Document_and_Entity_Informatio
Document and Entity Information | 9 Months Ended | |
Oct. 04, 2013 | Nov. 01, 2013 | |
Document And Entity Information [Abstract] | ' | ' |
Document Type | '10-Q | ' |
Amendment Flag | 'false | ' |
Document Period End Date | 4-Oct-13 | ' |
Document Fiscal Year Focus | '2013 | ' |
Document Fiscal Period Focus | 'Q3 | ' |
Trading Symbol | 'ISIL | ' |
Entity Registrant Name | 'INTERSIL CORP/DE | ' |
Entity Central Index Key | '0001096325 | ' |
Current Fiscal Year End Date | '--01-03 | ' |
Entity Filer Category | 'Large Accelerated Filer | ' |
Entity Common Stock, Shares Outstanding | ' | 127,682,555 |
Condensed_Consolidated_Stateme
Condensed Consolidated Statements Of Operations (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, except Per Share data, unless otherwise specified | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 |
Condensed Consolidated Statements Of Operations [Abstract] | ' | ' | ' | ' |
Revenue | $152,644 | $151,406 | $429,202 | $470,410 |
Cost of revenue | 68,008 | 69,502 | 193,740 | 214,513 |
Gross margin | 84,636 | 81,904 | 235,462 | 255,897 |
Operating costs and expenses: | ' | ' | ' | ' |
Research and development | 31,311 | 38,733 | 103,059 | 129,329 |
Selling, general and administrative | 27,083 | 30,191 | 86,418 | 100,805 |
Amortization of purchased intangibles | 6,080 | 7,105 | 19,018 | 21,539 |
Income from IP agreements | ' | -13,412 | ' | -13,412 |
Provision for export compliance | 6,000 | ' | 6,000 | ' |
Restructuring and related costs | 9,067 | 44 | 28,694 | 9,838 |
Operating income (loss) | 5,095 | 19,243 | -7,727 | 7,798 |
Interest expense and fees, net | 429 | 1,900 | 1,506 | 5,424 |
Gain on investments, net | 893 | 654 | 1,848 | 881 |
Income (loss) before income taxes | 5,559 | 17,997 | -7,385 | 3,255 |
Income tax expense (benefit) | 13,737 | 16,014 | -2,731 | 19,084 |
Net (loss) income | ($8,178) | $1,983 | ($4,654) | ($15,829) |
(Loss) earinings per share | ' | ' | ' | ' |
Basic | ($0.06) | $0.02 | ($0.04) | ($0.12) |
Diluted | ($0.06) | $0.02 | ($0.04) | ($0.12) |
Cash dividends declared per common share | $0.12 | $0.12 | $0.36 | $0.36 |
Weighted average common shares outstanding | ' | ' | ' | ' |
Basic | 127,339 | 127,540 | 126,972 | 127,221 |
Diluted | 127,339 | 127,562 | 126,972 | 127,221 |
Condensed_Consolidated_Stateme1
Condensed Consolidated Statements Of Comprehensive (Loss) Income (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 |
Condensed Consolidated Statements Of Comprehensive (Loss) Income [Abstract] | ' | ' | ' | ' |
Net (loss) income | ($8,178) | $1,983 | ($4,654) | ($15,829) |
Unrealized loss on interest rate swaps | ' | -896 | ' | -3,073 |
Tax effect | ' | 336 | ' | 1,152 |
Realized losses on interest rate swaps, reclassified to net income (loss) | ' | 239 | ' | 717 |
Tax effect | ' | -90 | ' | -269 |
Currency translation adjustments | 649 | 543 | -390 | 484 |
Comprehensive (loss) income | ($7,529) | $2,115 | ($5,044) | ($16,818) |
Condensed_Consolidated_Balance
Condensed Consolidated Balance Sheets (USD $) | Oct. 04, 2013 | Dec. 28, 2012 |
In Thousands, unless otherwise specified | ||
Current Assets | ' | ' |
Cash and cash equivalents | $166,800 | $158,810 |
Short-term investments | ' | 4,751 |
Trade receivables, net of allowances ($15,048 as of October 4, 2013 and $14,891 as of December 28, 2012) | 57,641 | 54,684 |
Inventories | 66,362 | 74,868 |
Prepaid expenses and other current assets | 10,983 | 14,504 |
Income taxes receivable | 4,243 | ' |
Deferred income taxes | 18,832 | 20,006 |
Total Current Assets | 324,861 | 327,623 |
Non-current Assets | ' | ' |
Property, plant & equipment, net of accumulated depreciation ($241,802 as of October 4, 2013 and $228,079 as of December 28, 2012) | 83,538 | 85,374 |
Purchased intangibles, net of accumulated amortization ($92,378 as of October 4, 2013 and $83,555 as of December 28, 2012) | 62,203 | 82,998 |
Goodwill | 565,424 | 565,424 |
Deferred income tax assets | 74,700 | 85,526 |
Other non-current assets | 75,910 | 80,841 |
Total Non-current Assets | 861,775 | 900,163 |
Total Assets | 1,186,636 | 1,227,786 |
Current Liabilities | ' | ' |
