Senior Notes”). The Senior Notes yielded an effective interest rate of 7.61% at issuance. The Senior Notes are governed by the terms of an indenture, dated as of October 15, 2014, by and among the Company and U.S. Bank National Association, as Trustee. Interest on the Senior Notes is payable in cash on April 15 and October 15 of each year.

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The Indenture covering the Senior Notes contains certain restrictive and affirmative covenants. In addition, the Senior Notes are guaranteed jointly and severally, on a senior and unsecured basis, by the Company’s direct and indirect wholly-owned existing and future domestic restricted subsidiaries, subject to certain exceptions.

Credit Facilities

On October 27, 2014, the Company entered into a new credit agreement which provides for a term loan of $2.2 billion (“Term Loan”) and a revolving credit facility of $250.0 million (“Revolving Credit Facility”). Borrowings under the Term Loan bear interest at a variable rate plus an applicable margin, subject to an all-in floor of 4.75%. As of July 4, 2015, the Term Loan interest rate was 4.75%. Interest payments are payable quarterly. The Company has entered into interest rate swaps to manage interest rate risk on its long-term debt. See Note 11 Derivative Instruments.

The credit agreement requires the Company to prepay the Term Loan and Revolving Credit Facility, under certain circumstances or transactions defined in the credit agreement. Also, the Company may make optional prepayments of the Term Loan, in whole or in part, without premium or penalty. The Company made such optional principal prepayments of $50.0 million, $30.0 million and $50.0 million on March 15, 2015, May 13, 2015 and July 2, 2015, respectively. Unless satisfied by further optional prepayments, the Company is required to make scheduled principal payments of $2.0 million on March 31, 2021, $5.5 million beginning June 30, 2021, and $5.5 million on September 30, 2021, with the balance of $2.057 billion due on October 27, 2021.

Borrowings under the Revolving Credit Facility bear interest at a variable rate plus an applicable margin. As of July 4, 2015, the Revolving Credit Facility interest rate was 3.25%. Interest payments are payable quarterly. As of July 4, 2015 and December 31 2014, the Company did not have any borrowings against the Revolving Credit Facility.

The Revolving Credit Facility contains various restrictive and affirmative covenants and is collateralized by a security interest in substantially all of the Company’s assets as defined in the security agreement and guaranteed by its direct and indirect wholly-owned existing and future domestic restricted subsidiaries, subject to certain exceptions. The Company is in compliance with the covenants as of July 4, 2015.

Certain domestic subsidiaries of the Company (the “Guarantor Subsidiaries”) guarantee the Senior Notes, the Term Loan and the Revolving Credit Facility on a senior basis: For the six months ended July 4, 2015, the non-Guarantor Subsidiaries would have (a) accounted for approximately 44.1% of the Company’s total revenue and (b) held approximately 11.7% or $610.2 million of its total assets and approximately 9.6%, or $411.5 million of its total liabilities including trade payables but excluding intercompany liabilities.

The Company had $155.9 million as of July 4, 2015, and $301.3 million as of June 28, 2014 of foreign cash and investments, which were primarily invested in U.S. dollar-denominated holdings.

Management believes that existing capital resources and funds generated from operations are sufficient to finance anticipated capital requirements.

Significant Customer

The net sales to significant customers as a percentage of total net sales were as follows:

	Six Months Ended
	July 4, 2015			June 28, 2014
Customer A		17.0	%		15.4	%
Customer B		10.1	%		12.5	%
Customer C		8.5	%		11.8	%

No other customer accounted for 10% or more of total net sales during these periods. The customers disclosed above are distributors (i.e. not end users) of the Company’s products.

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Safe Harbor

Forward-looking statements contained in this filing are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995 and are highly dependent upon a variety of important factors which could cause actual results to differ materially from those expressed or implied in such forward looking statements. These forward-looking statements are based on current expectations, forecasts and assumptions and are subject to the risks and uncertainties inherent in the Company’s industry, market conditions, general domestic and international economic conditions, and other factors. These factors include:

• Market acceptance of the Company’s products and solutions and competitors’ product and solution offerings and the potential effects of technological changes,

• The effect of global market conditions, including North America, Latin America, Asia Pacific, Europe, Middle East and Africa and other regions in which the Company does business,

• The Company’s ability to control manufacturing and operating costs,

• Risks related to the manufacturing of the Company’s products in countries outside the United States as well as business operations in countries outside the United States, including the risk of depending on key suppliers who are also in countries outside the United States,

• The Company’s ability to purchase sufficient materials, parts and components to meet customer demand, particularly in light of global economic conditions,

• The availability of credit and the volatility of capital markets, which may also affect the Company’s suppliers and customers,

• Success of integrating acquisitions, including the Enterprise business the Company acquired in October 2014 from Motorola Solutions, Inc.,

• Interest rate and financial market conditions,

• The impact of the percentage of cash and cash equivalents held outside the United States,

• The effect of natural disasters on the Company’s business,

• The impact of changes in governmental policies, laws or regulations in the United States and outside the United States,

• Foreign exchange rates due to the large percentage of the Company’s international sales and operations,

• The outcome of litigation in which the Company is involved, particularly litigation or claims related to infringement of third-party intellectual property rights, and

• The outcome of any future tax matters.

When used in this document and documents referenced, the words “anticipate,” “believe,” “estimate,” “will” and “expect” and similar expressions as they relate to the Company or its management are intended to identify such forward-looking statements. Readers of this report are encouraged to review Item 1A, “Risk Factors” in the Annual Report on Form 10-K for the year ended December 31, 2014, for a further discussion of issues that could affect the Company’s future results. The Company undertakes no obligation, other than as may be required by law, to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances or any other reason after the date of this report.

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Item 3. Quantitative and Qualitative Disclosures About Market Risk

There were no material changes in the Company’s market risk during the quarter ended July 4, 2015. For additional information on market risk, refer to the “Quantitative and Qualitative Disclosures About Market Risk” section of the Form 10-K for the year ended December 31, 2014.

In the normal course of business, portions of the Company’s operations are subject to fluctuations in currency values. The Company manages these risks using derivative financial instruments. See Note 11 Derivative Instruments to the Consolidated Financial Statements included in this report for further discussion of derivative instruments.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

The Company has conducted an evaluation of the effectiveness of the design and operation of its disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934 (the “Exchange Act”)) as of the end of the period covered by this Form 10-Q. The evaluation was conducted under the supervision of its Disclosure Committee, and with the participation of management, including the Chief Executive Officer and Chief Financial Officer. Based on that evaluation, the Company has concluded that its disclosure controls and procedures were not effective as of July 4, 2015, as a result of a material weakness identified in the first quarter of 2015 related to the process to review and prepare its quarterly income tax provision.

Changes in Internal Control over Financial Reporting

As noted in the 2014 Form 10-K, in connection with the Company’s initial reviews of internal controls for Enterprise, the Company had identified certain internal control deficiencies related to Enterprise. The Company continues to identify and review the internal controls of the Enterprise business and is establishing a plan of remediation that is consistent with its obligation to assess the effectiveness of Enterprise’s internal controls over financial reporting as of December 31, 2015.

Management and the Board of Directors are committed to the continued improvement of the Company’s overall system of internal controls over financial reporting and have begun efforts this quarter to implement additional controls and procedures to remediate the review and preparation process relating to its quarterly income tax provision. While the Company has begun efforts to implement additional controls in its tax provision process, the Company needs to prove sustained effectiveness of these controls to fully remediate the weakness. The Company expects to fully remediate the aforementioned material weakness before year-end.

The identification, review, assessment and remediation of internal control deficiencies is overseen by senior management and the Audit Committee of the Board of Directors, and is undertaken primarily through the integration of processes and procedures with existing Company processes and procedures, development and implementation of formal policies, improved processes and documented procedures, as well as the hiring of additional finance and tax personnel.

During the quarter covered by this report, there have been no other changes in the internal controls that have materially affected, or are reasonably likely to materially affect, the internal controls over financial reporting.

Inherent Limitations on the Effectiveness of Controls

The Company’s management, including the Chief Executive Officer and Chief Financial Officer, does not expect that the disclosure controls and procedures or the internal control over financial reporting will prevent all errors and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty and that breakdowns can occur because of simple error or mistake. Controls can also be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of the controls. The design of any system of controls is based in part on certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Projections of any evaluation of controls effectiveness to future periods are subject to risks. Over time, controls may become inadequate because of changes in conditions or deterioration in the degree of compliance with policies or procedures.

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PART II - OTHER INFORMATION

Item 1. Legal Proceedings

See Note 14 – Contingencies to the Consolidated Financial Statements included in this report.

Item 1A. Risk Factors

There have been no material changes to the risk factors included in the Company’s Annual Report for the year ended December 31, 2014, other than the risk identified below entitled “The Company has identified a material weakness in its internal control over financial reporting which could, if not remediated, result in material misstatements in its financial statements.” In addition to the additional risk factor below and the other information included in this report, you should carefully consider the factors discussed in Part I, “Item 1A. Risk Factors” in the Annual Report on Form 10-K for the year ended December 31, 2014. The risks described in the Annual Report on Form 10-K could materially adversely affect the Company’s business, financial condition or future results. The risks described in the Annual Report are not the only risks facing the company. Additional risks and uncertainties not currently known to the Company or that the Company currently considers immaterial also may materially adversely affect its business, financial condition, and/or operating results.

The Company has identified a material weakness in its internal control over financial reporting which could, if not remediated, result in material misstatements in its financial statements.

The Company’s management is responsible for establishing and maintaining adequate internal controls over its financial reporting, as defined in Rule 13a-15(f) and 15d-15(f) under the Securities Exchange Act. As disclosed in Item 4 of Part I of this report, the Company identified in the first quarter of 2015 a material weakness in its internal control over financial reporting related to the process to review and prepare its quarterly income tax provision. A material weakness is defined as a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected on a timely basis. As a result of this material weakness, the Company’s management concluded that its internal control over financial reporting was not effective as of the last day of the period covered by this report. The Company is actively engaged in developing a remediation plan designed to address this material weakness. If the remedial measures are insufficient to address the material weakness or if additional material weaknesses or significant deficiencies in the internal control are discovered or occur in the future, the consolidated financial statements may contain material misstatements and the Company could be required to restate its financial results.

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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

Treasury Shares

The Company did not purchase shares of its Class A Common Stock during the second quarter of 2015.

On November 2011, the Company’s Board authorized the purchase of up to an additional 3,000,000 shares under the purchase plan program and the maximum number of shares that may yet be purchased under the program is 665,475. The November 2011 authorization does not have an expiration date.

During the second quarter of 2015, the Company acquired 134,312 shares of its Class A Common Stock through the withholding of shares necessary to satisfy tax withholding obligations upon the vesting of restricted stock awards. These shares were acquired at an average price of $95.91 per share.

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Item 6. Exhibits

10.1	Form of 2015 performance-vested equity agreement for CEO
10.2	Form of 2015 performance-vested equity agreement for employees other than CEO
31.1	Rule 13a-14(a)/15d-14(a) Certification
31.2	Rule 13a-14(a)/15d-14(a) Certification
32.1	Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2	Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101	The following financial information from Zebra Technologies Corporation Quarterly Report on Form 10-Q, for the quarter ended July 4, 2015, formatted in XBRL (Extensible Business Reporting Language): (i) the consolidated balance sheets; (ii) the consolidated statements of operations; (iii) the consolidated statements of comprehensive (loss) income; (iv) the consolidated statements of cash flows; and (v) notes to consolidated financial statements.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	ZEBRA TECHNOLOGIES CORPORATION
Date: August 13, 2015	By:	/s/ Anders Gustafsson
		Anders Gustafsson
		Chief Executive Officer
Date: August 13, 2015	By:	/s/ Michael C. Smiley
		Michael C. Smiley
		Chief Financial Officer

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EX-10.1

Exhibit 10.1

PERFORMANCE-VESTED RESTRICTED STOCK AGREEMENT

This PERFORMANCE-VESTED RESTRICTED STOCK AGREEMENT (this “Stock Agreement”), dated as of May 9, 2015 (the “Grant Date”), is between ZEBRA TECHNOLOGIES CORPORATION, a Delaware corporation (the “Company”), and Anders Gustafsson (the “Participant”), relating to restricted stock granted under the Zebra Technologies Corporation 2011 Long-Term Incentive Plan, as amended (the “Plan”). Capitalized terms used in this Stock Agreement without definition shall have the meanings ascribed to such terms in the Plan.

1. Grant of Restricted Stock.

(a) Grant. Subject to the provisions of this Stock Agreement and pursuant to the provisions of the Plan, the Company hereby grants to the Participant as of the Grant Date                  shares (the “Target Shares”) of the Company’s Class A Common Stock, $.01 par value per share (the “Restricted Stock”). This Stock Agreement shall be null and void unless the Participant accepts this Stock Agreement by either (i) electronically accepting this Stock Agreement through the Company’s electronic delivery and acceptance process operated by e*Trade or (ii) executing this Stock Agreement in the space provided below and returning it to the Company, in each case not later than June 30, 2015.

(b) Nontransferability. Except as otherwise permitted under the Plan or this Stock Agreement, the Restricted Stock granted hereunder shall be non-transferable by the Participant during the Period of Restriction set forth under Section 2 of this Stock Agreement.

2. Vesting of Restricted Stock.

(a) Period of Restriction and Performance Goals.

(i) The Restricted Stock shall be forfeitable and non-transferable during the Period of Restriction. The “Period of Restriction” with respect to the Restricted Stock shall begin on the Grant Date and end at 5:00 p.m., Central Time, on May 9, 2018 in accordance with Exhibit A.

(ii) Except as otherwise provided for under this Stock Agreement, the Participant must remain employed by the Company or any Subsidiary continuously through the Period of Restriction.

(b) Additional Vesting Rules. Notwithstanding Section 2(a), the Restricted Stock shall be subject to the following additional vesting rules in the following circumstances:

(i) Death, Disability, Good Reason or Termination by the Company or any Subsidiary other than for Cause. Notwithstanding the Employment Agreement between the Company and the Participant effective as of September 4, 2007, as amended (the “Employment Agreement”), and unless otherwise determined by the Board of Directors of the Company or the Compensation Committee of the Board of Directors, in the event the Participant’s employment with the Company and its Subsidiaries is terminated prior to May 9, 2018 due to death or Disability, or by reason

of the Participant’s resignation for Good Reason, or by the Company other than for Cause, the number of Shares of Restricted Stock that shall be vested as of 5:00 p.m., Central Time, on the effective date of the Participant’s termination of employment shall equal to the product of (x) the number of Target Shares multiplied by (y) the vesting percentage used by the Company (determined in accordance with Exhibit A) when determining compensation expense under Generally Accepted Accounting Principles as of the most recent quarter end prior to the effective date of the participant’s termination of employment, multiplied by (z) a fraction, the numerator of which is the number of days from but excluding the Grant Date and to and including the effective date of the Participant’s termination of employment, and the denominator of which is 1,096. This Stock Agreement shall be settled in whole shares of the Company’s Common Stock, and cash for the value of a fractional share of Common Stock (rounded to the nearest hundredth). For purposes of this Stock Agreement, “Good Reason” and “Cause” have the meanings assigned to them in the Participant’s Employment Agreement.

(ii) Other Termination of Employment. In the event the Participant’s employment with the Company and its Subsidiaries is terminated for any reason other than as provided in Section 2(b)(i), any unvested Shares of Restricted Stock as of the effective date of the Participant’s termination of employment shall immediately be forfeited to the Company.

3. Rights While Holding Restricted Stock.

(a) Custody and Availability of Shares. The Company shall hold the Target Shares in uncertificated, book-entry form registered in the Participant’s name until any Target Shares shall have vested, in whole or in part, pursuant to Section 2. Subject to Section 4, if and to the extent shares of Restricted Stock, including Target Shares, become vested, the Company shall remove or cause the removal of the restrictions on transfer of such shares arising from this Stock Agreement. Such unrestricted shares shall be made available to the Participant in uncertificated, book-entry form registered in the Participant’s name.

(b) Rights as a Stockholder. During the period that Target Shares remain unvested, the Participant shall have all of the rights of a stockholder of the Company with respect to the Target Shares including, but not limited to, the right to receive dividends paid on the Target Shares and the full right to vote such shares.

(c) Section 83(b) Election. The Participant is not permitted to make a Section 83(b) election with respect to the Restricted Stock.

(d) Compliance with Federal and State Law. The Company may postpone issuing and delivering any Restricted Stock for so long as the Company reasonably determines to be necessary to satisfy the following:

(i) its completing or amending any securities registration or qualification of the Restricted Stock or it or the Participant satisfying any exemption from registration under any federal, state or other law, rule or regulation; and

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(ii) the Participant complying with any federal, state or other tax withholding obligations.

4. Payment of Taxes. If the Company is obligated to withhold an amount on account of any tax imposed as a result of the issuance or vesting of the Restricted Stock, the Participant shall be required to pay such amount to the Company, as provided in Section 9.10 of the Plan. The Participant acknowledges and agrees that the Participant is responsible for the tax consequences associated with the grant of the Restricted Stock and its vesting.

5. Change in Control. Subject to Section 9.8 of the Plan:

(a) Notwithstanding any provision in this Agreement, in the event of a Change in Control pursuant to Section 2.5(c) or (d) of the Plan in connection with which (i) holders of Shares receive consideration consisting solely of shares of common stock that are registered under Section 12 of the Exchange Act (and disregarding the payment of cash in lieu of fractional shares) and (ii) this Stock Agreement is assumed or provision is made for the continuation of this Stock Agreement, then subject to Section 4.3 of the Plan, a number of Shares equal to the product of (x) the number of Target Shares multiplied by (y) the vesting percentage used by the Company (determined in accordance with Exhibit A) when determining compensation expense under Generally Accepted Accounting Principles as of the most recent quarter end prior to the effective date of the Change in Control, shall become fully vested as of 5:00 p.m., Central Time, on the date of the Change in Control and the remainder of the Period of Restriction shall lapse and there shall be substituted for each Share of Restricted Stock then subject to this Stock Agreement, the number and class of shares into which each outstanding Share shall be converted pursuant to such Change in Control.

(b) Notwithstanding any provision in this Agreement to the contrary, in the event of a Change in Control pursuant to Section 2.5(a) or (b) of the Plan, or in the event of a Change in Control pursuant to Section 2.5(c) or (d) of the Plan as to which Section 5(a) above does not apply, this Stock Agreement shall be surrendered to the Company by the Participant, and this Stock Agreement shall immediately be canceled by the Company, and the Participant shall receive, within 10 days following the effective date of the Change in Control, a cash payment from the Company in an amount equal to the product of (x) the number of Target Shares multiplied by (y) the vesting percentage used by the Company (determined in accordance with Exhibit A) when determining compensation expense under Generally Accepted Accounting Principles as of the most recent quarter end prior to the effective date of the Change in Control, multiplied by (z) the greater of (i) the highest per Share price offered to stockholders of the Company in any transaction whereby the Change in Control takes place or (ii) the Fair Market Value of a Share on the effective date of the Change in Control.

6. Confidentiality, Non-Solicitation and Non-Compete. The Participant agrees to, understands and acknowledges the following:

(a) Confidential Information. The Participant will be furnished, use or otherwise have access to certain Confidential Information of the Company and/or a Subsidiary. For purposes of this Stock Agreement, “Confidential Information” means any and all financial, technical, commercial or other information concerning the business and affairs of the Company and/or a Subsidiary that is confidential and proprietary to the Company and/or a Subsidiary, including without limitation,

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(i) information relating to the Company’s or Subsidiary’s past and existing customers and vendors and development of prospective customers and vendors, including specific customer product requirements, pricing arrangements, payment terms, customer lists and other similar information;

(ii) inventions, designs, methods, discoveries, works of authorship, creations, improvements or ideas developed or otherwise produced, acquired or used by the Company and/or a Subsidiary;

(iii) the Company’s or Subsidiary’s proprietary programs, processes or software, consisting of, but not limited to, computer programs in source or object code and all related documentation and training materials, including all upgrades, updates, improvements, derivatives and modifications thereof and including programs and documentation in incomplete stages of design or research and development;

(iv) the subject matter of the Company’s or Subsidiary’s patents, design patents, copyrights, trade secrets, trademarks, service marks, trade names, trade dress, manuals, operating instructions, training materials, and other industrial property, including such information in incomplete stages of design or research and development; and

(v) other confidential and proprietary information or documents relating to the Company’s or Subsidiary’s products, business and marketing plans and techniques, sales and distribution networks and any other information or documents which the Company reasonably regards as being confidential.

The Company and its Subsidiaries devote significant financial, human and other resources to the development of their products, customer base and the general goodwill associated with its business, and the Company and its Subsidiaries diligently maintain the secrecy and confidentiality of their Confidential Information. Each and every component of the Confidential Information is sufficiently secret to derive economic value from its not being generally known to other persons. While employed by the Company and/or Subsidiary and thereafter, the Participant will hold in the strictest confidence and not use in any manner which is detrimental to the Company or its Subsidiaries or disclose to any individual or entity any Confidential Information, except as may be required by the Company or its Subsidiaries in connection with the Participant’s employment.

All Company Materials are and will be the sole property of the Company and/or Subsidiary. The Participant agrees that during and after his or her employment by the Company and/or Subsidiary, the Participant will not remove any Company Materials from the business premises of the Company or a Subsidiary or deliver any Company Materials to any person or entity outside the Company or a Subsidiary, except as the Participant is required to do so in connection with performing the duties of his or her employment. The Participant further agrees that, immediately upon the termination of his or her employment for any reason, or during the Participant’s employment if so requested by the Company, the Participant will return all

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Company Materials and other physical property, and any reproduction thereof, excepting only the Participant’s copy of this Agreement. For purposes of this Stock Agreement, “Company Materials” means documents or other media or tangible items that contain or embody Confidential Information or any other information concerning the business, operations or future/strategic plans of the Company and/or any Subsidiary, whether such documents have been prepared by the Participant or by others.

