Income Taxes (Tables)

12 Months Ended

Jan. 01, 2012

Income Taxes [Abstract]

Income (loss) before income taxes and equity income

The United States and foreign components of income (loss) before income taxes and equity income from affiliates are as follows:

	2011		2010		2009
	(In thousands)
Income before income taxes, equity earnings in affiliates, and discontinued operations
United States	$	107,743	$	84,531	$	96,651
Foreign		16,082		13,573		8,380
		123,825		98,104		105,031
Discontinued operations:
Loss from operation of discontinued business		—		—		(562	)
Total	$	123,825	$	98,104	$	104,469

Components of taxes on income (loss)

Taxes on income (loss) consist of the following components:

	2011			2010			2009
	(In thousands)
Federal income taxes:
Current	$	(474	)	$	13,316		$	24,443
Deferred		36,650			16,070			10,734
		36,176			29,386			35,177
State income taxes:
Current		2,673			2,713			2,889
Deferred		4,803			3,136			310
		7,476			5,849			3,199
Foreign:
Current		4,706			5,562			4,737
Deferred		(433	)		(1,265	)		(1,034	)
		4,273			4,297			3,703
Total U.S. and foreign		47,925			39,532			42,079
Discontinued operations:
Tax benefit from operations of discontinued business		—			—			(216	)
Total	$	47,925		$	39,532		$	41,863

Reconciliation of the statutory U.S. federal tax rate (35.0%) and the effective income tax rate

A reconciliation of the statutory U.S. federal tax rate 35.0% and the effective income tax rate is as follows:

	2011			2010			2009
	(In thousands)
Continuing operations:
Provisions using statutory federal income tax rate	$	43,339		$	34,336		$	36,761
State income taxes, net of federal tax benefit		4,907			3,671			2,949
Change in contingent tax liabilities		(337	)		(2,366	)		1,591
Impact of nondeductible transaction costs		65			3,230			283
Other, net		(49	)		661			495
Total continuing operations		47,925			39,532			42,079
Discontinued operations:
Tax benefit from operations of discontinued business		—			—			(216	)
Provision for income taxes	$	47,925		$	39,532		$	41,863

Components of the net current deferred income tax asset

The components of the net current deferred income tax asset as of January 1, 2012 and January 2, 2011 are as follows:

	2011		2010
	(In thousands)
Accrued liabilities	$	21,179	$	20,768
Accrued compensation		6,005		5,351
Other, net		1,542		2,996
Total asset	$	28,726	$	29,115

Components of the net non-current deferred income tax asset

The components of the net non-current deferred income tax asset as of January 1, 2012 and January 2, 2011 are as follows:

	2011		2010
	(In thousands)
Depreciation	$	1,711	$	936
Total asset	$	1,711	$	936

Components of the net non-current deferred income tax liability

The components of the net non-current deferred income tax liability as of January 1, 2012 and January 2, 2011 are as follows:

	2011			2010
	(In thousands)
Deferred compensation	$	9,614		$	7,628
Net operating losses		17,541			7,988
Tax credits		6,136			4,414
Deferred loan costs		2,073			2,143
Equity Awards		2,881			2,047
Other, net		1,879			1,187
Bond discount		(657	)		(780	)
Residual U.S. tax liability on unrepatriated foreign earnings		(3,668	)		(3,052	)
Valuation allowance		(8,217	)		(7,793	)
Deferred Rent		(6,212	)		(672	)
Intangible assets		(72,579	)		(29,606	)
Depreciation		(74,000	)		(38,822	)
Total liability	$	(125,209	)	$	(55,318	)

Reconciliation of unrecognized tax benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

	2011			2010			2009
	(In thousands)
Balance at Beginning of Period	$	9,262		$	5,947		$	5,889
Additions based on tax positions related to the current year		13			3,251			479
Additions for tax positions of prior years		43			200			4,854
Additions from current year acquisitions		3,848			2,928			—
Reductions for tax positions of prior years		(3,237	)		(2,891	)		(1,877	)
Reductions as result of a lapse of applicable statutes of limitations		(845	)		—			—
Settlements		(2,356	)		(173	)		(3,398	)
Balance at End of Period	$	6,728		$	9,262		$	5,947