Income Taxes (Tables)

12 Months Ended

Mar. 30, 2014

Income Tax Disclosure [Abstract]

Schedule of Income (Loss) from Continuing Operations before Income Taxes, Domestic and Foreign

Income (loss) from continuing operations before income taxes consists of the following components:

	2014			2013		2012
	(In thousands)
United States	$	(19,056	)	$	13,084	$	35,733
International		10,096			48,773		97,693
	$	(8,960	)	$	61,857	$	133,426

Components of Income Tax Expense (Benefit) from Continuing Operations

The components of income tax expense (benefit) from continuing operations are as follows:

	2014			2013			2012
	(In thousands)
Current:
Federal	$	9,206		$	(13,374	)	$	11,054
State		1,532			260			1,279
Foreign		2,205			1,520			1,904
Total current		12,943			(11,594	)		14,237
Deferred:
Federal		(18,883	)		3,445			3,360
State		15,006			(3,684	)		(4,781	)
Foreign		240			129			1,167
Total deferred		(3,637	)		(110	)		(254	)
	$	9,306		$	(11,704	)	$	13,983

Reconciliation of Income Tax Expense (Benefit)

A reconciliation of the income tax expense (benefit) with the amount computed by applying the federal statutory tax rate to income (loss) from continuing operations before income taxes is as follows:

	2014			2013			2012
	(In thousands)
Expected income tax expense (benefit) at the statutory rate	$	(3,136	)	$	21,650		$	46,699
State income taxes, net of federal tax benefit		(330	)		1,581			1,198
Tax rate differential on foreign earnings and other international related tax items		(324	)		(14,025	)		(30,277	)
Benefit from research and other credits		(6,764	)		(9,210	)		(5,090	)
Stock-based compensation		4,759			2,414			2,602
Resolution of prior period tax matters		(1,480	)		(14,701	)		(2,530	)
Valuation allowance		16,433			(301	)		(161	)
Other, net		148			888			1,542
	$	9,306		$	(11,704	)	$	13,983

Components of Deferred Tax Assets and Liabilities

The components of the deferred tax assets and liabilities are as follows:

	2014			2013
	(In thousands)
Deferred tax assets:
Research credits	$	24,296		$	17,103
Reserves and accruals not currently deductible		20,454			16,968
Stock-based compensation		15,583			18,036
Net operating loss carryforwards		11,048			12,408
Patent license		7,430			—
Investment securities		1,046			1,267
Other		419			657
Total gross deferred tax assets		80,276			66,439
Valuation allowance		(17,672	)		(1,239	)
Total deferred tax assets, net of valuation allowance		62,604			65,200
Deferred tax liabilities:
State income taxes		10,026			9,315
Research and development expenditures		2,220			4,198
Property and equipment		1,911			6,149
Purchased intangible assets		540			510
Total deferred tax liabilities		14,697			20,172
Net deferred tax assets	$	47,907		$	45,028

Schedule of Gross Unrecognized Tax Benefits Rollforward

A rollforward of the activity in the gross unrecognized tax benefits is as follows:

	2014			2013
	(In thousands)
Balance at beginning of year	$	9,584		$	58,384
Additions based on tax positions related to the current year		1,140			1,470
Additions for tax positions of prior years		4,494			183
Reductions for tax positions of prior years		(1,641	)		(20,547	)
Decreases relating to settlements with taxing authorities		—			(29,906	)
Balance at end of year	$	13,577		$	9,584