(b) Breach or Violation of Section 6(a); Non-Solicitation and Non-Compete. Notwithstanding any provision of this Stock Agreement, if at any time prior to the date that is one year after the date of vesting of all or any portion of the Restricted Stock, the Participant directly or indirectly:

(i) breaches or violates Section 6(a) of this Stock Agreement; or

(ii) employs, recruits or solicits for employment any person who is (or was within the six (6) months prior to the Participant’s employment termination date) an employee of the Company and/or any Subsidiary; or

(iii) accepts employment or engages in a competing business which may require contact, solicitation, interference or diverting of any of the Company’s or any Subsidiary’s customers, or that may result in the disclosure, divulging, or other use, of Confidential Information or Company Materials acquired during the Participant’s employment with the Company or any Subsidiary; or

(iv) solicits or encourages any customer, vendor (or potential customer or vendor of the Company or any Subsidiary with whom the Participant had contact while employed by the Company or any Subsidiary) to terminate or otherwise alter his, her or its relationship with the Company or any Subsidiary. The Participant understands that any person or entity that the Participant contacted during the twelve (12) months prior to the date of the Participant’s termination of employment for the purpose of soliciting sales from such person or entity shall be regarded as a “potential customer” of the Company to whom the Company or a Subsidiary has a protectable proprietary interest;

the unvested Restricted Stock shall be forfeited automatically on the date the Participant engages in such activity and the Participant shall pay the Company, within five business days of receipt by the Participant of a written demand therefor, an amount in cash determined by multiplying the number of Shares of Restricted Stock subject to this Stock Agreement which vested within the one-year period described above by the Fair Market Value of a Share, determined as of the date of vesting.

(c) Remedies for Violation.

(i) Injunctive Action. The Participant acknowledges that if he or she violates the terms of this Section 6 the injury that would be suffered by the Company and/or a Subsidiary as a result of a breach of the provisions of this Stock Agreement (including any provision of Section 6(a) or (b)) would be irreparable and that an award of monetary damages to the Company and/or a Subsidiary for such a breach would be an inadequate remedy. Consequently, the Company and/or a Subsidiary will have the right, in addition to any other rights it may have, to obtain injunctive relief to restrain

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any breach or threatened breach or otherwise to specifically enforce any provision of this Stock Agreement, and the Company and/or a Subsidiary will not be obligated to post bond or other security in seeking such relief. Without limiting the Company’s or a Subsidiary’s rights under this Section 6 or any other remedies of the Company or a Subsidiary, if the Participant breaches any of the provisions of Section 6(a) or (b), the Company will have the right to cancel this Stock Agreement.

(ii) Attorneys’ Fees; Set-Off Right. In addition to the rights available to the Company and its Subsidiaries under Section 6(c)(i), if the Participant violates the terms of this Section 6 at any time, the Company shall be entitled to reimbursement from the Participant of any fees and expenses (including attorneys’ fees) incurred by or on behalf of the Company or any Subsidiary in enforcing the Company’s or a Subsidiary’s rights under this Section 6. By accepting this Restricted Stock grant, the Participant hereby consents to a deduction from any amounts the Company or any Subsidiary owes to the Participant from time to time (including amounts owed to the Participant as wages or other compensation, fringe benefits or vacation pay, as well as any other amounts owed to the Participant by the Company or any Subsidiary), unless such amount is subject to Section 409A of the Code, to the extent of any amounts that the Participant owes to the Company under this Section 6. In addition to any injunctive relief sought under Section 6(c)(i) and whether or not the Company or any Subsidiary elects to make any set-off in whole or in part, if the Company or any Subsidiary does not recover by means of set-off the full amount the Participant owes to the Company or any Subsidiary, calculated as set forth in this Section 6(c)(ii), the Participant agrees to immediately pay the unpaid balance to the Company or any Subsidiary.

(d) Enforceability of Restrictive Covenants. The scope and duration of the restrictive covenants contained in this Stock Agreement are reasonable and necessary to protect a legitimate, protectable interest of the Company and its Subsidiaries.

(e) Written Acknowledgement by Participant. The Committee, in its sole discretion, may require the Participant, as a condition to lapsing any restriction on the Restricted Stock, to acknowledge in writing that the Participant has not engaged, and is not in the process of engaging, in any of the activities described in this Section 6.

7. Miscellaneous Provisions.

(a) No Service or Employment Rights. No provision of this Stock Agreement or of the Restricted Stock granted hereunder shall give the Participant any right to continue in the service or employ of the Company or any Subsidiary, create any inference as to the length of employment or service of the Participant, affect the right of the Company or any Subsidiary to terminate the employment or service of the Participant, with or without Cause, or give the Participant any right to participate in any employee welfare or benefit plan or other program (other than the Plan) of the Company or any Subsidiary.

(b) Plan Document Governs. The Restricted Stock is granted pursuant to the Plan, and the Restricted Stock and this Stock Agreement are in all respects governed by the Plan and subject to all of the terms and provisions thereof, whether such terms and provisions are incorporated in

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this Stock Agreement by reference or are expressly cited. Any inconsistency between the Stock Agreement and the Plan shall be resolved in favor of the Plan. The Participant hereby acknowledges receipt of a copy of the Plan.

(c) Administration. This Stock Agreement and the rights of the Participant hereunder are subject to all the terms and conditions of the Plan, as the same may be amended from time to time, as well as to such rules and regulations as the Committee may adopt for administration of the Plan. It is expressly understood that the Committee is authorized to administer, construe, and make all determinations necessary or appropriate to the administration of the Plan and this Stock Agreement, all of which shall be binding upon the Participant.

(d) No Vested Right in Future Awards. The Participant acknowledges and agrees (by accepting or executing this Stock Agreement) that the granting of Restricted Stock under this Stock Agreement is made on a fully discretionary basis by the Company and that this Stock Agreement does not lead to a vested right to further restricted stock or other awards in the future.

(e) Use of Personal Data. By accepting or executing this Stock Agreement, the Participant acknowledges and agrees to the collection, use, processing and transfer of certain personal data, including his or her name, salary, nationality, job title, position and details of all past Awards and current Awards outstanding under the Plan (“Data”), for the purpose of managing and administering the Plan. The Participant is not obliged to consent to such collection, use, processing and transfer of personal data, but a refusal to provide such consent may affect his or her ability to participate in the Plan. The Company, or its Subsidiaries, may transfer Data among themselves or to third parties as necessary for the purpose of implementation, administration and management of the Plan. These various recipients of Data may be located elsewhere throughout the world. The Participant authorizes these various recipients of Data to receive, possess, use, retain and transfer the Data, in electronic or other form, for the purposes of implementing, administering and managing the Plan. The Participant may, at any time, review Data with respect to the Participant and require any necessary amendments to such Data. The Participant may withdraw his or her consent to use Data herein by notifying the Company in writing; however, the Participant understands that by withdrawing his or her consent to use Data, the Participant may affect his or her ability to participate in the Plan.

(f) Severability. If a provision of this Stock Agreement is or becomes illegal, invalid or unenforceable in any jurisdiction then that provision is to be construed either by modifying it to the minimum extent necessary to make it enforceable (if permitted by law) or disregarding it (if not), and that shall not affect the validity or enforceability in that jurisdiction of any other provision of this Stock Agreement; or the validity or enforceability in other jurisdictions of that or any other provision of this Stock Agreement.

(g) Waiver; Cumulative Rights. The failure or delay of either party to require performance by the other party of any provision hereof shall not affect its right to require performance of such provision unless and until such performance has been waived in writing. Each and every right hereunder is cumulative and may be exercised in part or in whole from time to time.

(h) Notices. Any notice which either party hereto may be required or permitted to give the other shall be in writing and may be delivered personally or by mail, postage prepaid, addressed

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to the Corporate Secretary of the Company, at its then corporate headquarters, and the Participant at the Participant’s address (including any electronic mail address) as shown on the Company’s records, or to such other address as the Participant, by notice to the Company, may designate in writing from time to time. The Participant hereby consents to electronic delivery of any notices that may be made hereunder.

(i) Counterparts. This Stock Agreement may be signed in counterparts, each of which shall be an original, but both of which shall constitute but one and the same instrument.

(j) Successors and Assigns. This Stock Agreement shall inure to the benefit of and be binding upon each successor and assign of the Company. All obligations imposed upon the Participant, and all rights granted to the Company hereunder, shall be binding upon the Participant’s heirs, legal representatives and successors.

(k) Governing Law. This Stock Agreement and the Restricted Stock granted hereunder shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware, without giving effect to provisions thereof regarding conflict of laws.

(l) Entire Agreement. This Stock Agreement, together with the Plan, constitute the entire obligation of the parties hereto with respect to the subject matter hereof and shall supersede any prior expressions of intent or understanding with respect to this transaction.

(m) Amendment. Any amendment to this Stock Agreement shall be in writing and signed by an executive officer of the Company or the Director of Compensation and Benefits.

(n) Headings and Construction. The headings contained in this Stock Agreement are for reference purposes only and shall not affect the meaning or interpretation of this Stock Agreement. This Stock Agreement is intended to be a stock right excluded from the requirements of Code Section 409A. The terms of this Stock Agreement shall be administered and construed in a manner consistent with the intent that it be a stock right excluded from the requirements of Code Section 409A.

IN WITNESS WHEREOF, the Company has caused this Stock Agreement to be duly executed by an officer thereunto duly authorized, and the Participant has electronically accepted this Stock Agreement through the Company’s electronic delivery and acceptance process operated by e*Trade or hereunto set his or her hand, all as of the day and year first above written.

ZEBRA TECHNOLOGIES CORPORATION
By:
Name:	Michael Terzich
Title:	Senior Vice President, Chief Administrative Officer

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EX-10.2

Exhibit 10.2

PERFORMANCE-VESTED RESTRICTED STOCK AGREEMENT

This PERFORMANCE-VESTED RESTRICTED STOCK AGREEMENT (this “Stock Agreement”), dated as of %%OPTION_DATE,’MM/DD/YYYY’%-% (the “Grant Date”), is between ZEBRA TECHNOLOGIES CORPORATION, a Delaware corporation (the “Company”), and %%FIRST_NAME%-% %%LAST_NAME%-% (the “Participant”), relating to restricted stock granted under the Zebra Technologies Corporation 2011 Long-Term Incentive Plan, as amended (the “Plan”). Capitalized terms used in this Stock Agreement without definition shall have the meanings ascribed to such terms in the Plan.

1. Grant of Restricted Stock.

(a) Grant. Subject to the provisions of this Stock Agreement and pursuant to the provisions of the Plan, the Company hereby grants to the Participant as of the Grant Date %%TOTAL_SHARES_GRANTED,’999,999,999’%-% shares (the “Target Shares”) of the Company’s Class A Common Stock, $.01 par value per share (the “Restricted Stock”). This Stock Agreement shall be null and void unless the Participant accepts this Stock Agreement by either (i) electronically accepting this Stock Agreement through the Company’s electronic delivery and acceptance process operated by E*TRADE or (ii) executing this Stock Agreement in the space provided below and returning it to the Company, in each case not later than June 30, 2015.

(b) Nontransferability. Except as otherwise permitted under the Plan or this Stock Agreement, the Restricted Stock granted hereunder shall be non-transferable by the Participant during the Period of Restriction set forth under Section 2 of this Stock Agreement.

2. Vesting of Restricted Stock.

(a) Period of Restriction and Performance Goals.

(i) The Restricted Stock shall be forfeitable and non-transferable during the Period of Restriction. The “Period of Restriction” with respect to the Restricted Stock shall begin on the Grant Date and end at 5:00 p.m., Central Time, on May 9, 2018 in accordance with Exhibit A.

(ii) Except as otherwise provided for under this Stock Agreement, the Participant must remain employed by the Company or any Subsidiary continuously through the Period of Restriction.

(b) Additional Vesting Rules. Notwithstanding Section 2(a), the Restricted Stock shall be subject to the following additional vesting rules in the following circumstances:

(i) Death or Disability. In the event the Participant’s employment with the Company and its Subsidiaries is terminated prior to December 31, 2017 due to death or Disability, a number of Shares equal to the product of (x) the number of Target Shares multiplied by (y) the vesting percentage used by the Company (determined in accordance with Exhibit A) when determining compensation expense under Generally Accepted Accounting Principles as of the most recent quarter end prior to the effective date of the

participant’s termination of employment, shall become fully vested as of 5:00 p.m., Central Time, on the effective date of the Participant’s termination of employment and the remainder of the Period of Restriction shall lapse. In the event the Participant’s employment with the Company and its Subsidiaries is terminated on or after December 31, 2017 and on or prior to 5:00 p.m., Central Time, on May 9, 2018 due to death or Disability, the Period of Restriction shall lapse as of 5:00 p.m., Central Time, on May 9, 2018 in accordance with Exhibit A.

(ii) Retirement; Termination by the Company or any Subsidiary other than for Cause. In the event the Participant’s employment with the Company and its Subsidiaries is terminated by reason of the Participant’s retirement on or after age 65 or prior to age 65 with the approval of the Senior Vice President, Chief Administrative Officer, or by the Company and/or any Subsidiary without Cause, the Period of Restriction shall lapse as of 5:00 p.m., Central Time, on May 9, 2018 and the number of shares of Restricted Stock that shall be vested shall equal the product of (x) the total number of shares of Restricted Stock that would vest in accordance with Exhibit A multiplied by (y) a fraction, the numerator of which is the number of days from but excluding the Grant Date and to and including the effective date of the Participant’s termination of employment, and the denominator of which is 1,096. This Stock Agreement shall be settled in whole shares of the Company’s Common Stock, and cash for the value of a fractional share of Common Stock (rounded to the nearest hundredth). For purposes of this Stock Agreement, “Cause” has the meaning set forth in the employment agreement, if any, between the Company and/or any Subsidiary and the Participant or, if the Participant is not a party to such an agreement, “Cause” has the meaning, as determined by the Company in its sole discretion, set forth in the Plan.

(iii) Other Termination of Employment. In the event the Participant’s employment with the Company and its Subsidiaries is terminated for any reason other than as provided in Section 2(b)(i) or (ii), any unvested Shares of Restricted Stock as of the effective date of the Participant’s termination of employment shall immediately be forfeited to the Company.

3. Rights While Holding Restricted Stock.

(a) Custody and Availability of Shares. The Company shall hold the Target Shares in uncertificated, book-entry form registered in the Participant’s name until any Target Shares shall have vested, in whole or in part, pursuant to Section 2. Subject to Section 4, if and to the extent shares of Restricted Stock, including Target Shares, become vested, the Company shall remove or cause the removal of the restrictions on transfer of such shares arising from this Stock Agreement. Such unrestricted shares shall be made available to the Participant in uncertificated, book-entry form registered in the Participant’s name.

(b) Rights as a Stockholder. During the period that Target Shares remain unvested, the Participant shall have all of the rights of a stockholder of the Company with respect to the Target Shares including, but not limited to, the right to receive dividends paid on the Target Shares and the full right to vote such shares.

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(c) Section 83(b) Election. The Participant is not permitted to make a Section 83(b) election with respect to the Restricted Stock.

(d) Compliance with Federal and State Law. The Company may postpone issuing and delivering any Restricted Stock for so long as the Company reasonably determines to be necessary to satisfy the following:

(i) its completing or amending any securities registration or qualification of the Restricted Stock or it or the Participant satisfying any exemption from registration under any federal, state or other law, rule or regulation; and

(ii) the Participant complying with any federal, state or other tax withholding obligations.

4. Payment of Taxes. If the Company is obligated to withhold an amount on account of any tax imposed as a result of the issuance or vesting of the Restricted Stock, the Participant shall be required to pay such amount to the Company, as provided in Section 9.10 of the Plan. The Participant acknowledges and agrees that the Participant is responsible for the tax consequences associated with the grant of the Restricted Stock and its vesting.

5. Change in Control. Subject to Section 9.8 of the Plan:

(a) Notwithstanding any provision in this Agreement, in the event of a Change in Control pursuant to Section 2.5(c) or (d) of the Plan in connection with which (i) holders of Shares receive consideration consisting solely of shares of common stock that are registered under Section 12 of the Exchange Act (and disregarding the payment of cash in lieu of fractional shares) and (ii) this Stock Agreement is assumed or provision is made for the continuation of this Stock Agreement, then subject to Section 4.3 of the Plan, a number of Shares equal to the product of (x) the number of Target Shares multiplied by (y) the vesting percentage used by the Company (determined in accordance with Exhibit A) when determining compensation expense under Generally Accepted Accounting Principles as of the most recent quarter end prior to the effective date of the Change in Control, shall become fully vested as of 5:00 p.m., Central Time, on the date of the Change in Control and the remainder of the Period of Restriction shall lapse and there shall be substituted for each Share of Restricted Stock then subject to this Stock Agreement, the number and class of shares into which each outstanding Share shall be converted pursuant to such Change in Control.

(b) Notwithstanding any provision in this Agreement to the contrary, in the event of a Change in Control pursuant to Section 2.5(a) or (b) of the Plan, or in the event of a Change in Control pursuant to Section 2.5(c) or (d) of the Plan as to which Section 5(a) above does not apply, this Stock Agreement shall be surrendered to the Company by the Participant, and this Stock Agreement shall immediately be canceled by the Company, and the Participant shall receive, within 10 days following the effective date of the Change in Control, a cash payment from the Company in an amount equal to the product of (x) the number of Target Shares multiplied by (y) the vesting percentage used by the Company (determined in accordance with Exhibit A) when determining compensation expense under Generally Accepted Accounting Principles as of the most recent quarter end prior to the effective date of the Change in Control, multiplied by (z) the

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greater of (i) the highest per Share price offered to stockholders of the Company in any transaction whereby the Change in Control takes place or (ii) the Fair Market Value of a Share on the effective date of the Change in Control.

6. Confidentiality, Non-Solicitation and Non-Compete. The Participant agrees to, understands and acknowledges the following:

(a) Confidential Information. The Participant will be furnished, use or otherwise have access to certain Confidential Information of the Company and/or a Subsidiary. For purposes of this Stock Agreement, “Confidential Information” means any and all financial, technical, commercial or other information concerning the business and affairs of the Company and/or a Subsidiary that is confidential and proprietary to the Company and/or a Subsidiary, including without limitation,

(i) information relating to the Company’s or Subsidiary’s past and existing customers and vendors and development of prospective customers and vendors, including specific customer product requirements, pricing arrangements, payment terms, customer lists and other similar information;

(ii) inventions, designs, methods, discoveries, works of authorship, creations, improvements or ideas developed or otherwise produced, acquired or used by the Company and/or a Subsidiary;

(iii) the Company’s or Subsidiary’s proprietary programs, processes or software, consisting of, but not limited to, computer programs in source or object code and all related documentation and training materials, including all upgrades, updates, improvements, derivatives and modifications thereof and including programs and documentation in incomplete stages of design or research and development;

(iv) the subject matter of the Company’s or Subsidiary’s patents, design patents, copyrights, trade secrets, trademarks, service marks, trade names, trade dress, manuals, operating instructions, training materials, and other industrial property, including such information in incomplete stages of design or research and development; and

(v) other confidential and proprietary information or documents relating to the Company’s or Subsidiary’s products, business and marketing plans and techniques, sales and distribution networks and any other information or documents which the Company reasonably regards as being confidential.

The Company and its Subsidiaries devote significant financial, human and other resources to the development of their products, customer base and the general goodwill associated with its business, and the Company and its Subsidiaries diligently maintain the secrecy and confidentiality of their Confidential Information. Each and every component of the Confidential Information is sufficiently secret to derive economic value from its not being generally known to other persons. While employed by the Company and/or Subsidiary and thereafter, the Participant will hold in the strictest confidence and not use in any manner which is detrimental to the Company or its Subsidiaries or disclose to any individual or entity any Confidential Information, except as may be required by the Company or its Subsidiaries in connection with the Participant’s employment.

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All Company Materials are and will be the sole property of the Company and/or Subsidiary. The Participant agrees that during and after his or her employment by the Company and/or Subsidiary, the Participant will not remove any Company Materials from the business premises of the Company or a Subsidiary or deliver any Company Materials to any person or entity outside the Company or a Subsidiary, except as the Participant is required to do so in connection with performing the duties of his or her employment. The Participant further agrees that, immediately upon the termination of his or her employment for any reason, or during the Participant’s employment if so requested by the Company, the Participant will return all Company Materials and other physical property, and any reproduction thereof, excepting only the Participant’s copy of this Agreement. For purposes of this Stock Agreement, “Company Materials” means documents or other media or tangible items that contain or embody Confidential Information or any other information concerning the business, operations or future/strategic plans of the Company and/or any Subsidiary, whether such documents have been prepared by the Participant or by others.

(b) Breach or Violation of Section 6(a); Non-Solicitation and Non-Compete. Notwithstanding any provision of this Stock Agreement, if at any time prior to the date that is one year after the date of vesting of all or any portion of the Restricted Stock, the Participant directly or indirectly:

(i) breaches or violates Section 6(a) of this Stock Agreement; or

(ii) employs, recruits or solicits for employment any person who is (or was within the six (6) months prior to the Participant’s employment termination date) an employee of the Company and/or any Subsidiary; or

(iii) accepts employment or engages in a competing business which may require contact, solicitation, interference or diverting of any of the Company’s or any Subsidiary’s customers, or that may result in the disclosure, divulging, or other use, of Confidential Information or Company Materials acquired during the Participant’s employment with the Company or any Subsidiary; or

(iv) solicits or encourages any customer, vendor (or potential customer or vendor of the Company or any Subsidiary with whom the Participant had contact while employed by the Company or any Subsidiary) to terminate or otherwise alter his, her or its relationship with the Company or any Subsidiary. The Participant understands that any person or entity that the Participant contacted during the twelve (12) months prior to the date of the Participant’s termination of employment for the purpose of soliciting sales from such person or entity shall be regarded as a “potential customer” of the Company to whom the Company or a Subsidiary has a protectable proprietary interest;

the unvested Restricted Stock shall be forfeited automatically on the date the Participant engages in such activity and the Participant shall pay the Company, within five business days of receipt by the Participant of a written demand therefor, an amount in cash determined by multiplying the number of Shares of Restricted Stock subject to this Stock Agreement which vested within the one-year period described above by the Fair Market Value of a Share, determined as of the date of vesting.

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(c) Remedies for Violation.

(i) Injunctive Action. The Participant acknowledges that if he or she violates the terms of this Section 6 the injury that would be suffered by the Company and/or a Subsidiary as a result of a breach of the provisions of this Stock Agreement (including any provision of Section 6(a) or (b)) would be irreparable and that an award of monetary damages to the Company and/or a Subsidiary for such a breach would be an inadequate remedy. Consequently, the Company and/or a Subsidiary will have the right, in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened breach or otherwise to specifically enforce any provision of this Stock Agreement, and the Company and/or a Subsidiary will not be obligated to post bond or other security in seeking such relief. Without limiting the Company’s or a Subsidiary’s rights under this Section 6 or any other remedies of the Company or a Subsidiary, if the Participant breaches any of the provisions of Section 6(a) or (b), the Company will have the right to cancel this Stock Agreement.