Trade payables | 26,075 | 22,220 |
Accrued compensation | 41,865 | 41,593 |
Deferred income | 10,226 | 9,572 |
Other accrued expenses | 25,503 | 22,307 |
Accrued restructuring | 7,524 | 1,053 |
Non-income taxes payable | 3,364 | 2,274 |
Income taxes payable | 5,750 | 1,293 |
Total Current Liabilities | 120,307 | 100,312 |
Non-current Liabilities | ' | ' |
Income taxes payable | 88,450 | 111,724 |
Other non-current liabilities | 15,488 | 21,142 |
Total Non-current Liabilities | 103,938 | 132,866 |
Shareholders' Equity | ' | ' |
Preferred stock, $0.01 par value, 2 million shares authorized; no shares issued or outstanding | 0 | 0 |
Class A common stock, $0.01 par value, voting; 600 million shares authorized; 127,679,012 shares issued and outstanding as of October 4, 2013 and 126,249,768 shares issued and outstanding as of December 28, 2012 | 1,277 | 1,263 |
Additional paid-in capital | 1,632,708 | 1,659,895 |
Accumulated deficit | -674,444 | -669,790 |
Accumulated other comprehensive income | 2,850 | 3,240 |
Total Shareholders' Equity | 962,391 | 994,608 |
Total Liabilities and Shareholders' Equity | $1,186,636 | $1,227,786 |
Condensed_Consolidated_Balance1
Condensed Consolidated Balance Sheets (Parenthetical) (USD $) | Oct. 04, 2013 | Dec. 28, 2012 |
In Thousands, except Share data, unless otherwise specified | ||
Condensed Consolidated Balance Sheets [Abstract] | ' | ' |
Trade receivables, allowances | $15,048 | $14,891 |
Property, plant and equipment, accumulated depreciation | 241,802 | 228,079 |
Purchased intangibles, accumulated amortization | $92,378 | $83,555 |
Preferred stock, par value | $0.01 | $0.01 |
Preferred stock, shares authorized | 2,000,000 | 2,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Class A common stock, par value | $0.01 | $0.01 |
Class A common stock, shares authorized | 600,000,000 | 600,000,000 |
Class A common stock, shares issued | 127,679,012 | 126,249,768 |
Class A common stock, shares outstanding | 127,679,012 | 126,249,768 |
Condensed_Consolidated_Stateme2
Condensed Consolidated Statements Of Cash Flows (USD $) | 9 Months Ended | |
In Thousands, unless otherwise specified | Oct. 04, 2013 | Sep. 28, 2012 |
Operating Activities | ' | ' |
Net (loss) income | ($4,654) | ($15,829) |
Depreciation and amortization | 33,085 | 36,128 |
Equity-based compensation | 15,223 | 19,289 |
Tax effect and excess tax benefit of equity-based awards | -350 | -2 |
Loss on disposal of property and equipment | 102 | -95 |
Non-Cash Portion of Restructuring Charges | 7,319 | ' |
Gain on long-term investments recovery | -866 | ' |
Deferred income taxes | 12,000 | 10,331 |
Changes in operating assets and liabilities | ' | ' |
Trade receivables | -2,957 | 1,797 |
Inventories | 8,506 | 16,266 |
Prepaid expenses and other current assets | -335 | 1,759 |
Trade payables and accrued liabilities | 17,250 | -8,127 |
Income taxes | -23,061 | -48,344 |
Other, net | -818 | -776 |
Net cash flows from operating activities | 60,444 | 12,397 |
Investing Activities | ' | ' |
Proceeds from short-term investments | 4,750 | 26,500 |
Proceeds from recovery on long-term investments | 866 | ' |
Proceeds from sales of property, plant and equipment | ' | 180 |
Purchase of property, plant and equipment | -15,772 | -5,665 |
Net cash flows from investing activities | -10,156 | 21,015 |
Financing Activities | ' | ' |
Proceeds and excess tax benefit received from equity-based awards | 4,271 | 4,088 |
Repayments of long-term debt | ' | -50,000 |
Payment of credit facility fees | ' | -856 |
Dividends paid | -46,554 | -46,818 |
Repurchase of common stock | ' | -6,398 |
Net cash flows from financing activities | -42,283 | -99,984 |
Effect of exchange rates on cash and cash equivalents | -15 | -11 |
Net change in cash and cash equivalents | 7,990 | -66,583 |
Cash and cash equivalents at the beginning of the period | 158,810 | 383,693 |
Cash and cash equivalents at the end of the period | $166,800 | $317,110 |
Basis_Of_Presentation
Basis Of Presentation | 9 Months Ended |
Oct. 04, 2013 | |
Basis Of Presentation [Abstract] | ' |
Basis Of Presentation | ' |
Note 1—Basis of Presentation | |
