Note 14 - Income Taxes (Tables)

12 Months Ended

Jan. 02, 2016

Notes Tables

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

	201 5		201 4		201 3
Domestic	$	1,313	$	35,264	$	20,254
Foreign		105,635		96,382		103,982
Income before income taxes	$	106,948	$	131,646	$	124,236

Current:
Federal	$	(6,686	)	$	8,003		$	8,265
State		2,078			1,275			2,084
Foreign		17,611			27,438			18,462
Subtotal		13,003			36,716			28,811
Deferred:
Federal and State		11,330			(1,513	)		3,251
Foreign		149			(2,975	)		3,389
Subtotal		11,479			(4,488	)		6,640
Provision for income taxes	$	24,482		$	32,228		$	35,451

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

	201 5			201 4			201 3
Tax expense at statutory rate of 35%	$	37,432		$	46,076		$	43,481
State and local taxes, net of federal tax benefit		1,907			1,186			1,076
Foreign income tax rate differential		(19,853	)		(14,981	)		(15,497	)
Capital loss valuation allowance		—			—			6,085
Tax on unremitted earnings		—			—			(349	)
Mexico manufacturing operations restructuring		4,841			—			—
Nondeductible professional fees		1,011			—			—
Other, net		(856	)		(53	)		655
Provision for income taxes	$	24,482		$	32,228		$	35,451

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

	20 15			20 14
Deferred tax assets:
Accrued expenses	$	19,738		$	27,088
Foreign tax credit carryforwards		1,529			5,299
AMT credit carryforwards		—			167
Accrued restructuring		1,115			124
Capital losses		4,557			4,557
Domestic and foreign net operating loss carryforwards		684			525
Gross deferred tax assets		27,623			37,760
Less: Valuation allowance		(4,557	)		(4,557	)
Total deferred tax assets		23,066			33,203
Deferred tax liabilities:
Tax depreciation and amortization in excess of book		22,747			21,405
Total deferred tax liabilities		22,747			21,405
Net deferred tax assets	$	319		$	11,798

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

Balance at December 28, 2013	$	112
Balance at December 27, 2014		112
Increases/decreases for tax positions taken in the current year		—
Additions for tax positions taken in prior years		—
Settlements		—
Lapses of statute of limitations		—
Other		(10	)
Balance at January 2, 2016	$	102