(ii) Attorneys’ Fees; Set-Off Right. In addition to the rights available to the Company and its Subsidiaries under Section 6(c)(i), if the Participant violates the terms of this Section 6 at any time, the Company shall be entitled to reimbursement from the Participant of any fees and expenses (including attorneys’ fees) incurred by or on behalf of the Company or any Subsidiary in enforcing the Company’s or a Subsidiary’s rights under this Section 6. By accepting this Restricted Stock grant, the Participant hereby consents to a deduction from any amounts the Company or any Subsidiary owes to the Participant from time to time (including amounts owed to the Participant as wages or other compensation, fringe benefits or vacation pay, as well as any other amounts owed to the Participant by the Company or any Subsidiary), unless such amount is subject to Section 409A of the Code, to the extent of any amounts that the Participant owes to the Company under this Section 6. In addition to any injunctive relief sought under Section 6(c)(i) and whether or not the Company or any Subsidiary elects to make any set-off in whole or in part, if the Company or any Subsidiary does not recover by means of set-off the full amount the Participant owes to the Company or any Subsidiary, calculated as set forth in this Section 6(c)(ii), the Participant agrees to immediately pay the unpaid balance to the Company or any Subsidiary.

(d) Enforceability of Restrictive Covenants. The scope and duration of the restrictive covenants contained in this Stock Agreement are reasonable and necessary to protect a legitimate, protectable interest of the Company and its Subsidiaries.

(e) Written Acknowledgement by Participant. The Committee, in its sole discretion, may require the Participant, as a condition to lapsing any restriction on the Restricted Stock, to acknowledge in writing that the Participant has not engaged, and is not in the process of engaging, in any of the activities described in this Section 6.

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7. Miscellaneous Provisions.

(a) No Service or Employment Rights. No provision of this Stock Agreement or of the Restricted Stock granted hereunder shall give the Participant any right to continue in the service or employ of the Company or any Subsidiary, create any inference as to the length of employment or service of the Participant, affect the right of the Company or any Subsidiary to terminate the employment or service of the Participant, with or without Cause, or give the Participant any right to participate in any employee welfare or benefit plan or other program (other than the Plan) of the Company or any Subsidiary.

(b) Plan Document Governs. The Restricted Stock is granted pursuant to the Plan, and the Restricted Stock and this Stock Agreement are in all respects governed by the Plan and subject to all of the terms and provisions thereof, whether such terms and provisions are incorporated in this Stock Agreement by reference or are expressly cited. Any inconsistency between the Stock Agreement and the Plan shall be resolved in favor of the Plan. The Participant hereby acknowledges receipt of a copy of the Plan.

(c) Administration. This Stock Agreement and the rights of the Participant hereunder are subject to all the terms and conditions of the Plan, as the same may be amended from time to time, as well as to such rules and regulations as the Committee may adopt for administration of the Plan. It is expressly understood that the Committee is authorized to administer, construe, and make all determinations necessary or appropriate to the administration of the Plan and this Stock Agreement, all of which shall be binding upon the Participant.

(d) No Vested Right in Future Awards. The Participant acknowledges and agrees (by accepting or executing this Stock Agreement) that the granting of Restricted Stock under this Stock Agreement is made on a fully discretionary basis by the Company and that this Stock Agreement does not lead to a vested right to further restricted stock or other awards in the future.

(e) Use of Personal Data. By accepting or executing this Stock Agreement, the Participant acknowledges and agrees to the collection, use, processing and transfer of certain personal data, including his or her name, salary, nationality, job title, position and details of all past Awards and current Awards outstanding under the Plan (“Data”), for the purpose of managing and administering the Plan. The Participant is not obliged to consent to such collection, use, processing and transfer of personal data, but a refusal to provide such consent may affect his or her ability to participate in the Plan. The Company, or its Subsidiaries, may transfer Data among themselves or to third parties as necessary for the purpose of implementation, administration and management of the Plan. These various recipients of Data may be located elsewhere throughout the world. The Participant authorizes these various recipients of Data to receive, possess, use, retain and transfer the Data, in electronic or other form, for the purposes of implementing, administering and managing the Plan. The Participant may, at any time, review Data with respect to the Participant and require any necessary amendments to such Data. The Participant may withdraw his or her consent to use Data herein by notifying the Company in writing; however, the Participant understands that by withdrawing his or her consent to use Data, the Participant may affect his or her ability to participate in the Plan.

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(f) Severability. If a provision of this Stock Agreement is or becomes illegal, invalid or unenforceable in any jurisdiction then that provision is to be construed either by modifying it to the minimum extent necessary to make it enforceable (if permitted by law) or disregarding it (if not), and that shall not affect the validity or enforceability in that jurisdiction of any other provision of this Stock Agreement; or the validity or enforceability in other jurisdictions of that or any other provision of this Stock Agreement.

(g) Waiver; Cumulative Rights. The failure or delay of either party to require performance by the other party of any provision hereof shall not affect its right to require performance of such provision unless and until such performance has been waived in writing. Each and every right hereunder is cumulative and may be exercised in part or in whole from time to time.

(h) Notices. Any notice which either party hereto may be required or permitted to give the other shall be in writing and may be delivered personally or by mail, postage prepaid, addressed to the Corporate Secretary of the Company, at its then corporate headquarters, and the Participant at the Participant’s address (including any electronic mail address) as shown on the Company’s records, or to such other address as the Participant, by notice to the Company, may designate in writing from time to time. The Participant hereby consents to electronic delivery of any notices that may be made hereunder.

(i) Counterparts. This Stock Agreement may be signed in counterparts, each of which shall be an original, but both of which shall constitute but one and the same instrument.

(j) Successors and Assigns. This Stock Agreement shall inure to the benefit of and be binding upon each successor and assign of the Company. All obligations imposed upon the Participant, and all rights granted to the Company hereunder, shall be binding upon the Participant’s heirs, legal representatives and successors.

(k) Governing Law. This Stock Agreement and the Restricted Stock granted hereunder shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware, without giving effect to provisions thereof regarding conflict of laws.

(l) Entire Agreement. This Stock Agreement, together with the Plan, constitute the entire obligation of the parties hereto with respect to the subject matter hereof and shall supersede any prior expressions of intent or understanding with respect to this transaction.

(m) Amendment. Any amendment to this Stock Agreement shall be in writing and signed by an executive officer of the Company or the Director of Compensation and Benefits.

(n) Headings and Construction. The headings contained in this Stock Agreement are for reference purposes only and shall not affect the meaning or interpretation of this Stock Agreement. This Stock Agreement is intended to be a stock right excluded from the requirements of Code Section 409A. The terms of this Stock Agreement shall be administered and construed in a manner consistent with the intent that it be a stock right excluded from the requirements of Code Section 409A.

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IN WITNESS WHEREOF, the Company has caused this Stock Agreement to be duly executed by an officer thereunto duly authorized, and the Participant has electronically accepted this Stock Agreement through the Company’s electronic delivery and acceptance process operated by e*Trade or hereunto set his or her hand, all as of the day and year first above written.

ZEBRA TECHNOLOGIES CORPORATION
By:
Name:	Anders Gustafsson
Title:	Chief Executive Officer

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EX-31.1

Exhibit 31.1

CERTIFICATION

I, Anders Gustafsson, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Zebra Technologies Corporation;

2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;

3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and the internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and we have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this quarterly report based on such evaluation; and

d) Disclosed in this quarterly report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent function):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 13, 2015	By:	/s/ Anders Gustafsson
		Anders Gustafsson
		Chief Executive Officer

EX-31.2

Exhibit 31.2

CERTIFICATION

I, Michael C. Smiley, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Zebra Technologies Corporation;

2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;

3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and the internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and we have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this quarterly report based on such evaluation; and

d) Disclosed in this quarterly report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent function):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 13, 2015	By:	/s/ Michael C. Smiley
		Michael C. Smiley
		Chief Financial Officer

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Zebra Technologies Corporation (Zebra) on Form 10-Q for the period that ended July 4, 2015, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Anders Gustafsson, Chief Executive Officer of Zebra, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that:

1. The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of Zebra.

A signed original of this written statement required by Section 906, or another document authenticating, acknowledging or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Zebra and will be retained by Zebra and furnished to the Securities and Exchange Commission or its staff upon request.

Date: August 13, 2015	By:	/s/ Anders Gustafsson
		Anders Gustafsson
		Chief Executive Officer

EX-32.2

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Zebra Technologies Corporation (Zebra) on Form 10-Q for the period that ended July 4, 2015, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Michael C. Smiley, Chief Financial Officer of Zebra, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that:

1. The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of Zebra.

A signed original of this written statement required by Section 906, or another document authenticating, acknowledging or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Zebra and will be retained by Zebra and furnished to the Securities and Exchange Commission or its staff upon request.

Date: August 13, 2015	By:	/s/ Michael C. Smiley
		Michael C. Smiley
		Chief Financial Officer

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Equity-Based Compensation (Tables)

6 Months Ended

Jul. 04, 2015

Weighted-Average Assumptions Used for Grants of Stock Options and SARs

The following table shows the weighted-average assumptions used for grants of SARs as well as the fair value of the grants based on those assumptions:

	Six Months Ended
	July 4, 2015			June 28, 2014
Expected dividend yield		0	%		0	%
Forfeiture rate		10.24	%		10.32	%
Volatility		33.98	%		34.92	%
Risk free interest rate		1.53	%		1.73	%
Range of interest rates		0.02% - 2.14	%		0.02% - 2.61	%
Expected weighted-average life		5.32 years			5.36 years
Fair value of SARs granted	$	11,324,000		$	4,211,000
Weighted-average grant date fair value of SARs granted (per underlying share)	$	35.25		$	25.02

Summary of Stock Option Activity

Stock option activity was as follows:

	Six Months Ended July 4, 2015
Options	Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at beginning of year		415,960		$	40.19
Exercised		(171,666	)		43.49
Expired		(1,550	)		51.62
Outstanding at end of period		242,744			37.78		2.3 Years	$	14.0 million
Exercisable at end of period		242,744			37.78		2.3 Years	$	14.0 million
Intrinsic value of exercised options	$	8,384,000

Summary of SARs Activity

	Six Months Ended July 4, 2015
SARs	Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at beginning of year		1,292,142		$	42.20
Granted		321,244			108.05
Exercised		(156,366	)		40.76
Forfeited		(13,032	)		61.72
Outstanding at end of period		1,443,988			56.83		7.3 years	$	59.7 million
Exercisable at end of period		755,871			35.91		5.8 years	$	44.9 million
Intrinsic value of exercised SARs	$	9,684,000

Summary of Restricted Stock Award Activity

Restricted stock award activity was as follows:

	Six Months Ended July 4, 2015
Restricted Stock Awards	Shares			Weighted-Average Grant Date Fair Value
Outstanding at beginning of year		691,621		$	60.06
Granted		179,900			107.89
Released		(240,616	)		51.81
Forfeited		(31,189	)		70.62
Outstanding at end of period		599,716			77.20

Summary of Performance Share Award Activity

Performance share award activity was as follows:

	Six Months Ended July 4, 2015
Performance Share Awards	Shares			Weighted-Average Grant Date Fair Value
Outstanding at beginning of year		374,180		$	61.38
Granted		111,235			75.93
Released		(120,000	)		38.67
Forfeited		(20,804	)		72.98
Outstanding at end of period		344,611			73.48

Summary of Restricted Stock Unit Activity

Restricted stock unit activity was as follows:

	Six Months Ended July 4, 2015
Restricted Stock Units	Shares
Outstanding at beginning of year		41,964
Granted		11,618
Released		(8,541	)
Forfeited		(3,820	)
Outstanding at end of period		41,221

Weighted-Average Assumptions Used for Employee Purchase Rights Granted Under Stock Purchase Plan

The fair value of the purchase rights issued to the Company’s employees under the stock purchase plan is estimated using the following weighted-average assumptions for purchase rights granted. Expected lives of three months to one year have been used along with these assumptions.

	Six Months Ended
	July 4, 2015			June 28, 2014
Fair market value	$	82.68		$	60.06
Option price	$	78.55		$	57.06
Expected dividend yield		0	%		0	%
Expected volatility		27	%		34	%
Risk free interest rate		0.04	%		0.06	%

Performance Stock Units [Member]

Summary of Performance Share Award Activity

Performance stock unit activity was as follows:

	Six Months Ended July 4, 2015
Performance Stock Units	Shares
Outstanding at beginning of year		10,345
Granted		283
Forfeited		(1,272	)
Outstanding at end of period		9,356

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Accrued Liabilities - Components of Accrued Liabilities (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Dec. 31, 2014
Payables and Accruals [Abstract]
Accrued payroll	$ 67,180	$ 73,582
Accrued warranty	25,391	24,666
Accrued taxes	5,029	11,446
Interest payable	34,729	34,727
Amount owed to seller- MSI	0	48,806
Customer reserves	57,383	39,201
Accrued other expenses	173,383	188,642
Total accrued liabilities	$ 363,095	$ 421,070

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Accounts Receivable - Components of Accounts Receivable, Net (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Dec. 31, 2014
Receivables [Abstract]
Account receivable, gross	$ 632,381	$ 671,471
Accounts receivable reserves	(1,314)	(1,069)
Accounts receivable, net	$ 631,067	$ 670,402

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Warranty - Summary of Accrued Warranty Obligation (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014
Product Warranties Disclosures [Abstract]
Balance at the beginning of period	$ 24,666	$ 4,125
Warranty expense	16,126	3,648
Warranty payments	(15,401)	(3,587)
Balance at the end of period	$ 25,391	$ 4,186

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Costs Associated with Exit and Restructuring Activities - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring charges			$ 34,700
Exit and restructuring charges	$ 17,949	$ 287	29,118	$ 554
Zebra Legacy [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges			6,900
Exit and restructuring charges	5,300		6,900
Enterprise Solutions [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges			27,800
Exit and restructuring charges	$ 12,600		$ 22,200

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Equity-Based Compensation - Summary of SARs Activity (Detail) - Jul. 04, 2015 - Stock Appreciation Rights (SARs) [Member] - USD ($)	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding at beginning of year	1,292,142
Shares, Granted	321,244
Shares, Exercised	(156,366)
Shares, Forfeited	(13,032)
Shares, Outstanding at end of period	1,443,988
Shares, Exercisable at end of period	755,871
Weighted-Average Exercise Price, Outstanding at beginning of year	$ 42.20
Weighted-Average Exercise Price, Granted	108.05
Weighted-Average Exercise Price, Exercised	40.76
Weighted-Average Exercise Price, Forfeited	61.72
Weighted-Average Exercise Price, Outstanding at end of period	56.83
Weighted-Average Exercise Price, Exercisable at end of period	$ 35.91
Intrinsic value of exercised SARs	$ 9,684,000
Weighted-average remaining contractual term, Outstanding	7 years 3 months 18 days
Weighted-average remaining contractual term, Exercisable	5 years 9 months 18 days
Aggregate intrinsic value, Outstanding	$ 59,700,000
Aggregate intrinsic value, Exercisable	$ 44,900,000

XML

Fair Value Measurements - Financial Assets and Liabilities Carried at Fair Value (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets at fair value	$ 12,510	$ 39,711
Total Liabilities at fair value	31,951	22,726
Investments subtotal		24,385
U.S. Government and Agency Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		10,720
Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets at fair value	4,567	9,318
Total Liabilities at fair value	677
Forward Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Liabilities at fair value	23,331	16,718
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets at fair value	7,943	18,767
Total Liabilities at fair value	8,414	6,008
Investments subtotal		10,720
Level 1 [Member] | U.S. Government and Agency Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		10,720
Level 1 [Member] | Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets at fair value	0	2,039
Total Liabilities at fair value	471
Level 1 [Member] | Forward Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Liabilities at fair value	0	0
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets at fair value	4,567	20,944
Total Liabilities at fair value	23,537	16,718
Investments subtotal		13,665
Level 2 [Member] | U.S. Government and Agency Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		0
Level 2 [Member] | Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets at fair value	4,567	7,279
Total Liabilities at fair value	206
Level 2 [Member] | Forward Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Liabilities at fair value	23,331	16,718
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets at fair value	0	0
Total Liabilities at fair value	0	0
Investments subtotal		0
Level 3 [Member] | U.S. Government and Agency Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		0
Level 3 [Member] | Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets at fair value	0	0
Total Liabilities at fair value	0
Level 3 [Member] | Forward Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Liabilities at fair value	0	0
Obligations of Government-Sponsored Enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		705
Obligations of Government-Sponsored Enterprises [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		0
Obligations of Government-Sponsored Enterprises [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		705
Obligations of Government-Sponsored Enterprises [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		0
State and Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		5,179
State and Municipal Bonds [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		0
State and Municipal Bonds [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		5,179
State and Municipal Bonds [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		0
Corporate Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		7,781
Corporate Securities [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		0
Corporate Securities [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		7,781
Corporate Securities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments subtotal		0
Money Market Investments Related to the Deferred Compensation Plan [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets at fair value	7,943	6,008
Money Market Investments Related to the Deferred Compensation Plan [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets at fair value	7,943	6,008
Money Market Investments Related to the Deferred Compensation Plan [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets at fair value	0	0
Money Market Investments Related to the Deferred Compensation Plan [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets at fair value	0	0
Liabilities Related to the Deferred Compensation Plan [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Liabilities at fair value	7,943	6,008
Liabilities Related to the Deferred Compensation Plan [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Liabilities at fair value	7,943	6,008
Liabilities Related to the Deferred Compensation Plan [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Liabilities at fair value	0	0
Liabilities Related to the Deferred Compensation Plan [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Liabilities at fair value	$ 0	$ 0

XML

Accrued Liabilities (Tables)

6 Months Ended

Jul. 04, 2015

Payables and Accruals [Abstract]

Components of Accrued Liabilities

The components of accrued liabilities are as follows (in thousands):

	As of
	July 4, 2015		December 31,2014
Accrued payroll	$	67,180	$	73,582
Accrued warranty		25,391		24,666
Accrued taxes		5,029		11,446
Interest payable		34,729		34,727
Amount owed to seller- MSI		0		48,806
Customer reserves		57,383		39,201
Accrued other expenses		173,383		188,642
Total accrued liabilities	$	363,095	$	421,070

XML

Equity-Based Compensation - Summary of Restricted Stock Award Activity (Detail) - 6 months ended Jul. 04, 2015 - Restricted Stock Awards [Member] - $ / shares	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding at beginning of year	691,621
Shares, Granted	179,900
Shares, Released	(240,616)
Shares, Forfeited	(31,189)
Shares, Outstanding at end of period	599,716
Weighted-Average Grant Date Fair Value, Outstanding at beginning of year	$ 60.06
Weighted-Average Grant Date Fair Value, Granted	107.89
Weighted-Average Grant Date Fair Value, Released	51.81
Weighted-Average Grant Date Fair Value, Forfeited	70.62
Weighted-Average Grant Date Fair Value, Outstanding at end of period	$ 77.20

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Earnings Per Share - Computation of Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Weighted average shares:
Basic weighted average shares outstanding	50,917	50,606	50,798	50,509
Effect of dilutive securities outstanding	0	672	0	620
Diluted weighted average and equivalent shares outstanding	50,917	51,278	50,798	51,129
Basic per share amounts:
Net (loss) income	$ (76,258)	$ 27,557	$ (101,555)	$ 69,163
Basic weighted average shares outstanding	50,917	50,606	50,798	50,509
Per share amount	$ (1.50)	$ 0.54	$ (2.00)	$ 1.37
Diluted per share amounts:
Net (loss) income	$ (76,258)	$ 27,557	$ (101,555)	$ 69,163
Diluted weighted average and equivalent shares outstanding	50,917	51,278	50,798	51,129
Per share amount	$ (1.50)	$ 0.54	$ (2.00)	$ 1.35

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Costs Associated with Exit and Restructuring Activities - Rollforward of Exit and Restructuring Accruals (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		24 Months Ended	30 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014	Dec. 31, 2014	Jul. 04, 2015
Restructuring and Related Activities [Abstract]
Balance at the beginning of period	$ 8,241	$ 329	$ 6,830	$ 1,252
Charged to earnings	17,949	287	29,118	554
Cash paid	(8,496)	(114)	(3,824)	(1,304)	$ 0	$ (3,824)
Balance at the end of period	$ 17,694	$ 502	$ 17,694	$ 502	$ 6,830	$ 17,694

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Equity-Based Compensation - Weighted-Average Assumptions Used for Grants of Stock Options and SARs (Detail) - USD ($)	6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	0.00%	0.00%
Forfeiture rate	10.24%	10.32%
Risk free interest rate, minimum	0.02%	0.02%
Risk free interest rate, maximum	2.14%	2.61%
Expected weighted-average life	5 years 3 months 26 days	5 years 4 months 10 days
Fair value of SARs granted	$ 11,324,000	$ 4,211,000
Weighted-average grant date fair value of SARs granted (per underlying share)	$ 35.25	$ 25.02
Stock Option and Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Volatility	33.98%	34.92%
Risk free interest rate	1.53%	1.73%

XML

Segment Information - Additional Information (Detail)	6 Months Ended
	Jul. 04, 2015 Segment
Segment Reporting [Abstract]
Number of reportable segments	2

XML

Equity-Based Compensation - Summary of Restricted Stock Unit Activity (Detail) - Restricted Stock Units [Member]	6 Months Ended
	Jul. 04, 2015 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding at beginning of year	41,964
Shares, Granted	11,618
Shares, Released	(8,541)
Shares, Forfeited	(3,820)
Shares, Outstanding at end of period	41,221

XML

Segment Information - Segment Information by Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Net sales:
Net sales	$ 889,774	$ 288,421	$ 1,782,958	$ 576,689
Operating income (loss):
Operating income loss	(13,803)	33,065	5,971	86,473
Operating Segments [Member]
Net sales:
Net sales	894,210	288,421	1,793,027	576,689
Operating income (loss):
Operating income loss	104,862	56,419	236,206	117,706
Intersegment Eliminations [Member]
Net sales:
Net sales	(4,436)	0	(10,069)	0
Operating income (loss):
Operating income loss	(118,665)	(23,354)	(230,235)	(31,233)
Zebra Legacy [Member] | Operating Segments [Member]
Net sales:
Net sales	320,817	288,421	652,460	576,689
Operating income (loss):
Operating income loss	62,013	56,419	139,462	117,706
Enterprise Solutions [Member] | Operating Segments [Member]
Net sales:
Net sales	573,393	0	1,140,567	0
Operating income (loss):
Operating income loss	$ 42,849	$ 0	$ 96,744	$ 0