Intersil Corporation (“Intersil,” which may also be referred to as “we,” “us” or “our”) designs, develops, manufactures and markets high-performance analog, mixed-signal, and power management integrated circuits (“ICs”) for applications in the global industrial & infrastructure, consumer, and personal computing electronics markets. | |
In our opinion, these interim unaudited condensed consolidated financial statements include all adjustments necessary to present fairly, in all material respects, the financial position, results of operations and cash flows for all periods presented. We prepared these unaudited condensed consolidated financial statements in accordance with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X, using management estimates where necessary. We derived the December 28, 2012 consolidated balance sheet from our audited consolidated year-end financial statements. You should read this interim report in conjunction with our Annual Report on Form 10-K for the fiscal year ended December 28, 2012. | |
We utilize a 52/53 week fiscal year, ending on the nearest Friday to December 31. Fiscal year 2013 is a 53 week period with an extra week included in our second quarter. Quarterly or annual periods vary from exact calendar quarters or years. | |
Certain prior year amounts have been reclassified to conform to current year presentation. | |
Investments_and_Fair_Value_Mea
Investments and Fair Value Measurements | 9 Months Ended | ||||||
Oct. 04, 2013 | |||||||
Investments [Abstract] | ' | ||||||
Investments and Fair Value Measurements | ' | ||||||
Note 2 — Investments and Fair Value Measurements | |||||||
Investments | |||||||
We classify bank time deposits as available for sale (“AFS”) and record them at fair value. | |||||||
We have no unrealized gains or losses on AFS investments recorded in accumulated other comprehensive income as of October 4, 2013 or December 28, 2012. | |||||||
We recognized a gain of $0.3 million and $0.9 million in our consolidated statements of operations during the quarter and three quarters ended October 4, 2013, respectively, related to the recovery of previously recognized losses on auction rate securities. There were no recognized gains or losses on investments included in our consolidated statements of operations during the quarter or three quarters ended September 28, 2012. | |||||||
Fair Value Measurements | |||||||
Due to their short duration, the carrying amount of cash and cash equivalents, receivables, prepaid expenses, accounts payable, accrued expenses and other current liabilities provide a reasonable estimate of fair value. | |||||||
For deferred compensation investments and bank time deposits, we generally rely upon the valuations as provided by the third party custodian of these assets or liabilities. | |||||||
We determine the fair value of our assets and liabilities utilizing three levels of inputs, focusing on the most observable level of inputs when available. Level 1 inputs use quoted prices in active markets which are unadjusted and accessible as of the measurement date for identical, unrestricted assets or liabilities. Level 2 uses quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 3 uses prices or valuations that require inputs that are unobservable and significant to the overall fair value measurement. | |||||||
We determine fair value on the following assets and liabilities using these input levels (in thousands): | |||||||
Fair value as of October 4, 2013 using: | |||||||
Total | Quoted prices in active markets for identical assets (Level 1) | Significant other observable inputs (Level 2) | |||||
Assets | |||||||
Other non-current assets: | |||||||
Deferred compensation investments | $ 11,354 | $ 736 | $ 10,618 | ||||
Total assets measured at fair value | $ 11,354 | $ 736 | $ 10,618 | ||||
Fair value as of December 28, 2012 using: | |||||||
Total | Quoted prices in active markets for identical assets (Level 1) | Significant other observable inputs (Level 2) | |||||
Assets | |||||||
Short-term investments: | |||||||
Bank time deposits | $ 4,751 | $ - | $ 4,751 | ||||
Other non-current assets: | |||||||
Deferred compensation investments | $ 11,070 | $ 342 | $ 10,728 | ||||
Total assets measured at fair value | $ 15,821 | $ 342 | $ 15,479 | ||||
There were no transfers into or out of Level 1 or Level 2 financial assets during the quarters or three quarters ended October 4, 2013 and September 28, 2012. | |||||||
Inventories
Inventories | 9 Months Ended | ||||
Oct. 04, 2013 | |||||
Inventories [Abstract] | ' | ||||
Inventories | ' | ||||
Note 3 — Inventories | |||||
Inventories are summarized below (in thousands): | |||||
As of | As of | ||||
4-Oct-13 | 28-Dec-12 | ||||
Finished products | $ 15,790 | $ 25,230 | |||
Work in process | 47,650 | 46,739 | |||
Raw materials | 2,922 | 2,899 | |||
Total inventories | $ 66,362 | $ 74,868 | |||
Goodwill_And_Purchased_Intangi
Goodwill And Purchased Intangibles | 9 Months Ended | ||||||
Oct. 04, 2013 | |||||||
Goodwill And Purchased Intangibles [Abstract] | ' | ||||||
Goodwill And Purchased Intangibles | ' | ||||||
Note 4 — Goodwill and Purchased Intangibles | |||||||
Goodwill — The following table summarizes changes in the goodwill balance for our one reportable segment (in thousands): | |||||||
Gross goodwill balance as of December 28, 2012 | $ 1,720,100 | ||||||
Impairment charge (recorded in 2008) | -1,154,676 | ||||||
Goodwill balance as of December 28, 2012 and October 4, 2013 | $ 565,424 | ||||||
We our annual test of impairment in our fourth quarter or if indicators of impairment exist, in interim periods. Factors we consider important that could trigger a goodwill impairment review include adverse legal factors, changes in our business climate, unanticipated competition, regulatory issues, loss of key personnel, significant changes or losses in business operations, weakness in our industry, downward revisions to forecasts for future periods, restructuring plans and declines in market capitalization below equity book value. | |||||||
During our third quarter of 2013, we reorganized from three reporting units – analog & mixed-signal, power management, and consumer – into four reporting units – specialty, mobile, precision and industrial & infrastructure. As a result of this reorganization, we reassigned our existing goodwill balances to the new reporting units utilizing a relative fair value allocation approach in accordance with FASB ASC Topic 350. With the assistance of a third-party appraiser, we performed a fair value analysis and allocated goodwill as of July 6, 2013 to the new reporting units. Based on our analysis, no impairment was indicated. | |||||||
Purchased Intangibles — Substantially all of our purchased intangibles consist of multiple elements of developed technology which have estimated useful lives of five years. Other purchased intangibles consist of other identifiable assets, primarily customer relationships with an estimated useful life of four to seven years (in thousands). | |||||||
As of October 4, 2013 | |||||||
Definite-lived: developed technologies | Definite-lived: other | Total purchased intangibles | |||||
Gross carrying amount | $ 105,981 | $ 48,600 | $ 154,581 | ||||
Accumulated amortization | 65,178 | 27,200 | 92,378 | ||||
Purchased intangibles, net | $ 40,803 | $ 21,400 | $ 62,203 | ||||
As of December 28, 2012 | |||||||
Definite-lived: developed technologies | Definite-lived: other | Total purchased intangibles | |||||
Gross carrying amount | $ 113,533 | $ 53,020 | $ 166,553 | ||||
Accumulated amortization | 58,303 | 25,252 | 83,555 | ||||
Purchased intangibles, net | $ 55,230 | $ 27,768 | $ 82,998 | ||||
Expected amortization expense by year to the end of the current amortization schedule is as follows (in thousands): | |||||||
To be recognized in: | |||||||
Fiscal year 2013, remaining | $ 5,560 | ||||||
Fiscal year 2014 | 22,242 | ||||||
Fiscal year 2015 | 16,717 | ||||||
Fiscal year 2016 | 9,010 | ||||||
Fiscal year 2017 | 6,757 | ||||||
Thereafter | 1,917 | ||||||
Total expected amortization expense | $ 62,203 | ||||||
Purchased intangibles were evaluated for impairment during the quarter ended July 5, 2013 and we recognized an impairment charge of $1.8 million on certain developed technology intangibles due to cost reduction initiatives included in our February 2013 restructuring plan (See Note 5). The impairment charge is included as a component of restructuring and related costs in our consolidated statements of operations. | |||||||
Restructuring
Restructuring | 9 Months Ended | ||||||||
Oct. 04, 2013 | |||||||||
Restructuring [Abstract] | ' | ||||||||
Restructuring | ' | ||||||||
Note 5 — Restructuring | |||||||||
On July 24, 2013, we adopted a rebalancing plan (the “July 2013 plan”) to better align our operating expenses with strategic growth areas for the purpose of improving competitiveness and execution across the business. The July 2013 plan includes a reduction in our workforce of approximately 150 employees which is anticipated to be gradually offset by the addition of new hires in design and development over the next few quarters. We recorded restructuring and related costs of $8.7 million during the quarter ended October 4, 2013 related to the July 2013 plan. The July 2013 plan is expected to be substantially complete by the end of the first quarter of 2014. | |||||||||
In October 2013, we adopted a restructuring plan to realign our internal fab with existing operations, (the “October 2013 Plan”). The October 2013 plan includes a reduction in workforce of 17 employees. We expect to record restructuring and related costs of $0.5 million during our fourth quarter of 2013 related to the October 2013 plan. | |||||||||
On February 15, 2013, our Board of Directors approved a restructuring plan (the “February 2013 plan”) to prioritize our sales and development efforts, strengthen financial performance and improve cash flow. The February 2013 plan included a reduction of approximately 18% of our worldwide workforce. We recorded restructuring and related costs of $19.9 million related to the February 2013 plan during the three quarters ending October 4, 2013. The February 2013 restructuring plan was substantially complete at the end of the second quarter of 2013. No further expense related to these plans is anticipated. | |||||||||
During 2012, we initiated restructuring plans to reorganize certain operations and reduce our global workforce and other operating costs. The 2012 restructuring plans were substantially completed at the end of the fourth quarter of 2012. No further expense related to these plans is anticipated. | |||||||||
The amounts below relating to the restructuring are included in accrued restructuring on our consolidated balance sheets (in thousands): | |||||||||
Restructuring activity from the July 2013 plan | Restructuring activity from the February 2013 plan | Restructuring activity from plans initiated in 2012 | Combined plans | ||||||
Balance as of December 28, 2012 | $ - | $ - | $ 1,053 | $ 1,053 | |||||
Costs incurred | |||||||||
Severance costs | 6,327 | 12,435 | 70 | 18,832 | |||||
Lease exit costs | 1,112 | 897 | 13 | 2,022 | |||||
Other costs | 1,304 | 6,532 | 4 | 7,840 | |||||
Cash payments | |||||||||
Severance payments | -3,051 | -9,702 | -364 | -13,117 | |||||
Lease exit payments | -28 | -853 | -224 | -1,105 | |||||
Other payments | -130 | -389 | -163 | -682 | |||||
Non-cash items in restructuring | -1,174 | -6,145 | - | -7,319 | |||||
Balance as of October 4, 2013 | $ 4,360 | $ 2,775 | $ 389 | $ 7,524 | |||||
Non-cash items include certain prepaid, intangible, fixed, and other assets that were written off as a result of the restructuring initiative. | |||||||||
Income_Taxes
Income Taxes | 9 Months Ended | ||
Oct. 04, 2013 | |||
Income Taxes [Abstract] | ' | ||
Income Taxes | ' | ||
Note 6 — Income Taxes | |||
We include income taxes for interim periods on the basis of an estimated annual effective tax rate. As of October 4, 2013, the estimated annual effective tax rate for 2013 was approximately 82%, which differs from the 35% statutory corporate tax rate primarily due to lower statutory tax rates applicable to our operations in many of the foreign jurisdictions in which we operate. The impact of this foreign rate differential will beneficially or adversely impact the effective tax rate dependent upon the financial results of those foreign operations. