Note 12 Income Tax (Tables)

12 Months Ended

Oct. 03, 2020

Income Tax Disclosure [Abstract]

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

	Year Ended
	October 3, 2020		September 28, 2019		September 29, 2018
	(In thousands)
Domestic	$	96,993	$	153,696	$	16,215
Foreign	103,765		91,923		81,324
Total	$	200,758	$	245,619	$	97,539

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

	Year Ended
	October 3, 2020		September 28, 2019		September 29, 2018
	(In thousands)
Federal:
Current	$	(917)	$	868	$	(122)
Deferred	9,460		45,910		170,994
State:
Current	1,705		2,747		32
Deferred	2,579		2,961		(3,672)
Foreign:
Current	46,376		45,929		20,287
Deferred	1,842		5,689		5,553
Total provision for income taxes	$	61,045	$	104,104	$	193,072

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

	As of
	October 3, 2020		September 28, 2019
	(In thousands)
Deferred tax assets:
U.S. net operating loss carryforwards	$	168,570	$	184,188
Foreign net operating loss carryforwards	111,418		117,403
Intangibles	22,684		19,422
Accruals not currently deductible	49,022		45,117
Property, plant and equipment	24,545		28,710
Tax credit carryforwards	15,948		13,601
Reserves not currently deductible	13,389		15,266
Stock compensation expense	6,519		10,249
Federal benefit of foreign operations	16,973		14,006
Derivatives and other impacts of OCI	10,793		3,145
Lease deferred tax asset	10,929		—
Other	3,063		2,744
Valuation allowance	(111,127)		(115,998)
Total deferred tax assets	342,726		337,853
Deferred tax liabilities on undistributed earnings	(16,240)		(18,690)
Deferred tax liabilities on branch operations	(32,351)		(34,378)
Revenue recognition	(14,258)		(9,456)
Lease deferred tax liability	(10,781)		—
Net deferred tax assets	$	269,096	$	275,329
Recorded as:
Deferred tax assets	$	273,470	$	279,803
Deferred tax liabilities	(4,374)		(4,474)
Net deferred tax assets	$	269,096	$	275,329

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

	Year Ended
	October 3, 2020		September 28, 2019		September 29, 2018
Federal tax at statutory tax rate	21.00	%	21.00	%	24.50	%
Tax Act impact	—		—		165.16
Effect of foreign operations	9.41		9.30		7.92
Permanent items	(0.59)		0.40		(1.37)
Discrete charge for restructuring transaction	—		8.88		—
Federal credits	(1.31)		(0.07)		(1.28)
Other	(0.06)		0.68		1.77
State income taxes, net of federal benefit	1.96		2.19		1.24
Effective tax rate	30.41	%	42.38	%	197.94	%

Summary of Income Tax Contingencies [Table Text Block]

	Year Ended
	October 3, 2020		September 28, 2019		September 29, 2018
	(In thousands)
Balance, beginning of year	$	66,677	$	60,787	$	67,022
Increase (decrease) related to prior year tax positions	1,327		(1,731)		(5,917)
Increase related to current year tax positions	9,907		8,902		8,392
Settlements	—		(626)		(7,648)
Decrease related to lapse of applicable statute of limitations	(3,299)		(655)		(1,062)
Balance, end of year	$	74,612	$	66,677	$	60,787