XML

Equity-Based Compensation - Summary of Stock Option Activity (Detail) - Jul. 04, 2015 - Stock Option [Member] - USD ($)	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding at beginning of year	415,960
Shares, Exercised	(171,666)
Shares, Expired	(1,550)
Shares, Outstanding at end of period	242,744
Shares, Exercisable at end of period	242,744
Weighted-Average Exercise Price, Outstanding at beginning of year	$ 40.19
Weighted-Average Exercise Price, Exercised	43.49
Weighted-Average Exercise Price, Expired	51.62
Weighted-Average Exercise Price, Outstanding at end of period	37.78
Weighted-Average Exercise Price, Exercisable at end of period	$ 37.78
Intrinsic value of exercised options	$ 8,384,000
Weighted-average remaining contractual term, Outstanding	2 years 3 months 18 days
Weighted-average remaining contractual term, Exercisable	2 years 3 months 18 days
Aggregate intrinsic value, Outstanding	$ 14,000,000
Aggregate intrinsic value, Exercisable	$ 14,000,000

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Long-Term Debt - Additional Information (Detail) - USD ($)						6 Months Ended
	Jul. 02, 2015	May. 13, 2015	Mar. 15, 2015	Oct. 27, 2014	Oct. 15, 2014	Jul. 04, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Fair value of our long-term debt						$ 3,200,000,000	$ 3,300,000,000
7.25 % Senior Notes Due 2022 [Member]
Debt Instrument [Line Items]
Private offering aggregate principal amount					$ 1,050,000,000
Interest rate on senior notes					7.25%
Effective interest rate of Senior Notes yielded					7.61%
Interest on the Senior Notes is payable description						Interest on the Senior Notes is payable in cash on April 15 and October 15 of each year.
Term Loan [Member]
Debt Instrument [Line Items]
Interest rate variable				4.75%
Term loan interest rate						4.75%
Line of credit facility, principal prepayment	$ 50,000,000	$ 30,000,000	$ 50,000,000
Principal payment made at maturity						$ 2,057,000,000
Debt instrument maturity date						Oct. 27, 2021
Quarterly principal payment beginning date						Mar. 31, 2021
Term Loan [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument [Line Items]
Quarterly principal payments						$ 2,000,000
Term Loan [Member] | Debt Instrument, Redemption, Period Two [Member]
Debt Instrument [Line Items]
Quarterly principal payments						5,500,000
Term Loan [Member] | Debt Instrument, Redemption, Period Three [Member]
Debt Instrument [Line Items]
Quarterly principal payments						5,500,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Revolving credit facility maximum borrowing capacity						250,000,000
Letters of credit						3,100,000
Funds available for other borrowings						$ 246,900,000
Revolving credit facility, maturity date						Oct. 27, 2019
Borrowings under revolving credit facility						$ 250,000,000	$ 0
Revolving credit facility interest rate						3.25%

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Segment Information

6 Months Ended

Jul. 04, 2015

Segment Reporting [Abstract]

Segment Information

Note 19 – Segment Information

Subsequent to the Acquisition, the Company has two reportable segments: Legacy Zebra (“Z”) and Enterprise (“E”). Segment assets are not reviewed by the Company’s chief operating decision maker and therefore are not disclosed below:

	Three Months Ended						Six Months Ended
	July 4, 2015			June 28, 2014			July 4, 2015			June 28, 2014
Net Sales:
Z – Net sales	$	320,817		$	288,421		$	652,460		$	576,689
E – Net sales		573,393			0			1,140,567			0
Total segment net sales		894,210			288,421			1,793,027			576,689
Corporate, eliminations (1)		(4,436	)		0			(10,069	)		0
Total	$	889,774		$	288,421		$	1,782,958		$	576,689
Operating income (loss):
Z – Operating income	$	62,013		$	56,419		$	139,462		$	117,706
E – Operating income		42,849			0			96,744			0
Total segment operating income		104,862			56,419			236,206			117,706
Corporate, eliminations (2)		(118,665	)		(23,354	)		(230,235	)		(31,233	)
Total	$	(13,803	)	$	33,065		$	5,971		$	86,473

(1) Amounts included in Corporate, eliminations consist of purchase accounting adjustments related to the Acquisition.

(2) Amounts included in Corporate, eliminations consist of purchase accounting adjustments not reported in segments; amortization expense, acquisition/ integration expense and exit and restructuring costs.

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Goodwill and Other Intangibles - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014	Dec. 31, 2014
Goodwill [Line Items]
Amortization of intangible assets	$ 63,700	$ 2,667	$ 131,289	$ 5,339
Goodwill acquired					$ 2,329,000
Minimum [Member]
Goodwill [Line Items]
Estimated useful life of Intangible Assets					1 year
Maximum [Member]
Goodwill [Line Items]
Estimated useful life of Intangible Assets					15 years
Patents and Other Intellectual Property [Member]
Goodwill [Line Items]
Acquired intangible assets					$ 1,014,000

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Recently Issued Accounting Pronouncement - Additional Information (Detail) - USD ($) $ in Millions	Jul. 04, 2015	Dec. 31, 2014
Long-Term Assets and Long-Term Debt [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Impact of accounting standard update in financial positions	$ 28.0
Long-Term Assets [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Impact of accounting standard update in financial positions		$ 29.8
Short Term Debt [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Impact of accounting standard update in financial positions		3.3
Long-Term Debt [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Impact of accounting standard update in financial positions		$ 26.5

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Equity-Based Compensation - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-tax equity-based compensation expense recognized	$ 17.5	$ 7.1
Tax related benefits recognized	$ 3.1	$ 2.4
Stock issued during period, Shares, Share-based compensation	421,733	400,538
Total unearned compensation costs related to performance share awards	$ 64.0
Total unearned compensation costs amortization period	2 years 10 months 24 days
Expected weighted-average life	5 years 3 months 26 days	5 years 4 months 10 days
Maximum [Member] | Equity-Based Compensation [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	5 years
Stock Purchase Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected weighted-average life	3 months
Stock Purchase Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected weighted-average life	1 year

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Long-Term Debt (Tables)

6 Months Ended

Jul. 04, 2015

Debt Disclosure [Abstract]

Summary of Carrying Value of Debt

The following table summarizes the carrying value of the Company’s debt (in thousands):

	As of
	July 4, 2015			December 31, 2014
Senior Notes	$	1,050,000		$	1,050,000
Term Loan		2,070,000			2,200,000
Less debt issuance costs Less unamortized discounts		(28,022 (51,617	)  )		(29,785 (59,516	)  )
Total outstanding debt		3,040,361			3,160,699
Current maturities of long-term debt Less: current portion of unamortized discounts		0 0			16,500 (8,978	)
Less: current portion of debt issuance costs		0			(3,313	)
Total short-term debt		0			4,209
Long-term debt, less current maturities	$	3,040,361		$	3,156,490

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Other Long-Term Assets - Components of Other Long-Term Assets (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Investments related to the deferred compensation plan	$ 7,943	$ 6,008
Long-term investments	30,180	31,759
Other long-term assets	26,924	22,652
Long-term trade receivable	14,159	16,985
Long-term notes receivable	14,231	14,231
Deposits	1,568	1,486
Total	$ 95,005	$ 93,121

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Derivative Instruments - Schedule of (Loss) Gain Recognized on Forward Interest Rate Swaps Not Designated in Hedge Relationship (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Derivatives And Hedging Activities [Line Items]
(Loss) gain on forward interest-rate swaps	$ (1,653)	$ (2,433)	$ 36	$ (2,433)
Forward Interest Rate Swap [Member]
Derivatives And Hedging Activities [Line Items]
(Loss) gain on forward interest-rate swaps	$ (1,653)	$ (2,433)	$ 36	$ (2,433)

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Derivative Instruments - Financial Information Related to Cash Flow Hedges of Future Revenues (Detail) - Cash Flow Hedging [Member] € in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015 USD ($)	Jun. 28, 2014 USD ($)	Jul. 04, 2015 USD ($)	Jun. 28, 2014 USD ($)	Jul. 04, 2015 EUR (€)	Dec. 31, 2014 EUR (€)
Derivative [Line Items]
Hedge effectiveness					100.00%	100.00%
Net gains (losses) included in revenue	$ 4,833	$ (957)	$ 11,268	$ (1,928)
Foreign Exchange Forward [Member]
Derivative [Line Items]
Notional balance of outstanding contracts versus the dollar | €					€ 98,120	€ 88,969

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Fair Value Measurements - Summary of Investments (Detail) $ in Thousands	Dec. 31, 2014 USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amortized Cost	$ 24,360
Gross Unrealized Gains	39
Gross Unrealized Losses	(14)
Estimated Fair Value	24,385
U.S. Government and Agency Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amortized Cost	10,720
Gross Unrealized Gains	0
Gross Unrealized Losses	0
Estimated Fair Value	10,720
Obligations of Government-Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amortized Cost	705
Gross Unrealized Gains	0
Gross Unrealized Losses	0
Estimated Fair Value	705
State and Municipal Bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amortized Cost	5,156
Gross Unrealized Gains	27
Gross Unrealized Losses	(4)
Estimated Fair Value	5,179
Corporate Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amortized Cost	7,779
Gross Unrealized Gains	12
Gross Unrealized Losses	(10)
Estimated Fair Value	$ 7,781

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Business Combinations

6 Months Ended

Jul. 04, 2015

Business Combinations [Abstract]

Business Combinations

Note 3 – Business Combinations

On October 27, 2014, the Company completed its acquisition of the Enterprise Business (“Enterprise”) from Motorola Solutions Inc. (“MSI”) for a purchase price of $3.45 billion (the “Acquisition”). This transaction positions the Company as a leading technology innovator, with the accelerating convergence of mobility, data analytics and cloud computing. It will enable the Company to further sharpen its strategic focus on providing mission-critical solutions for its customers. Certain assets and liabilities historically associated with the Enterprise business were retained by MSI, including MSI’s iDEN infrastructure business. The Acquisition was pursuant to the Master Acquisition Agreement dated April 14, 2014, as amended (the “Master Acquisition Agreement”) and was structured as a combination of stock and asset acquisitions and a merger of certain US entities, resulting in 100% ownership of Enterprise.

The Company financed the Acquisition through a combination of cash on hand and borrowings of $3.25 billion (the “Indebtedness”), including the sale of 7.25% senior notes due 2022 with an aggregate principal amount of $1.05 billion (the “Senior Notes”) and a credit agreement with various lenders that provided a term loan of $2.2 billion (the “Term Loan”) due 2021. See Note 13 Long-Term Debt. Consideration was paid in the form of cash to MSI in the amount of $3.45 billion, including working capital adjustments.

As of July 4, 2015, the allocations of the purchase price for the Acquisition have been prepared on a preliminary basis based on third-party valuations. The Company is in the process of evaluating third-party valuations related to the fair value of its tangible and intangible assets, in addition to determining and recording the tax effects of the transaction to include all assets and liabilities at fair value. Acquired goodwill represents the premium paid over the fair value of the net tangible and intangible assets acquired. The Company paid this premium for a number of reasons, including acquiring an experienced workforce and enhancing technology capabilities as further described above.

During the first half of 2015, the Company adjusted certain preliminary values. The fair value adjustments are reflected in the table below and primarily result in an increase of $2.3 million in assets and a decrease of $4.4 million in liabilities and a corresponding decrease to goodwill of $6.7 million.

Also, additional consideration of $48.8 million was paid to MSI on February 13, 2015 in relation to the opening cash balance. The impact on the Consolidated Statements of Operations relating to these fair value adjustments is not significant.

The following table summarizes the preliminary estimated fair values of the assets acquired and the liabilities assumed at the date of acquisition (in thousands):

Cash and cash equivalents	$	101,441
Accounts receivable, net (1)		437,301
Inventories, net		261,366
Deferred income taxes		113,986
Other current assets		21,905
Property and equipment		126,424
Other intangibles, net		1,014,421
Other long-term assets		49,592
Deferred revenue		(172,161	)
Tax liabilities		(9,410	)
Other current liabilities (2)		(362,535	)
Long-term deferred revenue		(102,424	)
Unrecognized tax benefits		(9,526	)
Other long-term liabilities		(24,884	)
Long-term deferred income taxes		(223,055	)
Total identifiable net assets	$	1,222,441

(1) Based on the preliminary purchase price allocations, accounts receivable estimated fair value is $437.3 million and gross contractual value is $458.3 million. The difference represents the Company’s best estimate of the contractual cash flows that will not be collected.

(2) Other current liabilities include accounts payable, customer reserves, and employee compensation and related benefits.

On a preliminary basis pending the receipt of final valuations, the purchase price was allocated to identifiable tangible and intangible assets acquired and liabilities assumed based on their estimated fair values resulting in goodwill of $2.329 billion. See Note 7 Goodwill and Other Intangibles.

Currently, the amount of goodwill is assigned to the Enterprise segment. The final assignment of goodwill to reporting units has not been completed as of the date these financial statements are issued.

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Derivative Instruments - Forward Contract Amounts Recorded in Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Dec. 31, 2014
Derivatives, Fair Value [Line Items]
Total Assets	$ 4,567	$ 9,318
Total Liabilities	677	0
Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	4,567	9,318
Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Total Liabilities	$ 677	$ 0

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Business Combinations - Additional Information (Detail) - USD ($) $ in Millions			6 Months Ended
	Feb. 13, 2015	Oct. 27, 2014	Jul. 04, 2015
Business Acquisition [Line Items]
Increase in assets			$ 2.3
Decrease in liabilities			(4.4)
Decrease in goodwill			(6.7)
Term Loan [Member]
Business Acquisition [Line Items]
Business acquisition, borrowings			2,200.0
Enterprise Business [Member]
Business Acquisition [Line Items]
Preliminary purchase price		$ 3,450.0
Ownership percentage of the Enterprise Business		100.00%
Business acquisition, borrowings			3,250.0
Business acquisition, consideration paid			3,450.0
Additional consideration paid	$ 48.8
Business acquisition goodwill amount		$ 2,329.0
Enterprise Business [Member] | Term Loan [Member]
Business Acquisition [Line Items]
Business acquisition, borrowings			$ 2,200.0
Senior notes, maturity year			2021
Enterprise Business [Member] | Senior Notes due 2022 [Member]
Business Acquisition [Line Items]
Business acquisition, borrowings			$ 1,050.0
Senior notes, maturity year			2022
Senior notes, stated interest percentage			7.25%

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Accounts Receivable (Tables)

6 Months Ended

Jul. 04, 2015

Receivables [Abstract]

Components of Accounts Receivable, Net

The components of accounts receivable, net are as follows (in thousands):

	As of
	July 4, 2015			December 31, 2014
Account receivable, gross	$	632,381		$	671,471
Accounts receivable reserves		(1,314	)		(1,069	)
Accounts receivable, net	$	631,067		$	670,402

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Fair Value Measurements (Tables)

6 Months Ended

Jul. 04, 2015

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities Carried at Fair Value

Financial assets and liabilities carried at fair value as of July 4, 2015, are classified below (in thousands):

	Level 1		Level 2		Level 3		Total
Assets:
Forward contracts (1)	$	0	$	4,567	$	0	$	4,567
Money market investments related to the deferred compensation plan		7,943		0		0		7,943
Total Assets at fair value	$	7,943	$	4,567	$	0	$	12,510
Liabilities:
Forward interest rate swap (2)	$	0	$	23,331	$	0	$	23,331
Forward contracts (1)		471		206		0		677
Liabilities related to the deferred compensation plan		7,943		0		0		7,943
Total Liabilities at fair value	$	8,414	$	23,537	$	0	$	31,951

Financial assets and liabilities carried at fair value as of December 31, 2014, are classified below (in thousands):

	Level 1		Level 2		Level 3		Total
Assets:
U.S. government and agency securities	$	10,720	$	0	$	0	$	10,720
Obligations of government-sponsored enterprises (3)		0		705		0		705
State and municipal bonds		0		5,179		0		5,179
Corporate securities		0		7,781		0		7,781
Investments subtotal		10,720		13,665		0		24,385
Forward contracts (1)		2,039		7,279		0		9,318
Money market investments related to the deferred compensation plan		6,008		0		0		6,008
Total Assets at fair value	$	18,767	$	20,944	$	0	$	39,711
Liabilities:
Forward interest rate swap (2)	$	0	$	16,718	$	0	$	16,718
Liabilities related to the deferred compensation plan		6,008		0		0		6,008
Total Liabilities at fair value	$	6,008	$	16,718	$	0	$	22,726

(1) The fair value of forward contracts is calculated as follows:

a. Fair value of a collar or put option contract associated with forecasted sales hedges is calculated using bid and ask rates for similar contracts.

b. Fair value of regular forward contracts associated with forecasted sales hedges is calculated using the period-end exchange rate adjusted for current forward points.

c. Fair value of hedges against net assets is calculated at the period end exchange rate adjusted for current forward points unless the hedge has been traded but not settled at period end. If this is the case, the fair value is calculated at the rate at which the hedge is being settled.

(2) The fair value of forward interest rate swap is based upon a valuation model that uses relevant observable market inputs at the quoted intervals, such as forward yield curves, and is adjusted for the Company’s own credit risk and the interest rate swap terms.

(3) Includes investments in notes issued by the Federal Home Loan Mortgage Corporation and the Federal Home Loan Bank.

Summary of Investments

The following is a summary of investments (in thousands):

	As of December 31, 2014
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
U.S. government and agency securities	$	10,720	$	0	$	0		$	10,720
Obligations of government-sponsored enterprises		705		0		0			705
State and municipal bonds		5,156		27		(4	)		5,179
Corporate securities		7,779		12		(10	)		7,781
Total investments	$	24,360	$	39	$	(14	)	$	24,385

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Costs Associated with Exit and Restructuring Activities - Summary of Exit and Restructuring Costs Incurred (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended	24 Months Ended		30 Months Ended	36 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014	Dec. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Jul. 04, 2015	Dec. 31, 2014
Restructuring and Related Activities [Abstract]
Severance, stay bonuses, and other employee-related expenses			$ 24,963		$ 5,991	$ 5,557	$ 6,650	$ 30,520	$ 12,641
Obligations for future lease payments	$ 8,496	$ 114	3,824	$ 1,304		0		3,824
Professional services			331		16	16	180	347	196
Relocation and transition costs					0		20		20
Total			$ 29,118		$ 6,007	$ 5,573	$ 6,850	$ 34,691	$ 12,857

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Business Combinations - Summary of Estimated Fair Value of Assets and Liabilities (Detail) - Enterprise Business [Member] $ in Thousands	Oct. 27, 2014 USD ($)
Business Acquisition [Line Items]
Cash and cash equivalents	$ 101,441
Accounts receivable, net	437,301
Inventories, net	261,366
Deferred income taxes	113,986
Other current assets	21,905
Property and equipment	126,424
Other intangibles, net	1,014,421
Other long-term assets	49,592
Deferred revenue	(172,161)
Tax liabilities	(9,410)
Other current liabilities	(362,535)
Long-term deferred revenue	(102,424)
Unrecognized tax benefits	(9,526)
Other long-term liabilities	(24,884)
Long-term deferred income taxes	(223,055)
Total identifiable net assets	$ 1,222,441

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Inventories (Tables)

6 Months Ended

Jul. 04, 2015

Inventory Disclosure [Abstract]

Components of Inventories, Net

The components of inventories, net are as follows (in thousands):

	As of
	July 4, 2015			December 31, 2014
Raw material	$	163,826		$	139,647
Work in process		476			476
Finished goods		255,756			259,872
Inventories, gross		420,058			399,995
Inventory reserves		(15,586	)		(5,819	)
Inventories, net	$	404,472		$	394,176

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Goodwill and Other Intangibles (Tables)

6 Months Ended

Jul. 04, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Other Intangibles Assets

Other intangibles, net, are as follows (in thousands):

	As of
	July 4, 2015			December 31,2014
Current technology	$	23,201		$	23,201
Trade names		40,300			40,300
Unpatented technology		280,000			280,000
Patents and patent rights		244,569			244,569
Customer relationships		532,591			532,591
Accumulated amortization		(222,657	)		(91,368	)
Other intangibles, net	$	898,004		$	1,029,293

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Recently Issued Accounting Pronouncement

6 Months Ended

Jul. 04, 2015

Accounting Changes and Error Corrections [Abstract]

Recently Issued Accounting Pronouncement

Note 2 – Recently Issued Accounting Pronouncement

In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2015-03 “Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” This guidance requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by this ASU. This standard is effective for annual periods beginning after December 15, 2015 and interim periods within those annual periods. As permitted, the Company early adopted this ASU beginning in the second quarter of calendar year 2015. The impact of this ASU reduced both long-term assets and long-term debt by $28.0 million at July 4, 2015. It also reduced long-term assets, short-term debt and long-term debt by $29.8 million, $3.3 million, and $26.5 million, respectively, at December 31, 2014. This ASU has no impact on the consolidated statements of operations or consolidated statements of cash flows.

In May 2014, the FASB issued update 2014-09, ASC 606, “Revenue from Contracts with Customers.” The core principle is that a company should recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration to which the entity expects to receive in exchange for those goods or services. The ASU is effective for annual periods beginning after December 15, 2016 and interim periods within those annual periods. In July 2015, the FASB reached a decision to defer the effective date of the new ASU until December 15, 2017. Management is still assessing the impact of adoption on its consolidated financial statements.

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Other Long-Term Assets (Tables)

6 Months Ended

Jul. 04, 2015

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Components of Other Long-Term Assets

Other long-term assets consist of the following (in thousands):

	As of
	July 4, 2015		December 31,2014
Investments related to the deferred compensation plan	$	7,943	$	6,008
Long-term investments		30,180		31,759
Other long-term assets		26,924		22,652
Long-term trade receivable		14,159		16,985
Long-term notes receivable		14,231		14,231
Deposits		1,568		1,486
Total other long-term assets	$	95,005	$	93,121

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Equity-Based Compensation - Weighted-Average Assumptions Used for Employee Purchase Rights Granted Under Stock Purchase Plan (Detail) - $ / shares	6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	0.00%	0.00%
Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair market value	$ 82.68	$ 60.06
Option price	$ 78.55	$ 57.06
Expected dividend yield	0.00%	0.00%
Expected volatility	27.00%	34.00%
Risk free interest rate	0.04%	0.06%

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Other Comprehensive (Loss) Income (Tables)

6 Months Ended

Jul. 04, 2015

Equity [Abstract]

Components of Other Comprehensive (Loss) Income (OCI)

The components of other comprehensive (loss) income (OCI) the three months ended July 4, 2015 and June 28, 2014 are as follows (in thousands):

2015	As of April 4, 2015			Balance recognized in OCI			Balance reclassified from AOCI to income			Three Months ended July 4, 2015			As of July 4, 2015
Unrealized gains (losses) on anticipated sales hedging transactions:
Gross	$	8,770		$	(969	)	$	(4,833	)(1)	$	(5,802	)	$	2,968
Income tax (benefit)		1,754			(165	)		(995	)		(1,160	)		594
Net		7,016			(804	)		(3,838	)		(4,642	)		2,374
Unrealized (losses) gains on forward interest rate swaps hedging transactions:
Gross		(23,803	)		5,115			0	(2)		5,115			(18,688	)
Income tax (benefit)		(9,053	)		1,951			0			1,951			(7,102	)
Net		(14,750	)		3,164			0			3,164			(11,586	)
Unrealized gains (losses) on investments:
Gross		77			0			0	(3)		0			77
Income tax (benefit)		(254	)		0			0			0			(254	)
Net		331			0			0			0			331
Foreign currency translation adjustment (5)		(8,233	)		576			(9,108	)(4)		(8,532	)		(16,765	)
Total accumulated other comprehensive (loss) gain	$	(15,636	)	$	2,936		$	(12,946	)	$	(10,010	)	$	(25,646	)
2014	As of March 29, 2014			Balance recognized in OCI			Balance reclassified from AOCI to income			Three Months ended June 28, 2014			As of June 28, 2014
Unrealized (losses) gains on anticipated sales hedging transactions:
Gross	$	(1,593	)	$	182		$	817	(1)	$	999		$	(594	)
Income tax (benefit)		(342	)		48			175			223			(119	)
Net		(1,251	)		134			642			776			(475	)
Unrealized gains (losses) on investments:
Gross		51			468			7	(3)		475			526
Income tax (benefit)		(19	)		122			5			127			108
Net		70			346			2			348			418
Foreign currency translation adjustment (5)		(8,006	)		(29	)		0	(4)		(29	)		(8,035	)
Total accumulated other comprehensive (loss) gain	$	(9,187	)	$	451		$	644		$	1,095		$	(8,092	)

(1) Transfers of unrealized gains and (losses) from AOCI to income on anticipated sales hedging transactions are included in net sales of tangible products.

(2) Transfers from AOCI to income and (losses) on forward interest rate swaps hedging transactions are reported in forward swaps gain.

(3) Transfers of unrealized gains and (losses) from AOCI to income on investments are included in investment income.

(4) Transfers of foreign currency translation gains and (losses) from AOCI to income, are included in foreign exchange income (loss).

(5) Unrealized foreign currency translation adjustments related to translation of foreign denominated balance sheets are not presented net of tax given that no deferred U.S. income taxes have been provided on the undistributed earnings of non-U.S. subsidiaries because they are deemed to be permanently reinvested.

The components of other comprehensive income (loss) for the six months ended July 4, 2015 and June 28, 2014 are as follows (in thousands):

2015	As of December 31, 2014			Balance recognized in OCI			Balance reclassified from AOCI to income			Six Months ended July 4, 2015			As of July 4, 2015
Unrealized gain (losses) on anticipated sales hedging transactions:
Gross	$	6,658		$	7,577		$	(11,268	)(1)	$	(3,691	)	$	2,968
Income tax (benefit)		1,332			1,543			(2,282	)		(739	)		594
Net		5,326			6,034			(8,986	)		(2,952	)		2,374
Unrealized (losses) gains on forward interest rate swaps hedging transactions:
Gross		(12,069	)		(6,619	)		0	(2)		(6,619	)		(18,688	)
Income tax (benefit)		(4,370	)		(2,732	)		0			(2,732	)		(7,102	)
Net		(7,699	)		(3,887	)		0			(3,887	)		(11,586	)
Unrealized gains (losses) on investments:
Gross		102			0			(25	)(3)		(25	)		77
Income tax (benefit)		(245	)		0			(9	)		(9	)		(254	)
Net		347			0			(16	)		(16	)		331
Foreign currency translation adjustment (5)		(6,521	)		4,164			(14,408	)(4)		(10,244	)		(16,765	)
Total accumulated other comprehensive (loss) gain	$	(8,547	)	$	6,311		$	(23,410	)	$	(17,099	)	$	(25,646	)
2014	As of December 31, 2013			Balance recognized in OCI			Balance reclassified from AOCI to income			Six months ended June 28, 2014			As of June 28, 2014
Unrealized (losses) gains on hedging transactions:
Gross	$	(2,373	)	$	(30	)	$	1,809	(1)	$	1,779		$	(594	)
Income tax (benefit)		(509	)		1			389			390			(119	)
Net		(1,864	)		(31	)		1,420			1,389			(475	)
Unrealized (losses) gains on investments:
Gross		(151	)		751			(74	)(3)		677			526
Income tax (benefit)		(73	)		201			(20	)		181			108
Net		(78	)		550			(54	)		496			418
Foreign currency translation adjustments (5)		(7,839	)		(203	)		7	(4)		(196	)		(8,035	)
Total accumulated other comprehensive (loss) gain	$	(9,781	)	$	316		$	1,373		$	1,689		$	(8,092	)

(1) Transfers of unrealized gains and (losses) from AOCI to income on anticipated sales hedging transactions are included in net sales of tangible products.

(2) Transfers from AOCI to income and (losses) on forward interest rate swaps hedging transactions are reported in forward swaps gain.

(3) Transfers of unrealized gains and (losses) from AOCI to income on investments are included in investment income.

(4) Transfers of foreign currency translation gains and (losses) from AOCI to income, are included in foreign exchange income (loss).

(5) Unrealized foreign currency translation adjustments related to translation of foreign denominated balance sheets are not presented net of tax given that no deferred U.S. income taxes have been provided on the undistributed earnings of non-U.S. subsidiaries because they are deemed to be permanently reinvested.

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Other Long-Term Assets - Additional Information (Detail) - Enterprise Business [Member]	6 Months Ended
	Jul. 04, 2015
Minimum [Member]
Other Assets Non Current [Line Items]
Percentage of interest acquired	1.70%
Maximum [Member]
Other Assets Non Current [Line Items]
Percentage of interest acquired	17.40%

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Long-Term Debt - Summary of Carrying Value of Debt (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jul. 04, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Current maturities of long-term debt	$ 0	$ 4,209
Long-term debt, less current maturities	3,040,361	3,156,490
Carry Value of Debt [Member]
Debt Instrument [Line Items]
Senior Notes	1,050,000	1,050,000
Term Loan	2,070,000	2,200,000
Less debt issuance costs	(28,022)	(29,785)
Less unamortized discounts	(51,617)	(59,516)
Total outstanding debt	3,040,361	3,160,699
Current maturities of long-term debt	0	16,500
Less: current portion of unamortized discounts	0	(8,978)
Less: current portion of debt issuance costs	0	(3,313)
Total short-term debt	0	4,209
Long-term debt, less current maturities	$ 3,040,361	$ 3,156,490

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Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 04, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 204,918	$ 393,950
Investments and marketable securities	0	24,385
Accounts receivable, net	631,067	670,402
Inventories, net	404,472	394,176
Deferred income taxes	98,993	122,772
Income tax receivable	49,366	12,988
Prepaid expenses and other current assets	67,304	53,377
Total Current assets	1,456,120	1,672,050
Property and equipment at cost, less accumulated depreciation and amortization	284,593	255,092
Goodwill	2,482,858	2,489,510
Other intangibles, net	898,004	1,029,293
Other long-term assets	95,005	93,121
Total Assets	5,216,580	5,539,066
Current liabilities:
Accounts payable	281,771	326,524
Accrued liabilities	363,095	421,070
Deferred revenue	215,458	196,213
Current portion of long-term debt	0	4,209
Income taxes payable	13,110	4,518
Total Current liabilities	873,434	952,534
Long-term debt	3,040,361	3,156,490
Long-term deferred tax liability	156,072	199,853
Long-term deferred revenue	109,089	115,847
Other long-term liabilities	86,034	74,434
Total Liabilities	4,264,990	4,499,158
Stockholders' Equity:
Preferred stock, $.01 par value; authorized 10,000 shares; none issued	0	0
Additional paid-in capital	175,582	147,090
Treasury stock at cost, 20,076 and 20,498 shares at July 4, 2015 and December 31, 2014, respectively	(632,820)	(634,664)
Retained earnings	1,433,752	1,535,307
Accumulated other comprehensive loss	(25,646)	(8,547)
Total Stockholders' Equity	951,590	1,039,908
Total Liabilities and Stockholders' Equity	5,216,580	5,539,066
Class A Common Stock [Member]
Stockholders' Equity:
Class A common stock, $.01 par value; authorized 150,000 shares; issued 72,152 shares	$ 722	$ 722

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Business Combinations - Summary of Estimated Fair Value of Assets and Liabilities (Parenthetical) (Detail) $ in Millions	Oct. 27, 2014 USD ($)
Business Combinations [Abstract]
Accounts receivable estimated fair value	$ 437.3
Gross contractual value	$ 458.3

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Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014
Cash flows from operating activities:
Net (loss) income	$ (101,555)	$ 69,163
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	161,865	18,096
Amortization of debt issuance cost and discount	9,662	0
Equity-based compensation	17,519	7,110
Excess tax benefit from equity-based compensation	(11,115)	(3,947)
Deferred income taxes	(24,513)	2,979
Unrealized (gain) loss on forward interest rate swaps	(36)	2,433
All other, net	584	49
Changes in assets and liabilities, net of businesses acquired:
Accounts receivable, net	48,081	11,359
Inventories, net	(22,755)	(5,061)
Other assets	(17,058)	2,583
Accounts payable	(43,092)	(5,336)
Accrued liabilities	730	3,535
Deferred revenue	15,684	502
Income taxes	(17,800)	4,706
Other operating activities	3,311	1,742
Net cash provided by operating activities	19,512	109,913
Cash flows from investing activities:
Purchases of property and equipment	(49,291)	(7,962)
Acquisition businesses, net of cash acquired	(48,805)	0
Proceeds from sale of long-term investments	1,748	0
Purchases of long-term investments	(168)	(1,213)
Purchases of investments and marketable securities	(739)	(276,400)
Maturities of investments and marketable securities	0	20,852
Proceeds from sales of investments and marketable securities	25,108	150,781
Net cash used in investing activities	(72,147)	(113,942)
Cash flows from financing activities:
Payment of debt	(130,000)	0
Proceeds from exercise of stock options and stock purchase plan purchases	11,538	8,686
Taxes paid related to net share settlement of equity awards	(13,290)	(975)
Excess tax benefit from equity-based compensation	11,115	3,947
Net cash (used in) provided by financing activities	(120,637)	11,658
Effect of exchange rate changes on cash	(15,760)	(107)
Net (decrease) increase in cash and cash equivalents	(189,032)	7,522
Cash and cash equivalents at beginning of period	393,950	62,827
Cash and cash equivalents at end of period	204,918	70,349
Supplemental disclosures of cash flow information:
Income taxes paid, net	21,354	7,627
Interest paid	$ 91,431	$ 0

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Derivative Instruments - Financial Information Related to Hedging of Net Assets Included in Consolidated Statements of Operations (Detail) € in Thousands, £ in Thousands, CZK in Thousands, BRL in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015 USD ($)	Jun. 28, 2014 USD ($)	Jul. 04, 2015 USD ($)	Jun. 28, 2014 USD ($)	Jul. 04, 2015 GBP (£)	Jul. 04, 2015 EUR (€)	Jul. 04, 2015 CZK	Jul. 04, 2015 BRL	Dec. 31, 2014 USD ($)	Dec. 31, 2014 GBP (£)	Dec. 31, 2014 EUR (€)	Dec. 31, 2014 CZK	Dec. 31, 2014 BRL
Derivative [Line Items]
Realized (loss) gain from foreign exchange derivatives	$ (933)	$ 516	$ 3,370	$ 541
Gain (loss) on net foreign currency assets	12,185	(473)	(19,309)	(790)
Foreign exchange gain (loss)	11,252	$ 43	(15,939)	$ (249)
Net fair value of outstanding contracts	206		206						$ 250
Foreign Exchange Forward [Member] | British Pound/US Dollar [Member]
Derivative [Line Items]
Notional balance of outstanding contracts versus the dollar | £					£ 15,882					£ 4,574
Foreign Exchange Forward [Member] | Euro/US Dollar [Member]
Derivative [Line Items]
Notional balance of outstanding contracts versus the dollar | €						€ 171,446					€ 40,218
Foreign Exchange Forward [Member] | British Pound/Euro [Member]
Derivative [Line Items]
Notional balance of outstanding contracts versus the dollar | £					£ 11,482					£ 0
Foreign Exchange Forward [Member] | US Dollar /Canadian Dollar [Member]
Derivative [Line Items]
Notional balance of outstanding contracts versus the dollar	$ 38,315		$ 38,315						$ 0
Foreign Exchange Forward [Member] | Czech Koruna /US Dollar [Member]
Derivative [Line Items]
Notional balance of outstanding contracts versus the dollar | CZK							CZK 266,579					CZK 0
Foreign Exchange Forward [Member] | Brazilian Real /US Dollar [Member]
Derivative [Line Items]
Notional balance of outstanding contracts versus the dollar | BRL								BRL 44,485					BRL 0

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Derivative Instruments (Tables)

6 Months Ended

Jul. 04, 2015

Financial Information Related to Hedging of Net Assets Included in Consolidated Statements of Operations

Summary financial information related to these activities included in the Company’s consolidated statements of operations as other (expense) income is as follows (in thousands):

	Three Months Ended						Six Months Ended
	July 4, 2015			June 28, 2014			July 4, 2015			June 28, 2014
Realized (loss) gain from foreign exchange derivatives	$	(933	)	$	516		$	3,370		$	541
Gain (loss) on net foreign currency assets		12,185			(473	)		(19,309	)		(790	)
Foreign exchange gain (loss)	$	11,252		$	43		$	(15,939	)	$	(249	)

	As of
	July 4, 2015		December 31, 2014
Notional balance of outstanding contracts (in thousands):
British pound/US dollar	£	15,882	£	4,574
Euro/US dollar	€	171,446	€	40,218
British pound/ Euro	£	11,482	£	0
US dollar /Canadian dollar	$	38,315	$	0
Czech Koruna /US dollar	Kč	266,579	Kč	0
Brazilian Real /US dollar	R$	44,485	R$	0
Net fair value of outstanding contracts	$	206	$	250

Financial Information Related to Cash Flow Hedges

Summary financial information related to the cash flow hedges within comprehensive income is as follows (in thousands):

	Three Months Ended					Six Months Ended
	July 4, 2015			June 28, 2014		July 4, 2015			June 28, 2014
Change in unrealized (losses) gains on anticipated sales hedging:
Gross	$	(5,802	)	$	999	$	(3,691	)	$	1,779
Income tax expense (benefit)		(1,160	)		223		(739	)		390
Net	$	(4,642	)	$	776	$	(2,952	)	$	1,389

Financial Information Related to Cash Flow Hedges of Future Revenues

Summary financial information related to the cash flow hedges of future revenues is as follows (in thousands, except percentages):

	As of
	July 4, 2015			December 31, 2014
Notional balance of outstanding contracts versus the dollar	€	98,120		€	88,969
Hedge effectiveness		100	%		100	%

	Three Months Ended					Six Months Ended
	July 4, 2015		June 28, 2014			July 4, 2015		June 28, 2014
Net gains (losses) included in revenue	$	4,833	$	(957	)	$	11,268	$	(1,928	)

Forward Contract Amounts Recorded in Consolidated Balance Sheet

The amounts recorded on the consolidated balance sheets are as follows (in thousands):

	As of
	July 4, 2015		December 31, 2014
Assets:
Prepaid expenses and other current assets	$	4,567	$	9,318
Total	$	4,567	$	9,318
Liabilities:
Accrued liabilities	$	677	$	0
Total	$	677	$	0

Schedule of Gross and Net Amount Offset

The gross and net amounts offset at July 4, 2015 were as follows (in thousands):

	Gross Fair Value		Counterparty Offsetting		Net Fair Value in the Consolidated Balance Sheets
Counterparty A	$	8,435	$	3,622	$	4,813
Counterparty B		3,194		839		2,355
Counterparty C		3,328		917		2,411
Counterparty D		6,216		1,775		4,441
Counterparty E		3,167		837		2,330
Counterparty F		3,136		829		2,307
Counterparty G		4,674		0		4,674
Total	$	32,150	$	8,819	$	23,331

Schedule of Series of Forward Starting Swaps Each with a Term of One Year

The New Swaps have the following notional amounts per year (in thousands):

Year 2015	$	1,010,000
Year 2016		697,000
Year 2017		544,000
Year 2018		544,000
Year 2019		272,000
Year 2020		272,000
Notional balance of outstanding contracts	$	3,339,000

Forward Interest Rate Swap [Member]

Forward Contract Amounts Recorded in Consolidated Balance Sheet

The location of the forward interest rate swaps designated in a hedge relationship is as follows (in thousands):

	As of
	July 4, 2015			December 31, 2014
Other long-term liabilities	$	8,819		$	2,170
Hedge effectiveness		100	%		100	%

Schedule of Volume of New Swaps Designated in Hedge Relationship

The volume of the New Swaps designated in a hedge relationship is as follows (in thousands):

	As of
	July 4, 2015		December 31, 2014
Notional balance of outstanding contracts	$	3,339,000	$	3,339,000

Schedule of Gain (Loss) Recognized on Forward Interest Rate Swaps Not Designated in Hedge Relationship

The (loss) gain recognized on the forward interest rate swaps not designated in a hedge relationship is as follows (in thousands):

	Three Months Ended						Six Months Ended
	July 4, 2015			June 28, 2014			July 4, 2015		June 28, 2014
(Loss) gain on forward interest-rate swaps	$	(1,653	)	$	(2,433	)	$	36	$	(2,433	)

Schedule of Gain (Loss) Recognized in Other Comprehensive Income (Loss) on Forward Interest Rate Swaps Designated in Hedging Relationship

The (loss) gain recognized in other comprehensive income (loss) on the forward interest rate swaps designated in a hedging relationship is as follows (in thousands):

	Three Months Ended				Six Months Ended
	July 4, 2015		June 28, 2014		July 4, 2015			June 28, 2014
Change in unrealized gains (losses) on forward interest rate swap hedging:
Gross	$	5,115	$	0	$	(6,619	)	$	0
Income tax expense (benefit)		1,951		0		(2,732	)		0
Net	$	3,164	$	0	$	(3,887	)	$	0

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Derivative Instruments - Schedule of Volume of New Swaps Designated in Hedge Relationship (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Dec. 31, 2014
Derivatives And Hedging Activities [Line Items]
Notional balance of outstanding contracts	$ 3,339,000
Forward Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]
Derivatives And Hedging Activities [Line Items]
Notional balance of outstanding contracts	$ 3,339,000	$ 3,339,000

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Equity-Based Compensation

6 Months Ended

Jul. 04, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Equity-Based Compensation

Note 16 – Equity-Based Compensation

The Company has an equity-based compensation plan and an employee stock purchase plan under which shares of the Company’s common stock are available for future grants and sales. The Company recognizes compensation costs using the straight-line method over the vesting period upon grant of up to five years.

Pre-tax equity-based compensation expense recognized in the statements of operations was $17.5 million and $7.1 million for the six month periods ended July 4, 2015 and June 28, 2014, respectively. Tax related benefits of $3.1 million and $2.4 million were also recognized for the six-month periods ended July 4, 2015 and June 28, 2014, respectively.

The Company issued 421,733 and 400,538 shares in connection with equity-based compensation and employee stock purchase programs during the six months ended July 4, 2015 and June 28, 2014 respectively.

The fair value of equity-based compensation is estimated on the date of grant using a binomial model. Volatility is based on an average of the implied volatility in the open market and the annualized volatility of the Company’s stock prices over its entire stock history. Stock option grants in the table below include both stock options, all of which were non-qualified, and stock appreciation rights (SARs) that will be settled in the Company stock or cash. Restricted stock grants are valued at the market closing price on the grant date. The following table shows the weighted-average assumptions used for grants of SARs as well as the fair value of the grants based on those assumptions:

	Six Months Ended
	July 4, 2015			June 28, 2014
Expected dividend yield		0	%		0	%
Forfeiture rate		10.24	%		10.32	%
Volatility		33.98	%		34.92	%
Risk free interest rate		1.53	%		1.73	%
Range of interest rates		0.02% - 2.14	%		0.02% - 2.61	%
Expected weighted-average life		5.32 years			5.36 years
Fair value of SARs granted	$	11,324,000		$	4,211,000
Weighted-average grant date fair value of SARs granted (per underlying share)	$	35.25		$	25.02

Stock option activity was as follows:

	Six Months Ended July 4, 2015
Options	Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at beginning of year		415,960		$	40.19
Exercised		(171,666	)		43.49
Expired		(1,550	)		51.62
Outstanding at end of period		242,744			37.78		2.3 Years	$	14.0 million
Exercisable at end of period		242,744			37.78		2.3 Years	$	14.0 million
Intrinsic value of exercised options	$	8,384,000

SARs activity was as follows:

	Six Months Ended July 4, 2015
SARs	Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at beginning of year		1,292,142		$	42.20
Granted		321,244			108.05
Exercised		(156,366	)		40.76
Forfeited		(13,032	)		61.72
Outstanding at end of period		1,443,988			56.83		7.3 years	$	59.7 million
Exercisable at end of period		755,871			35.91		5.8 years	$	44.9 million
Intrinsic value of exercised SARs	$	9,684,000

Restricted stock award activity was as follows:

	Six Months Ended July 4, 2015
Restricted Stock Awards	Shares			Weighted-Average Grant Date Fair Value
Outstanding at beginning of year		691,621		$	60.06
Granted		179,900			107.89
Released		(240,616	)		51.81
Forfeited		(31,189	)		70.62
Outstanding at end of period		599,716			77.20

Performance share award activity was as follows:

	Six Months Ended July 4, 2015
Performance Share Awards	Shares			Weighted-Average Grant Date Fair Value
Outstanding at beginning of year		374,180		$	61.38
Granted		111,235			75.93
Released		(120,000	)		38.67
Forfeited		(20,804	)		72.98
Outstanding at end of period		344,611			73.48

Restricted stock unit activity was as follows:

	Six Months Ended July 4, 2015
Restricted Stock Units	Shares
Outstanding at beginning of year		41,964
Granted		11,618
Released		(8,541	)
Forfeited		(3,820	)
Outstanding at end of period		41,221

Performance stock unit activity was as follows:

	Six Months Ended July 4, 2015
Performance Stock Units	Shares
Outstanding at beginning of year		10,345
Granted		283
Forfeited		(1,272	)
Outstanding at end of period		9,356

As of July 4, 2015 total unearned compensation costs related to the Company’s equity based compensation plans was $64.0 million which will be amortized over the weighted average remaining service period of 2.9 years.

The fair value of the purchase rights issued to the Company’s employees under the stock purchase plan is estimated using the following weighted-average assumptions for purchase rights granted. Expected lives of three months to one year have been used along with these assumptions.

	Six Months Ended
	July 4, 2015			June 28, 2014
Fair market value	$	82.68		$	60.06
Option price	$	78.55		$	57.06
Expected dividend yield		0	%		0	%
Expected volatility		27	%		34	%
Risk free interest rate		0.04	%		0.06	%

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Warranty (Tables)

6 Months Ended

Jul. 04, 2015

Guarantees [Abstract]

Summary of Accrued Warranty Obligation

The following table is a summary of the Company’s accrued warranty obligation (in thousands):

	Six Months Ended
	July 4, 2015			June 28, 2014
Balance at the beginning of period	$	24,666		$	4,125
Warranty expense		16,126			3,648
Warranty payments		(15,401	)		(3,587	)
Balance at the end of period	$	25,391		$	4,186

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Other Comprehensive (Loss) Income

6 Months Ended

Jul. 04, 2015

Equity [Abstract]

Other Comprehensive (Loss) Income

Note 18 – Other Comprehensive (Loss) Income

Stockholders’ equity includes certain items classified as accumulated other comprehensive (loss) income (AOCI), including:

• Unrealized gains (losses) on anticipated sales hedging transactions relate to derivative instruments used to hedge the currency exchange rates for forecasted euro sales. These hedges are designated as cash flow hedges, and the Company defers income statement recognition of gains and losses until the hedged transaction occurs. See Note 11 Derivative Instruments for more details.

• Unrealized gains (losses) on forward interest rate swaps hedging transactions refer to the hedging of the interest rate risk associated with the variable rate commitment entered into for the Acquisition. See Note 11 Derivative Instruments for more details.

• Unrealized gains (losses) on investments are deferred from Statement of Operations recognition until the gains or losses are realized.

• Foreign currency translation adjustment relates to the Company’s non-U.S. subsidiary companies that have designated a functional currency other than the U.S. dollar. The Company is required to translate the subsidiary functional currency financial statements to dollars using a combination of historical, period-end, and average foreign exchange rates. This combination of rates creates the foreign currency translation adjustment component of other comprehensive income.

The components of other comprehensive (loss) income (OCI) the three months ended July 4, 2015 and June 28, 2014 are as follows (in thousands):

2015	As of April 4, 2015			Balance recognized in OCI			Balance reclassified from AOCI to income			Three Months ended July 4, 2015			As of July 4, 2015
Unrealized gains (losses) on anticipated sales hedging transactions:
Gross	$	8,770		$	(969	)	$	(4,833	)(1)	$	(5,802	)	$	2,968
Income tax (benefit)		1,754			(165	)		(995	)		(1,160	)		594
Net		7,016			(804	)		(3,838	)		(4,642	)		2,374
Unrealized (losses) gains on forward interest rate swaps hedging transactions:
Gross		(23,803	)		5,115			0	(2)		5,115			(18,688	)
Income tax (benefit)		(9,053	)		1,951			0			1,951			(7,102	)
Net		(14,750	)		3,164			0			3,164			(11,586	)
Unrealized gains (losses) on investments:
Gross		77			0			0	(3)		0			77
Income tax (benefit)		(254	)		0			0			0			(254	)
Net		331			0			0			0			331
Foreign currency translation adjustment (5)		(8,233	)		576			(9,108	)(4)		(8,532	)		(16,765	)
Total accumulated other comprehensive (loss) gain	$	(15,636	)	$	2,936		$	(12,946	)	$	(10,010	)	$	(25,646	)
2014	As of March 29, 2014			Balance recognized in OCI			Balance reclassified from AOCI to income			Three Months ended June 28, 2014			As of June 28, 2014
Unrealized (losses) gains on anticipated sales hedging transactions:
Gross	$	(1,593	)	$	182		$	817	(1)	$	999		$	(594	)
Income tax (benefit)		(342	)		48			175			223			(119	)
Net		(1,251	)		134			642			776			(475	)
Unrealized gains (losses) on investments:
Gross		51			468			7	(3)		475			526
Income tax (benefit)		(19	)		122			5			127			108
Net		70			346			2			348			418
Foreign currency translation adjustment (5)		(8,006	)		(29	)		0	(4)		(29	)		(8,035	)
Total accumulated other comprehensive (loss) gain	$	(9,187	)	$	451		$	644		$	1,095		$	(8,092	)

(1) Transfers of unrealized gains and (losses) from AOCI to income on anticipated sales hedging transactions are included in net sales of tangible products.

(2) Transfers from AOCI to income and (losses) on forward interest rate swaps hedging transactions are reported in forward swaps gain.

(3) Transfers of unrealized gains and (losses) from AOCI to income on investments are included in investment income.

(4) Transfers of foreign currency translation gains and (losses) from AOCI to income, are included in foreign exchange income (loss).

(5) Unrealized foreign currency translation adjustments related to translation of foreign denominated balance sheets are not presented net of tax given that no deferred U.S. income taxes have been provided on the undistributed earnings of non-U.S. subsidiaries because they are deemed to be permanently reinvested.

The components of other comprehensive income (loss) for the six months ended July 4, 2015 and June 28, 2014 are as follows (in thousands):

2015	As of December 31, 2014			Balance recognized in OCI			Balance reclassified from AOCI to income			Six Months ended July 4, 2015			As of July 4, 2015
Unrealized gain (losses) on anticipated sales hedging transactions:
Gross	$	6,658		$	7,577		$	(11,268	)(1)	$	(3,691	)	$	2,968
Income tax (benefit)		1,332			1,543			(2,282	)		(739	)		594
Net		5,326			6,034			(8,986	)		(2,952	)		2,374
Unrealized (losses) gains on forward interest rate swaps hedging transactions:
Gross		(12,069	)		(6,619	)		0	(2)		(6,619	)		(18,688	)
Income tax (benefit)		(4,370	)		(2,732	)		0			(2,732	)		(7,102	)
Net		(7,699	)		(3,887	)		0			(3,887	)		(11,586	)
Unrealized gains (losses) on investments:
Gross		102			0			(25	)(3)		(25	)		77
Income tax (benefit)		(245	)		0			(9	)		(9	)		(254	)
Net		347			0			(16	)		(16	)		331
Foreign currency translation adjustment (5)		(6,521	)		4,164			(14,408	)(4)		(10,244	)		(16,765	)
Total accumulated other comprehensive (loss) gain	$	(8,547	)	$	6,311		$	(23,410	)	$	(17,099	)	$	(25,646	)
2014	As of December 31, 2013			Balance recognized in OCI			Balance reclassified from AOCI to income			Six months ended June 28, 2014			As of June 28, 2014
Unrealized (losses) gains on hedging transactions:
Gross	$	(2,373	)	$	(30	)	$	1,809	(1)	$	1,779		$	(594	)
Income tax (benefit)		(509	)		1			389			390			(119	)
Net		(1,864	)		(31	)		1,420			1,389			(475	)
Unrealized (losses) gains on investments:
Gross		(151	)		751			(74	)(3)		677			526
Income tax (benefit)		(73	)		201			(20	)		181			108
Net		(78	)		550			(54	)		496			418
Foreign currency translation adjustments (5)		(7,839	)		(203	)		7	(4)		(196	)		(8,035	)
Total accumulated other comprehensive (loss) gain	$	(9,781	)	$	316		$	1,373		$	1,689		$	(8,092	)

(1) Transfers of unrealized gains and (losses) from AOCI to income on anticipated sales hedging transactions are included in net sales of tangible products.

(2) Transfers from AOCI to income and (losses) on forward interest rate swaps hedging transactions are reported in forward swaps gain.

(3) Transfers of unrealized gains and (losses) from AOCI to income on investments are included in investment income.

(4) Transfers of foreign currency translation gains and (losses) from AOCI to income, are included in foreign exchange income (loss).

(5) Unrealized foreign currency translation adjustments related to translation of foreign denominated balance sheets are not presented net of tax given that no deferred U.S. income taxes have been provided on the undistributed earnings of non-U.S. subsidiaries because they are deemed to be permanently reinvested.

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Derivative Instruments - Schedule of (Loss) Gain Recognized in Other Comprehensive Income (Loss) on Forward Interest Rate Swaps Designated in Hedging Relationship (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Apr. 04, 2015	Dec. 31, 2014	Jun. 28, 2014	Mar. 29, 2014	Dec. 31, 2013
Derivatives And Hedging Activities [Line Items]
Change in unrealized gains (losses) on forward interest rate swap hedging, Net	$ (25,646)	$ (15,636)	$ (8,547)	$ (8,092)	$ (9,187)	$ (9,781)
Forward Interest Rate Swap [Member]
Derivatives And Hedging Activities [Line Items]
Change in unrealized gains (losses) on forward interest rate swap hedging, Gross	(6,619)	(23,803)	(12,069)	0
Change in unrealized gains (losses) on forward interest rate swap hedging, Income tax expense (benefit)	(2,732)	(9,053)	(4,370)	0
Change in unrealized gains (losses) on forward interest rate swap hedging, Net	$ (3,887)	$ (14,750)	$ (7,699)	$ 0

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Basis of Presentation

6 Months Ended

Jul. 04, 2015

Accounting Policies [Abstract]

Basis of Presentation

Note 1 – Basis of Presentation

Management prepared these unaudited interim consolidated financial statements for Zebra Technologies Corporation and subsidiaries (the “Company”) according to the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial information and notes. These financial statements do not include all of the information and footnotes required by United States generally accepted accounting principles (“GAAP”) for complete financial statements, although management believes that the disclosures are adequate to make the information presented not misleading. Therefore, these consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes included in the Annual Report on Form 10-K for the fiscal year ended December 31, 2014.

In the opinion of the Company, these interim financial statements include all adjustments (of a normal, recurring nature) necessary to present fairly its consolidated balance sheet as of July 4, 2015, the consolidated statements of operations and consolidated statements of comprehensive (loss) income for the three and six months ended July 4, 2015 and June 28, 2014, and the consolidated statements of cash flows for the six months ended July 4, 2015 and June 28, 2014. These results, however, are not necessarily indicative of the results expected for the full year.

Reclassifications: Prior-period amounts differ from amounts previously reported because certain immaterial amounts in the prior year’s financial statements have been reclassified to conform to the current year’s presentation.

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Consolidated Balance Sheets (Parenthetical) - $ / shares	Jul. 04, 2015	Dec. 31, 2014
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Treasury stock, shares	20,076,000	20,498,000
Class A Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	72,152,000	72,152,000

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Derivative Instruments

6 Months Ended

Jul. 04, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments

Note 11 – Derivative Instruments

The Company conducts business on a multinational basis in a wide variety of foreign currencies; as such, the Company manages these risks using derivative financial instruments. The exposure to market risk for changes in foreign currency exchange rates arises from cross-border financing activities between subsidiaries and foreign currency denominated monetary assets and liabilities. The objective is to preserve the economic value of non-functional currency denominated cash flows. Therefore, the goal is to hedge transaction exposures with natural offsets to the fullest extent possible and, once these opportunities have been exhausted, through foreign exchange forward and option contracts with third parties.

The Company entered into a credit agreement which provides for a term loan of $2.2 billion (“Term Loan”) and a revolving credit facility of $250.0 million (“Revolving Credit Facility”). See Note 13 Long-Term Debt. As such, the Company has exposure to market risk for changes in interest expense calculated off of variable interest rates on the term facility that was used to fund the Acquisition. The Company entered into forward interest rate swaps to hedge a portion of the interest rate risk associated with the Term Loan.

The fair value of the forward starting interest rate swap contracts is estimated using market quoted forward interest rates for the London Interbank Offered Rate (“LIBOR”) at the balance sheet date and the application of such rates subject to the interest rate swap terms. In accordance with ASC 815, “Derivative and Hedging," the Company recognizes derivative instruments as either assets or liabilities on the balance sheet and measures them at fair value. Gains and losses resulting from changes in fair value are accounted for depending on the use of the derivative and whether it is designated as and qualifies for hedge accounting. The Company’s master netting and other similar arrangements with the respective counterparties allow for net settlement under certain conditions, which are designed to reduce credit risk by permitting net settlement with the same counterparty.

Credit and Market Risk

Financial instruments, including derivatives, expose the Company to counterparty credit risk for nonperformance and to market risk related to interest and currency exchange rates. The Company manages its exposure to counterparty credit risk through specific minimum credit standards, diversification of counterparties, and procedures to monitor concentrations of credit risk. Its counterparties in derivative transactions are commercial banks with significant experience using derivative instruments. The Company monitors the impact of market risk on the fair value and cash flows of its derivative and other financial instruments considering reasonably possible changes in interest rates and currency exchange rates and restricts the use of derivative financial instruments to hedging activities. The Company continually monitors the creditworthiness of its customers to which it grants credit terms in the normal course of business. The terms and conditions of the Company’s credit sales are designed to mitigate or eliminate concentrations of credit risk with any single customer.

Fair Value of Derivative Instruments

The Company has determined that derivative instruments for hedges that have traded but have not settled are considered Level 1 in the fair value hierarchy, and hedges that have not traded are considered Level 2 in the fair value hierarchy. Derivative instruments are used to manage risk and are not used for trading or other speculative purposes, nor does the Company use leveraged derivative financial instruments. The foreign currency exchange contracts are valued using broker quotations or market transactions, in either the listed or over-the-counter markets.

Hedging of Net Assets

The Company uses forward contracts to manage exposure related to its British pound, Canadian dollar, Czech Koruna, Brazilian Real and Euro denominated net assets. Forward contracts typically mature within three months after execution of the contracts. The Company records gains and losses on these contracts and options in income each quarter along with the transaction gains and losses related to its net asset positions, which would ordinarily offset each other.

Summary financial information related to these activities included in the Company’s consolidated statements of operations as other (expense) income is as follows (in thousands):

	Three Months Ended						Six Months Ended
	July 4, 2015			June 28, 2014			July 4, 2015			June 28, 2014
Realized (loss) gain from foreign exchange derivatives	$	(933	)	$	516		$	3,370		$	541
Gain (loss) on net foreign currency assets		12,185			(473	)		(19,309	)		(790	)
Foreign exchange gain (loss)	$	11,252		$	43		$	(15,939	)	$	(249	)

	As of
	July 4, 2015		December 31, 2014
Notional balance of outstanding contracts (in thousands):
British pound/US dollar	£	15,882	£	4,574
Euro/US dollar	€	171,446	€	40,218
British pound/ Euro	£	11,482	£	0
US dollar /Canadian dollar	$	38,315	$	0
Czech Koruna /US dollar	Kč	266,579	Kč	0
Brazilian Real /US dollar	R$	44,485	R$	0
Net fair value of outstanding contracts	$	206	$	250

Hedging of Anticipated Sales

The Company manages the exchange rate risk of anticipated Euro denominated sales using purchased collar or put options, forward contracts, and participating forwards. The Company designates these contracts as cash flow hedges which mature within twelve months after the execution of the contracts. Gains and losses on these contracts are deferred in other comprehensive income until the contracts are settled and the hedged sales are realized. The deferred gains or losses will then be reported as an increase or decrease to sales.

Summary financial information related to the cash flow hedges within comprehensive income is as follows (in thousands):

	Three Months Ended					Six Months Ended
	July 4, 2015			June 28, 2014		July 4, 2015			June 28, 2014
Change in unrealized (losses) gains on anticipated sales hedging:
Gross	$	(5,802	)	$	999	$	(3,691	)	$	1,779
Income tax expense (benefit)		(1,160	)		223		(739	)		390
Net	$	(4,642	)	$	776	$	(2,952	)	$	1,389

Summary financial information related to the cash flow hedges of future revenues is as follows (in thousands, except percentages):

	As of
	July 4, 2015			December 31, 2014
Notional balance of outstanding contracts versus the dollar	€	98,120		€	88,969
Hedge effectiveness		100	%		100	%

	Three Months Ended					Six Months Ended
	July 4, 2015		June 28, 2014			July 4, 2015		June 28, 2014
Net gains (losses) included in revenue	$	4,833	$	(957	)	$	11,268	$	(1,928	)

Forward Contracts

The Company records its forward contracts at fair value on its consolidated balance sheets as a current asset or liability, depending upon the fair value calculation as detailed in Note 4 Fair Value Measurements. The amounts recorded on the consolidated balance sheets are as follows (in thousands):

	As of
	July 4, 2015		December 31, 2014
Assets:
Prepaid expenses and other current assets	$	4,567	$	9,318
Total	$	4,567	$	9,318
Liabilities:
Accrued liabilities	$	677	$	0
Total	$	677	$	0

Forward Interest Rate Swaps

The forward interest rate swaps hedge the interest rate risk associated with the variable interest payments on the Company’s Term Loan that was used to fund the Acquisition.

In June 2014, the Company entered into a commitment letter for a new variable rate credit facility to fund the Acquisition and also entered into two tranches of floating-to-fixed forward interest rate swaps (“Original Swaps”). These Original Swaps were used to economically hedge interest rate risk associated with the variable rate commitment until July 30, 2014, and as such, changes in their fair value were recognized in earnings in other expense (income). Effective July 30, 2014, the Original Swaps were designated as cash flow hedges of interest rate exposure associated with variability in future cash flows on the variable rate commitment. On October 27, 2014, the variable rate commitment was funded and the Company entered into a Term Loan that accrues interest at a variable rate of LIBOR (subject to a floor of 0.75% per annum) plus a margin of 4.0%. On October 30, 2014, the Company discontinued hedge accounting for the Original Swaps due to the syndication of the Original Swaps to a group of commercial banks (“Syndicated Swaps”), which resulted in their termination. The changes in fair value of the Original Swaps between July 30, 2014 and their termination were included in other comprehensive (loss) income, and any ineffectiveness was insignificant. The amounts included in other comprehensive (loss) income will be amortized to earnings in other expense (income) as the interest payments under the Term Loan affect earnings. The Syndicated Swaps were not designated as hedges and the changes in fair value are recognized in earnings in other expense (income).

On November 20, 2014, the Company entered into additional floating-to-fixed forward starting interest rate swaps (“New Swaps”) and designated these as cash flow hedges of interest rate exposure associated with variability in future cash flows on its Term Loan. To offset the impact to earnings of the changes in fair value of the Syndicated Swaps, the Company also entered into fixed-to-floating forward starting interest rate swaps (“Offsetting Swaps”), which were not designated in a hedging relationship and the changes in the fair value are recognized in earnings in other income (expense). Changes in fair value of the New Swaps that are designated as cash flow hedges and are effective at offsetting variability in the future cash flows on the Company’s Term Loan are recognized in other comprehensive (loss) income. Ineffectiveness is immediately recognized in earnings.

The location of the forward interest rate swaps designated in a hedge relationship is as follows (in thousands):

	As of
	July 4, 2015			December 31, 2014
Other long-term liabilities	$	8,819		$	2,170
Hedge effectiveness		100	%		100	%

The forward interest rate swaps not designated in a hedging relationship are recorded in a net liability position of $14.5 million as of July 4, 2015 and December 31, 2014 in the Consolidated Balance Sheets.

The gross and net amounts offset at July 4, 2015 were as follows (in thousands):

	Gross Fair Value		Counterparty Offsetting		Net Fair Value in the Consolidated Balance Sheets
Counterparty A	$	8,435	$	3,622	$	4,813
Counterparty B		3,194		839		2,355
Counterparty C		3,328		917		2,411
Counterparty D		6,216		1,775		4,441
Counterparty E		3,167		837		2,330
Counterparty F		3,136		829		2,307
Counterparty G		4,674		0		4,674
Total	$	32,150	$	8,819	$	23,331

The volume of the New Swaps designated in a hedge relationship is as follows (in thousands):

	As of
	July 4, 2015		December 31, 2014
Notional balance of outstanding contracts	$	3,339,000	$	3,339,000

The New Swaps, each with a term of one year, are designated as cash flow hedges of interest rate exposure associated with variability in future cash flows on the Term Loan. The notional amount of the designated New Swaps effective in each year of the cash flow hedge relationships does not exceed the principal amount of the Term Loan which is hedged. The New Swaps have the following notional amounts per year (in thousands):

Year 2015	$	1,010,000
Year 2016		697,000
Year 2017		544,000
Year 2018		544,000
Year 2019		272,000
Year 2020		272,000
Notional balance of outstanding contracts	$	3,339,000

The (loss) gain recognized on the forward interest rate swaps not designated in a hedge relationship is as follows (in thousands):

	Three Months Ended						Six Months Ended
	July 4, 2015			June 28, 2014			July 4, 2015		June 28, 2014
(Loss) gain on forward interest-rate swaps	$	(1,653	)	$	(2,433	)	$	36	$	(2,433	)

The (loss) gain recognized in other comprehensive income (loss) on the forward interest rate swaps designated in a hedging relationship is as follows (in thousands):

	Three Months Ended				Six Months Ended
	July 4, 2015		June 28, 2014		July 4, 2015			June 28, 2014
Change in unrealized gains (losses) on forward interest rate swap hedging:
Gross	$	5,115	$	0	$	(6,619	)	$	0
Income tax expense (benefit)		1,951		0		(2,732	)		0
Net	$	3,164	$	0	$	(3,887	)	$	0

No significant gain (loss) was reclassified from accumulated other comprehensive (loss) income into interest expense on the forward interest rate swaps designated in a hedging relationship during the three and six month periods ended July 4, 2015 and June 28, 2014.

At July 4, 2015, the Company expects that approximately $7.8 million in losses on the forward interest rate swaps designated in a hedging relationship will be reclassified from accumulated other comprehensive loss into earnings during the next four quarters.

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Document and Entity Information - shares	6 Months Ended
	Jul. 04, 2015	Jul. 31, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jul. 04, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Trading Symbol	ZBRA
Entity Registrant Name	ZEBRA TECHNOLOGIES CORP
Entity Central Index Key	0000877212
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		52,073,884

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Warranty

6 Months Ended

Jul. 04, 2015

Guarantees [Abstract]

Warranty

Note 12 – Warranty

In general, the Company provides warranty coverage of one year on mobile computing products and WLAN products. Advanced data capture products are warranted from one to five years, depending on the product. Printers are warranted for one year against defects in material and workmanship. Thermal printheads are warranted for six months and batteries are warranted for one year. Battery-based products, such as location tags, are covered by a ninety-day warranty. A provision for warranty expense is recorded at the time of sale and is adjusted quarterly based on historical warranty experience.

The following table is a summary of the Company’s accrued warranty obligation (in thousands):

	Six Months Ended
	July 4, 2015			June 28, 2014
Balance at the beginning of period	$	24,666		$	4,125
Warranty expense		16,126			3,648
Warranty payments		(15,401	)		(3,587	)
Balance at the end of period	$	25,391		$	4,186

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Equity-Based Compensation - Summary of Performance Share Award Activity (Detail) - 6 months ended Jul. 04, 2015 - Performance Share Awards [Member] - $ / shares	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding at beginning of year	374,180
Shares, Granted	111,235
Shares, Released	(120,000)
Shares, Forfeited	(20,804)
Shares, Outstanding at end of period	344,611
Weighted-Average Grant Date Fair Value, Outstanding at beginning of year	$ 61.38
Weighted-Average Grant Date Fair Value, Granted	75.93
Weighted-Average Grant Date Fair Value, Released	38.67
Weighted-Average Grant Date Fair Value, Forfeited	72.98
Weighted-Average Grant Date Fair Value, Outstanding at end of period	$ 73.48

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Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Net sales:
Net sales of tangible products	$ 761,935	$ 270,049	$ 1,517,257	$ 531,941
Revenue from services and software	127,839	18,372	265,701	44,748
Total Net sales	889,774	288,421	1,782,958	576,689
Cost of sales:
Cost of sales of tangible products	407,012	136,962	792,382	267,411
Cost of services and software	89,884	9,290	188,176	19,171
Total Cost of sales	496,896	146,252	980,558	286,582
Gross profit	392,878	142,169	802,400	290,107
Operating expenses:
Selling and marketing	125,120	35,755	247,226	71,171
Research and development	99,087	23,710	195,504	46,567
General and administrative	69,659	26,321	135,795	54,712
Amortization of intangible assets	63,700	2,667	131,289	5,339
Acquisition and integration costs	31,166	20,364	57,497	25,291
Exit and restructuring costs	17,949	287	29,118	554
Total Operating expenses	406,681	109,104	796,429	203,634
Operating (loss) income	(13,803)	33,065	5,971	86,473
Other (expense) income:
Investment income	1,575	379	1,378	800
Foreign exchange income (loss)	11,252	43	(15,939)	(249)
Forward interest rate swaps (loss) gain	(1,653)	(2,433)	36	(2,433)
Interest expense	(49,331)	0	(100,296)	0
Other, net	(707)	(57)	(1,980)	(49)
Total Other (expenses)	(38,864)	(2,068)	(116,801)	(1,931)
(Loss) income before income taxes	(52,667)	30,997	(110,830)	84,542
Income tax expense (benefit)	23,591	3,440	(9,275)	15,379
Net (loss) income	$ (76,258)	$ 27,557	$ (101,555)	$ 69,163
Basic (loss) earnings per share	$ (1.50)	$ 0.54	$ (2.00)	$ 1.37
Diluted (loss) earnings per share	$ (1.50)	$ 0.54	$ (2.00)	$ 1.35
Basic weighted average shares outstanding	50,917	50,606	50,798	50,509
Diluted weighted average and equivalent shares outstanding	50,917	51,278	50,798	51,129

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Inventories

6 Months Ended

Jul. 04, 2015

Inventory Disclosure [Abstract]

Inventories

Note 6 – Inventories

The components of inventories, net are as follows (in thousands):

	As of
	July 4, 2015			December 31, 2014
Raw material	$	163,826		$	139,647
Work in process		476			476
Finished goods		255,756			259,872
Inventories, gross		420,058			399,995
Inventory reserves		(15,586	)		(5,819	)
Inventories, net	$	404,472		$	394,176

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Accounts Receivable

6 Months Ended

Jul. 04, 2015

Receivables [Abstract]

Accounts Receivable

Note 5 – Accounts Receivable

The components of accounts receivable, net are as follows (in thousands):

	As of
	July 4, 2015			December 31, 2014
Account receivable, gross	$	632,381		$	671,471
Accounts receivable reserves		(1,314	)		(1,069	)
Accounts receivable, net	$	631,067		$	670,402

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Income Taxes

6 Months Ended

Jul. 04, 2015

Income Tax Disclosure [Abstract]

Income Taxes

Note 17 – Income Taxes

The Company recognized a tax benefit of $9.3 million for the six-months ended July 4, 2015 compared to a tax expense of $15.4 million for the corresponding period in the prior year. The Company’s effective tax rates were 8.4% and 18.2% as of July 4, 2015 and June 28, 2014, respectively. The Company’s effective tax rate was lower than the federal statutory rate of 35% primarily due to pre-tax losses in the United States in excess of pre-tax income in various non-US jurisdictions, which was offset by the corporate structure realignment. The Company’s effective tax rate in 2014 benefited from lower taxes on income in various non-US jurisdictions.

Since the date of the Enterprise acquisition, the Company has been executing its integration plan for the Enterprise business (the “Integration Plan”). The Company anticipates completing the Integration Plan as soon as practicable and expects that the Integration Plan will allow the combined businesses to achieve further synergies and cost savings associated with the acquisition. As part of the Integration Plan, the Company began realigning certain acquired assets of the Enterprise business with and into the Company’s corporate structure and business model. The realignment resulted in a discrete charge of approximately $31.6 million in the second quarter of 2015.

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Long-Term Debt

6 Months Ended

Jul. 04, 2015

Debt Disclosure [Abstract]

Long-Term Debt

Note 13 – Long-Term Debt

Private Offering

On October 15, 2014, the Company completed a private offering of $1.05 billion aggregate principal of 7.25% Senior Notes due October 15, 2022. The Senior Notes yielded an effective interest rate of 7.61% at issuance. The Senior Notes are governed by the terms of an indenture, dated as of October 15, 2014, by and among the Company and U.S. Bank National Association, as Trustee. Interest on the Senior Notes is payable in cash on April 15 and October 15 of each year.

The Indenture covering the Senior Notes contains certain various restrictive and affirmative covenants. In addition, the Senior Notes are guaranteed jointly and severally, on a senior and unsecured basis by the Company’s direct and indirect wholly-owned existing and future domestic restricted subsidiaries, subject to certain exceptions.

Credit Facilities

Borrowings under the Term Loan bear interest at a variable rate plus an applicable margin, subject to an all-in floor of 4.75%. As of July 4, 2015, the Term Loan interest rate was 4.75%. Interest payments are payable quarterly. The Company has entered into interest rate swaps to manage interest rate risk on its long-term debt. See Note 11 Derivative Instruments.

The credit agreement requires the Company to prepay the Term Loan and Revolving Credit Facility, under certain circumstances or transactions defined in the credit agreement. Also, the Company may make optional prepayments of the Term Loans, in whole or in part, without premium or penalty. The Company made such optional principal prepayments of $50.0 million, $30.0 million and $50.0 million on March 15, 2015, May 13, 2015 and July 2 2015, respectively. Unless satisfied by further optional prepayments, the Company is required to make scheduled principal payments of $2.0 million on March 31, 2021, $5.5 million on June 30, 2021, and $5.5 million on September 30, 2021, with the balance of $2.057 billion due on October 27, 2021.

The Revolving Credit Facility is available for working capital and other general corporate purposes including letters of credit. The amount (including letters of credit) shall not exceed $250.0 million. As of July 4, 2015, the Company had established letters of credit amounting to $3.1 million, which reduced funds available for other borrowings under the agreement to $246.9 million. The Revolving Credit Facility will mature and the commitments thereunder will terminate on October 27, 2019.

Borrowings under the Revolving Credit Facility bear interest at a variable rate plus an applicable margin. As of July 4, 2015, the Revolving Credit Facility interest rate was 3.25%. Interest payments are payable quarterly. As of July 4, 2015 and December 31 2014, the Company did not have any borrowings against the Revolving Credit Facility.

The Credit Facilities contains various restrictive and affirmative covenants and are collateralized by a security interest in substantially all of the Company’s assets as defined in the security agreement and guaranteed by its direct and indirect wholly-owned existing and future domestic restricted subsidiaries, subject to certain exceptions.

The following table summarizes the carrying value of the Company’s debt (in thousands):

	As of
	July 4, 2015			December 31, 2014
Senior Notes	$	1,050,000		$	1,050,000
Term Loan		2,070,000			2,200,000
Less debt issuance costs Less unamortized discounts		(28,022 (51,617	)  )		(29,785 (59,516	)  )
Total outstanding debt		3,040,361			3,160,699
Current maturities of long-term debt Less: current portion of unamortized discounts		0 0			16,500 (8,978	)
Less: current portion of debt issuance costs		0			(3,313	)
Total short-term debt		0			4,209
Long-term debt, less current maturities	$	3,040,361		$	3,156,490

The estimated fair value of the Company’s long-term debt approximated $3.2 billion at July 4, 2015 and $3.3 billion at December 31, 2014. These fair value amounts represent the estimated value at which the Company’s lenders could trade its debt within the financial markets and does not represent the settlement value of these long-term debt liabilities to the Company. The fair value of the long-term debt will continue to vary each period based on fluctuations in market interest rates, as well as changes to the Company’s credit ratings. This methodology resulted in a Level 2 classification in the fair value hierarchy.

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Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Income Tax Disclosure [Abstract]
Effective tax rate			8.40%	18.20%
Income tax expense (benefit)	$ 23,591	$ 3,440	$ (9,275)	$ 15,379
Statutory tax rate			35.00%
Business realignment charges	$ 31,600

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Accrued Liabilities

6 Months Ended

Jul. 04, 2015

Payables and Accruals [Abstract]

Accrued Liabilities

Note 9 – Accrued Liabilities

The components of accrued liabilities are as follows (in thousands):

	As of
	July 4, 2015		December 31,2014
Accrued payroll	$	67,180	$	73,582
Accrued warranty		25,391		24,666
Accrued taxes		5,029		11,446
Interest payable		34,729		34,727
Amount owed to seller- MSI		0		48,806
Customer reserves		57,383		39,201
Accrued other expenses		173,383		188,642
Total accrued liabilities	$	363,095	$	421,070

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Derivative Instruments - Financial Information Related to Cash Flow Hedges (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Derivative [Line Items]
Change in unrealized (losses) gains on anticipated sales hedging, Net	$ (4,642)	$ 776	$ (2,952)	$ 1,389
Cash Flow Hedging [Member]
Derivative [Line Items]
Change in unrealized (losses) gains on anticipated sales hedging, Gross	(5,802)	999	(3,691)	1,779
Change in unrealized (losses) gains on anticipated sales hedging, Income tax expense (benefit)	(1,160)	223	(739)	390
Change in unrealized (losses) gains on anticipated sales hedging, Net	$ (4,642)	$ 776	$ (2,952)	$ 1,389

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Goodwill and Other Intangibles

6 Months Ended

Jul. 04, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangibles

Note 7 – Goodwill and Other Intangibles

In 2014, the Company acquired intangible assets in the amount of $1.014 billion for developed technology, customer relationships and trade names associated with the Acquisition. These intangible assets have a estimated useful lives ranging from one to fifteen years. See Note 3 Business Combinations for specific information regarding the Acquisition.

Other intangibles, net, are as follows (in thousands):

	As of
	July 4, 2015			December 31,2014
Current technology	$	23,201		$	23,201
Trade names		40,300			40,300
Unpatented technology		280,000			280,000
Patents and patent rights		244,569			244,569
Customer relationships		532,591			532,591
Accumulated amortization		(222,657	)		(91,368	)
Other intangibles, net	$	898,004		$	1,029,293

Amortization of intangibles assets was $131.3 million and $5.3 million for the six months ended July 4, 2015 and June 28, 2014, respectively.

In 2014, the Company acquired goodwill in the amount of $2.329 billion. See Note 3 Business Combinations for specific information regarding the Acquisition.

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Other Long-Term Assets

6 Months Ended

Jul. 04, 2015

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Long-Term Assets

Note 8 – Other Long-Term Assets

Other long-term assets consist of the following (in thousands):

	As of
	July 4, 2015		December 31,2014
Investments related to the deferred compensation plan	$	7,943	$	6,008
Long-term investments		30,180		31,759
Other long-term assets		26,924		22,652
Long-term trade receivable		14,159		16,985
Long-term notes receivable		14,231		14,231
Deposits		1,568		1,486
Total other long-term assets	$	95,005	$	93,121

The long-term investments are primarily in venture-capital backed technology companies, and the Company’s ownership interest is between 1.7% to 17.4%.

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Costs Associated with Exit and Restructuring Activities

6 Months Ended

Jul. 04, 2015

Restructuring and Related Activities [Abstract]

Costs Associated with Exit and Restructuring Activities

Note 10 – Costs Associated with Exit and Restructuring Activities

Total restructuring and related charges of $34.7 million life to date specific to the Acquisition have been recorded through July 4, 2015: $6.9 million in the Legacy Zebra segment and $27.8 million in the Enterprise segment related to organizational design changes.

During the first six months of 2015, the Company incurred exit and restructuring costs specific to the Acquisition as follows (in thousands):

Type of Cost	Cost incurred through December 31, 2014		Costs incurred for the six months ended July 4, 2015		Total costs incurred as of July 4, 2015
Severance, stay bonuses, and other employee-related expenses	$	5,557	$	24,963	$	30,520
Obligations for future lease payments		0		3,824		3,824
Professional services		16		331		347
Total	$	5,573	$	29,118	$	34,691

Exit and restructuring charges for the three and six month periods ended July 4, 2015 were $5.3 million and $6.9 million for the Legacy Zebra segment and $12.6 million and $22.2 million for the Enterprise segment, respectively. The Company expects additional charges related to the Acquisition through the end of 2016.

As of December 31, 2014, the Company incurred the following exit and restructuring costs related to 2014 organization design changes, Location Solutions business management structure and manufacturing operations relocation and restructuring (in thousands):

Type of Cost	Cost incurred through December 31, 2013		Costs incurred for the twelve months ended December 31, 2014		Total costs incurred as of December 31, 2014
Severance, stay bonuses, and other employee-related expenses	$	6,650	$	5,991	$	12,641
Professional services		180		16		196
Relocation and transition costs		20		0		20
Total	$	6,850	$	6,007	$	12,857

A rollforward of the exit and restructuring accruals is as follows (in thousands):

	Three Months Ended July 4, 2015			Three Months Ended June 28, 2014			Six Months Ended July 4, 2015			Six Months Ended June 28, 2014
Balance at the beginning of period	$	8,241		$	329		$	6,830		$	1,252
Charged to earnings		17,949			287			29,118			554
Cash paid		(8,496	)		(114	)		(18,254	)		(1,304	)
Balance at the end of period	$	17,694		$	502		$	17,694		$	502

Liabilities related to exit and restructuring activities are included in accrued liabilities and other long-term liabilities. Payments of the related, long-term liabilities will be completed by August 2019.

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Derivative Instruments - Schedule of Gross and Net Amount Offset (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Dec. 31, 2014
Derivatives And Hedging Activities [Line Items]
Gross Fair Value	$ 677	$ 0
Balance Sheet Offsetting [Member]
Derivatives And Hedging Activities [Line Items]
Gross Fair Value	32,150
Counterparty Offsetting	8,819
Net Fair Value in the Consolidated Balance Sheets	23,331
Balance Sheet Offsetting [Member] | Counterparty A [Member]
Derivatives And Hedging Activities [Line Items]
Gross Fair Value	8,435
Counterparty Offsetting	3,622
Net Fair Value in the Consolidated Balance Sheets	4,813
Balance Sheet Offsetting [Member] | Counterparty B [Member]
Derivatives And Hedging Activities [Line Items]
Gross Fair Value	3,194
Counterparty Offsetting	839
Net Fair Value in the Consolidated Balance Sheets	2,355
Balance Sheet Offsetting [Member] | Counterparty C [Member]
Derivatives And Hedging Activities [Line Items]
Gross Fair Value	3,328
Counterparty Offsetting	917
Net Fair Value in the Consolidated Balance Sheets	2,411
Balance Sheet Offsetting [Member] | Counterparty D Member
Derivatives And Hedging Activities [Line Items]
Gross Fair Value	6,216
Counterparty Offsetting	1,775
Net Fair Value in the Consolidated Balance Sheets	4,441
Balance Sheet Offsetting [Member] | Counterparty E Member
Derivatives And Hedging Activities [Line Items]
Gross Fair Value	3,167
Counterparty Offsetting	837
Net Fair Value in the Consolidated Balance Sheets	2,330
Balance Sheet Offsetting [Member] | Counterparty F Member
Derivatives And Hedging Activities [Line Items]
Gross Fair Value	3,136
Counterparty Offsetting	829
Net Fair Value in the Consolidated Balance Sheets	2,307
Balance Sheet Offsetting [Member] | Counterparty G Member
Derivatives And Hedging Activities [Line Items]
Gross Fair Value	4,674
Counterparty Offsetting	0
Net Fair Value in the Consolidated Balance Sheets	$ 4,674

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Other Comprehensive (Loss) Income - Components of Other Comprehensive (Loss) Income (OCI) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014	Apr. 04, 2015	Dec. 31, 2014	Mar. 29, 2014	Dec. 31, 2013
Other Comprehensive Income Loss [Line Items]
Foreign currency translation adjustment	$ (16,765)	$ (8,035)	$ (16,765)	$ (8,035)	$ (8,233)	$ (6,521)	$ (8,006)	$ (7,839)
Unrealized gains (losses) on investments, Gross (Balance recognized in OCI)	0	468	0	751
Unrealized gains (losses) on investments, Income tax (benefit) (Balance recognized in OCI)	0	122	0	201
Unrealized gains (losses) on investments, Net (Balance recognized in OCI)	0	346	0	550
Foreign currency translation adjustment (Balance recognized in OCI)	576	(29)	4,164	(203)
Total accumulated other comprehensive gain (loss)(Balance recognized in OCI)	2,936	451	6,311	316
Unrealized gains (losses) on investments, Gross (Balance reclassified from AOCI to income)	0	7	(25)	(74)
Unrealized gains (losses) on investments, Income tax (benefit) (Balance reclassified from AOCI to income)	0	5	(9)	(20)
Unrealized gains (losses) on investments, Net (Balance reclassified from AOCI to income)	0	2	(16)	(54)
Foreign currency translation adjustment (Balance reclassified from AOCI to income)	(9,108)	0	(14,408)	7
Total accumulated other comprehensive gain (loss) (Balance reclassified from AOCI to income)	(12,946)	644	(23,410)	1,373
Unrealized gains (losses) on hedging transactions, Net (Subtotal)	(4,642)	776	(2,952)	1,389
Unrealized gains (losses) on investments, Gross (Subtotal)	0	475	(25)	677
Unrealized gains (losses) on investments, Income tax (benefit) (Subtotal)	0	127	(9)	181
Unrealized gains (losses) on investments, Net (Subtotal)	0	348	(16)	496
Foreign currency translation adjustment (Subtotal)	(8,532)	(29)	(10,244)	(196)
Total accumulated other comprehensive gain (loss)(Subtotal)	(10,010)	1,095	(17,099)	1,689
Change in unrealized gains (losses) on forward interest rate swap hedging, Net	(25,646)	(8,092)	(25,646)	(8,092)	(15,636)	(8,547)	(9,187)	(9,781)
Investments [Member]
Other Comprehensive Income Loss [Line Items]
Unrealized gains (losses) on hedging transactions, Gross	77	526	77	526	77	102	51	(151)
Unrealized gains (losses) on hedging transactions, Income tax (benefit)	(254)	108	(254)	108	(254)	(245)	(19)	(73)
Change in unrealized gains (losses) on forward interest rate swap hedging, Net	331	418	331	418	331	347	70	(78)
Anticipated Sales [Member]
Other Comprehensive Income Loss [Line Items]
Unrealized gains (losses) on hedging transactions, Gross (Balance recognized in OCI)	(969)	182	7,577	(30)
Unrealized gains (losses) on hedging transactions, Income tax (benefit) (Balance recognized in OCI)	(165)	48	1,543	1
Unrealized gains (losses) on hedging transactions, Net (Balance recognized in OCI)	(804)	134	6,034	(31)
Unrealized gains (losses) on hedging transactions, Gross (Balance reclassified from AOCI to income)	(4,833)	817	(11,268)	1,809
Unrealized gains (losses) on hedging transactions, Income tax (benefit) (Balance reclassified from AOCI to income)	(995)	175	(2,282)	389
Unrealized gains (losses) on hedging transactions, Net (Balance reclassified from AOCI to income)	(3,838)	642	(8,986)	1,420
Unrealized gains (losses) on hedging transactions, Gross (Subtotal)	(5,802)	999	(3,691)	1,779
Unrealized gains losses on hedging transactions, Income tax (benefit) (Subtotal)	(1,160)	223	(739)	390
Unrealized gains (losses) on hedging transactions, Net (Subtotal)	(4,642)	776	(2,952)	1,389
Unrealized gains (losses) on hedging transactions, Gross	2,968	(594)	2,968	(594)	8,770	6,658	(1,593)	(2,373)
Unrealized gains (losses) on hedging transactions, Income tax (benefit)	594	(119)	594	(119)	1,754	1,332	(342)	(509)
Change in unrealized gains (losses) on forward interest rate swap hedging, Net	2,374	(475)	2,374	(475)	7,016	5,326	$ (1,251)	$ (1,864)
Forward Interest Rate Swap [Member]
Other Comprehensive Income Loss [Line Items]
Unrealized gains (losses) on hedging transactions, Gross (Balance recognized in OCI)	5,115		(6,619)
Unrealized gains (losses) on hedging transactions, Income tax (benefit) (Balance recognized in OCI)	1,951		(2,732)
Unrealized gains (losses) on hedging transactions, Net (Balance recognized in OCI)	3,164		(3,887)
Unrealized gains (losses) on hedging transactions, Gross (Balance reclassified from AOCI to income)	0		0
Unrealized gains (losses) on hedging transactions, Income tax (benefit) (Balance reclassified from AOCI to income)	0		0
Unrealized gains (losses) on hedging transactions, Net (Balance reclassified from AOCI to income)	0		0
Unrealized gains (losses) on hedging transactions, Gross (Subtotal)	5,115		(6,619)
Unrealized gains losses on hedging transactions, Income tax (benefit) (Subtotal)	1,951		(2,732)
Unrealized gains (losses) on hedging transactions, Net (Subtotal)	3,164		(3,887)
Unrealized gains (losses) on hedging transactions, Gross	(6,619)	0	(6,619)	0	(23,803)	(12,069)
Unrealized gains (losses) on hedging transactions, Income tax (benefit)	(2,732)	0	(2,732)	0	(9,053)	(4,370)
Change in unrealized gains (losses) on forward interest rate swap hedging, Net	$ (3,887)	$ 0	$ (3,887)	$ 0	$ (14,750)	$ (7,699)

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Derivative Instruments - Schedule of Series of Forward Starting Swaps Each with a Term of One Year (Detail) $ in Thousands	Jul. 04, 2015 USD ($)
Derivatives And Hedging Activities [Line Items]
Notional balance of outstanding contracts	$ 3,339,000
Year 2015 [Member]
Derivatives And Hedging Activities [Line Items]
Notional balance of outstanding contracts	1,010,000
Year 2016 [Member]
Derivatives And Hedging Activities [Line Items]
Notional balance of outstanding contracts	697,000
Year 2017 [Member]
Derivatives And Hedging Activities [Line Items]
Notional balance of outstanding contracts	544,000
Year 2018 [Member]
Derivatives And Hedging Activities [Line Items]
Notional balance of outstanding contracts	544,000
Year 2019 [Member]
Derivatives And Hedging Activities [Line Items]
Notional balance of outstanding contracts	272,000
Year 2020 [Member]
Derivatives And Hedging Activities [Line Items]
Notional balance of outstanding contracts	$ 272,000

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Derivative Instruments - Schedule of Location of Forward Interest Rate Swaps Designated in Hedge Relationship (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Dec. 31, 2014
Derivatives And Hedging Activities [Line Items]
Other long-term liabilities	$ 86,034	$ 74,434
Forward Interest Rate Swap [Member]
Derivatives And Hedging Activities [Line Items]
Other long-term liabilities	$ 8,819	$ 2,170
Hedge effectiveness	100.00%	100.00%

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Costs Associated with Exit and Restructuring Activities (Tables)

6 Months Ended

Jul. 04, 2015

Restructuring and Related Activities [Abstract]

Summary of Exit and Restructuring Costs Incurred

During the first six months of 2015, the Company incurred exit and restructuring costs specific to the Acquisition as follows (in thousands):

Type of Cost	Cost incurred through December 31, 2014		Costs incurred for the six months ended July 4, 2015		Total costs incurred as of July 4, 2015
Severance, stay bonuses, and other employee-related expenses	$	5,557	$	24,963	$	30,520
Obligations for future lease payments		0		3,824		3,824
Professional services		16		331		347
Total	$	5,573	$	29,118	$	34,691

As of December 31, 2014, the Company incurred the following exit and restructuring costs related to 2014 organization design changes, Location Solutions business management structure and manufacturing operations relocation and restructuring (in thousands):

Type of Cost	Cost incurred through December 31, 2013		Costs incurred for the twelve months ended December 31, 2014		Total costs incurred as of December 31, 2014
Severance, stay bonuses, and other employee-related expenses	$	6,650	$	5,991	$	12,641
Professional services		180		16		196
Relocation and transition costs		20		0		20
Total	$	6,850	$	6,007	$	12,857

Rollforward of Exit and Restructuring Accruals

A rollforward of the exit and restructuring accruals is as follows (in thousands):

	Three Months Ended July 4, 2015			Three Months Ended June 28, 2014			Six Months Ended July 4, 2015			Six Months Ended June 28, 2014
Balance at the beginning of period	$	8,241		$	329		$	6,830		$	1,252
Charged to earnings		17,949			287			29,118			554
Cash paid		(8,496	)		(114	)		(18,254	)		(1,304	)
Balance at the end of period	$	17,694		$	502		$	17,694		$	502

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Goodwill and Other Intangibles - Summary of Other Intangibles Assets (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Accumulated amortization	$ (222,657)	$ (91,368)
Other intangibles, net	898,004	1,029,293
Current Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Gross amount	23,201	23,201
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross amount	40,300	40,300
Unpatented Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Gross amount	280,000	280,000
Patent and Patent Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Gross amount	244,569	244,569
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross amount	$ 532,591	$ 532,591

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Earnings per Share

6 Months Ended

Jul. 04, 2015

Earnings Per Share [Abstract]

Earnings per Share

Note 15 – Earnings per Share

Earnings per share were computed as follows (in thousands, except per share amounts):

	Three Months Ended					Six Months Ended
	July 4, 2015			June 28, 2014		July 4, 2015			June 28, 2014
Weighted average shares:
Basic weighted average shares outstanding		50,917			50,606		50,798			50,509
Effect of dilutive securities outstanding		0			672		0			620
Diluted weighted average and equivalent shares outstanding		50,917			51,278		50,798			51,129
Basic per share amounts:
Net (loss) income	$	(76,258	)	$	27,557	$	(101,555	)	$	69,163
Basic weighted average shares outstanding		50,917			50,606		50,798			50,509
Per share amount	$	(1.50	)	$	0.54	$	(2.00	)	$	1.37
Diluted per share amounts:
Net (loss) income	$	(76,258	)	$	27,557	$	(101,555	)	$	69,163
Diluted weighted average and equivalent shares outstanding		50,917			51,278		50,798			51,129
Per share amount	$	(1.50	)	$	0.54	$	(2.00	)	$	1.35

Potentially dilutive securities consist primarily of stock appreciation rights (SARs) with an exercise price greater than the average market closing price of the Class A common stock. Due to a net loss for the second quarter and first half of 2015, restricted stock and warrants were anti-dilutive and therefore excluded from the earnings per share calculation. These excluded shares are as follows:

	Three Months Ended				Six Months Ended
	July 4, 2015		June 28, 2014		July 4, 2015		June 28, 2014
Potentially dilutive shares		1,152,000		166,000		1,018,000		166,000

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Recently Issued Accounting Pronouncement (Policies)

6 Months Ended

Jul. 04, 2015

Accounting Changes and Error Corrections [Abstract]

Recently Issued Accounting Pronouncement

Recently Issued Accounting Pronouncement

In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2015-03 “Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” This guidance requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by this ASU. This standard is effective for annual periods beginning after December 15, 2015 and interim periods within those annual periods. As permitted, the Company early adopted this ASU beginning in the second quarter of calendar year 2015. The impact of this ASU reduced both long-term assets and long-term debt by $28.0 million at July 4, 2015. It also reduced long-term assets, short-term debt and long-term debt by $29.8 million, $3.3 million, and $26.5 million, respectively, at December 31, 2014. This ASU has no impact on the consolidated statements of operations or consolidated statements of cash flows.

In May 2014, the FASB issued update 2014-09, ASC 606, “Revenue from Contracts with Customers.” The core principle is that a company should recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration to which the entity expects to receive in exchange for those goods or services. The ASU is effective for annual periods beginning after December 15, 2016 and interim periods within those annual periods. In July 2015, the FASB reached a decision to defer the effective date of the new ASU until December 15, 2017. Management is still assessing the impact of adoption on its consolidated financial statements.

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Inventories - Components of Inventories, Net (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Raw material	$ 163,826	$ 139,647
Work in process	476	476
Finished goods	255,756	259,872
Inventories, gross	420,058	399,995
Inventory reserves	(15,586)	(5,819)
Inventories, net	$ 404,472	$ 394,176

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Segment Information (Tables)

6 Months Ended

Jul. 04, 2015

Segment Reporting [Abstract]

Segment Information by Reportable Segments

Subsequent to the Acquisition, the Company has two reportable segments: Legacy Zebra (“Z”) and Enterprise (“E”). Segment assets are not reviewed by the Company’s chief operating decision maker and therefore are not disclosed below:

	Three Months Ended						Six Months Ended
	July 4, 2015			June 28, 2014			July 4, 2015			June 28, 2014
Net Sales:
Z – Net sales	$	320,817		$	288,421		$	652,460		$	576,689
E – Net sales		573,393			0			1,140,567			0
Total segment net sales		894,210			288,421			1,793,027			576,689
Corporate, eliminations (1)		(4,436	)		0			(10,069	)		0
Total	$	889,774		$	288,421		$	1,782,958		$	576,689
Operating income (loss):
Z – Operating income	$	62,013		$	56,419		$	139,462		$	117,706
E – Operating income		42,849			0			96,744			0
Total segment operating income		104,862			56,419			236,206			117,706
Corporate, eliminations (2)		(118,665	)		(23,354	)		(230,235	)		(31,233	)
Total	$	(13,803	)	$	33,065		$	5,971		$	86,473

(1) Amounts included in Corporate, eliminations consist of purchase accounting adjustments related to the Acquisition.

(2) Amounts included in Corporate, eliminations consist of purchase accounting adjustments not reported in segments; amortization expense, acquisition/ integration expense and exit and restructuring costs.

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Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (76,258)	$ 27,557	$ (101,555)	$ 69,163
Other comprehensive (loss) income, net of tax:
Unrealized (loss) gain on anticipated sales hedging transactions	(4,642)	776	(2,952)	1,389
Unrealized gain (loss) on forward interest rate swaps hedging transactions	3,164	0	(3,887)	0
Unrealized holding (loss) gain on investments	0	348	(16)	496
Foreign currency translation adjustment	(8,532)	(29)	(10,244)	(196)
Comprehensive (loss) income	$ (86,268)	$ 28,652	$ (118,654)	$ 70,852

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Fair Value Measurements

6 Months Ended

Jul. 04, 2015

Fair Value Disclosures [Abstract]

Fair Value Measurements

Note 4 – Fair Value Measurements

Financial assets and liabilities are to be measured using inputs from three levels of the fair value hierarchy in accordance with ASC Topic 820, "Fair Value Measurements". Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into the following three broad levels:

Level 1: Quoted prices in active markets that are accessible at the measurement date for identical assets or liabilities. The fair value hierarchy gives the highest priority to Level 1 inputs.

Level 2: Observable prices that are based on inputs not quoted on active markets but corroborated by market data.

Level 3: Unobservable inputs are used when little or no market data is available. The fair value hierarchy gives the lowest priority to Level 3 inputs.

In determining fair value, the Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible. In addition, the Company considers counterparty credit risk in the assessment of fair value.

Financial assets and liabilities carried at fair value as of July 4, 2015, are classified below (in thousands):

	Level 1		Level 2		Level 3		Total
Assets:
Forward contracts (1)	$	0	$	4,567	$	0	$	4,567
Money market investments related to the deferred compensation plan		7,943		0		0		7,943
Total Assets at fair value	$	7,943	$	4,567	$	0	$	12,510
Liabilities:
Forward interest rate swap (2)	$	0	$	23,331	$	0	$	23,331
Forward contracts (1)		471		206		0		677
Liabilities related to the deferred compensation plan		7,943		0		0		7,943
Total Liabilities at fair value	$	8,414	$	23,537	$	0	$	31,951

Financial assets and liabilities carried at fair value as of December 31, 2014, are classified below (in thousands):

	Level 1		Level 2		Level 3		Total
Assets:
U.S. government and agency securities	$	10,720	$	0	$	0	$	10,720
Obligations of government-sponsored enterprises (3)		0		705		0		705
State and municipal bonds		0		5,179		0		5,179
Corporate securities		0		7,781		0		7,781
Investments subtotal		10,720		13,665		0		24,385
Forward contracts (1)		2,039		7,279		0		9,318
Money market investments related to the deferred compensation plan		6,008		0		0		6,008
Total Assets at fair value	$	18,767	$	20,944	$	0	$	39,711
Liabilities:
Forward interest rate swap (2)	$	0	$	16,718	$	0	$	16,718
Liabilities related to the deferred compensation plan		6,008		0		0		6,008
Total Liabilities at fair value	$	6,008	$	16,718	$	0	$	22,726

(1) The fair value of forward contracts is calculated as follows:

a. Fair value of a collar or put option contract associated with forecasted sales hedges is calculated using bid and ask rates for similar contracts.

b. Fair value of regular forward contracts associated with forecasted sales hedges is calculated using the period-end exchange rate adjusted for current forward points.

c. Fair value of hedges against net assets is calculated at the period end exchange rate adjusted for current forward points unless the hedge has been traded but not settled at period end. If this is the case, the fair value is calculated at the rate at which the hedge is being settled.

(2) The fair value of forward interest rate swap is based upon a valuation model that uses relevant observable market inputs at the quoted intervals, such as forward yield curves, and is adjusted for the Company’s own credit risk and the interest rate swap terms.

(3) Includes investments in notes issued by the Federal Home Loan Mortgage Corporation and the Federal Home Loan Bank.

The following is a summary of investments (in thousands):

	As of December 31, 2014
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
U.S. government and agency securities	$	10,720	$	0	$	0		$	10,720
Obligations of government-sponsored enterprises		705		0		0			705
State and municipal bonds		5,156		27		(4	)		5,179
Corporate securities		7,779		12		(10	)		7,781
Total investments	$	24,360	$	39	$	(14	)	$	24,385

The carrying value for the Company’s financial instruments are classified as current assets (other than short-term investments) and current liabilities approximate fair value due to their short maturities.

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Derivative Instruments - Additional Information (Detail)		1 Months Ended	3 Months Ended		6 Months Ended
	Oct. 27, 2014	Jun. 30, 2014 Tranches	Jul. 04, 2015 USD ($)	Jun. 28, 2014 USD ($)	Jul. 04, 2015 USD ($)	Jun. 28, 2014 USD ($)	Dec. 31, 2014 USD ($)
Derivatives And Hedging Activities [Line Items]
Number of tranches | Tranches		2
Net liability position of derivatives			$ 14,500,000		$ 14,500,000
Gain (loss) on accumulated other comprehensive income			0	$ 0	0	$ 0
Losses on the forward interest rate swaps designated in a hedging relationship expected to be reclassified from accumulated other comprehensive loss into earnings during the next 12 months.			7,800,000		7,800,000
Term Loan [Member]
Derivatives And Hedging Activities [Line Items]
Term loan			2,200,000,000		$ 2,200,000,000
Interest rate description					Term Loan that accrues interest at a variable rate of LIBOR (subject to a floor of 0.75% per annum) plus a margin of 4.0%.
Interest rate variable	4.75%
Revolving Credit Facility [Member]
Derivatives And Hedging Activities [Line Items]
Credit facility amount			$ 250,000,000		$ 250,000,000		$ 0
Floor Rate [Member] | Term Loan [Member]
Derivatives And Hedging Activities [Line Items]
Interest rate variable	0.75%
Margin Rate [Member] | Term Loan [Member]
Derivatives And Hedging Activities [Line Items]
Interest rate variable	4.00%

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Equity-Based Compensation - Summary of Performance Stock Unit Activity (Detail) - Performance Stock Units [Member]	6 Months Ended
	Jul. 04, 2015 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding at beginning of year	10,345
Shares, Granted	283
Shares, Forfeited	(1,272)
Shares, Outstanding at end of period	9,356

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Warranty - Additional Information (Detail)	6 Months Ended
	Jul. 04, 2015
Mobile Computing Products [Member]
Product Warranty Liability [Line Items]
Product warranty period	1 year
WLAN Products [Member]
Product Warranty Liability [Line Items]
Product warranty period	1 year
Printers [Member]
Product Warranty Liability [Line Items]
Product warranty period	1 year
Thermal Printheads [Member]
Product Warranty Liability [Line Items]
Product warranty period	6 months
Batteries [Member]
Product Warranty Liability [Line Items]
Product warranty period	1 year
Battery Based Products [Member]
Product Warranty Liability [Line Items]
Product warranty period	90 days
Minimum [Member] | Advanced Data Capture Products [Member]
Product Warranty Liability [Line Items]
Product warranty period	1 year
Maximum [Member] | Advanced Data Capture Products [Member]
Product Warranty Liability [Line Items]
Product warranty period	5 years

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Business Combinations (Tables)

6 Months Ended

Jul. 04, 2015

Business Combinations [Abstract]

Summary of Estimated Fair Value of Assets and Liabilities

The following table summarizes the preliminary estimated fair values of the assets acquired and the liabilities assumed at the date of acquisition (in thousands):

Cash and cash equivalents	$	101,441
Accounts receivable, net (1)		437,301
Inventories, net		261,366
Deferred income taxes		113,986
Other current assets		21,905
Property and equipment		126,424
Other intangibles, net		1,014,421
Other long-term assets		49,592
Deferred revenue		(172,161	)
Tax liabilities		(9,410	)
Other current liabilities (2)		(362,535	)
Long-term deferred revenue		(102,424	)
Unrecognized tax benefits		(9,526	)
Other long-term liabilities		(24,884	)
Long-term deferred income taxes		(223,055	)
Total identifiable net assets	$	1,222,441

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Earnings Per Share - Potentially Dilutive Securities Excluded from Earnings Per Share Calculation (Detail) - shares	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Earnings Per Share [Abstract]
Potentially dilutive shares	1,152,000	166,000	1,018,000	166,000

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Earnings per Share (Tables)

6 Months Ended

Jul. 04, 2015

Earnings Per Share [Abstract]

Computation of Earnings Per Share

Earnings per share were computed as follows (in thousands, except per share amounts):

	Three Months Ended					Six Months Ended
	July 4, 2015			June 28, 2014		July 4, 2015			June 28, 2014
Weighted average shares:
Basic weighted average shares outstanding		50,917			50,606		50,798			50,509
Effect of dilutive securities outstanding		0			672		0			620
Diluted weighted average and equivalent shares outstanding		50,917			51,278		50,798			51,129
Basic per share amounts:
Net (loss) income	$	(76,258	)	$	27,557	$	(101,555	)	$	69,163
Basic weighted average shares outstanding		50,917			50,606		50,798			50,509
Per share amount	$	(1.50	)	$	0.54	$	(2.00	)	$	1.37
Diluted per share amounts:
Net (loss) income	$	(76,258	)	$	27,557	$	(101,555	)	$	69,163
Diluted weighted average and equivalent shares outstanding		50,917			51,278		50,798			51,129
Per share amount	$	(1.50	)	$	0.54	$	(2.00	)	$	1.35

Potentially Dilutive Securities Excluded from Earnings Per Share Calculation

Potentially dilutive securities consist primarily of stock appreciation rights (SARs) with an exercise price greater than the average market closing price of the Class A common stock. Due to a net loss for the second quarter and first half of 2015, restricted stock and warrants were anti-dilutive and therefore excluded from the earnings per share calculation. These excluded shares are as follows:

	Three Months Ended				Six Months Ended
	July 4, 2015		June 28, 2014		July 4, 2015		June 28, 2014
Potentially dilutive shares		1,152,000		166,000		1,018,000		166,000

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Contingencies

6 Months Ended

Jul. 04, 2015

Commitments and Contingencies Disclosure [Abstract]

Contingencies

Note 14 – Contingencies

The Company is subject to a variety of investigations, claims, suits and other legal proceedings that arise from time to time in the ordinary course of business, including but not limited to, intellectual property, employment, tort and breach of contract matters. The Company currently believes that the outcomes of such proceedings, individually and in the aggregate, will not have a material adverse impact on its business, cash flows, financial position, or results of operations. Any legal proceedings are subject to inherent uncertainties, and the Company’s view of these matters and its potential effects may change in the future.

In re Symbol Technologies, Inc. Securities Litigation

In connection with the acquisition of the Enterprise business from Motorola Solutions, Inc., the Company acquired Symbol Technologies, Inc., a subsidiary of Motorola Solutions. A putative federal class action lawsuit, Waring v. Symbol Technologies, Inc., et al., was filed on August 16, 2005 against Symbol Technologies, Inc. and two of its former officers in the United States District Court for the Eastern District of New York by Robert Waring. After the filing of the Waring action, several additional purported class actions were filed against Symbol and the same former officers making substantially similar allegations (collectively, the “New Class Actions”). The Waring action and the New Class Actions were consolidated for all purposes and on April 26, 2006, the Court appointed the Iron Workers Local # 580 Pension Fund as lead plaintiff and approved its retention of lead counsel on behalf of the putative class. On August 30, 2006, the lead plaintiff filed a Consolidated Amended Class Action Complaint (the “Amended Complaint”), and named additional former officers and directors of Symbol as defendants. The lead plaintiff alleges that the defendants misrepresented the effectiveness of Symbol’s internal controls and forecasting processes, and that, as a result, all of the defendants violated Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”) and the individual defendants violated Section 20(a) of the Exchange Act. The Amended Complaint alleges that it was damaged by the decline in the price of Symbol’s stock following certain purported corrective disclosures and seeks unspecified damages. By orders entered on June 25 and August 3, 2015, the court granted lead plaintiff’s motion for class certification, certifying a class of investors that includes those that purchased Symbol common stock between April 29, 2003 and August 1, 2005. The parties have substantially completed fact discovery. Pursuant to the Court’s current scheduling order, expert discovery is expected to be completed by January 15, 2016, and dispositive motions are to be filed by February 12, 2016. The Company establishes an accrued liability for loss contingencies related to legal matters when the loss is both probable and estimable. In addition, for some matters for which a loss is probable or reasonably possible, an estimate of the amount of loss or range of loss is not possible, and we may be unable to estimate the possible loss or range of losses that could potentially result from the application of non-monetary remedies. Currently, the Company is unable to reasonably estimate the amount of reasonably possible losses for this matter.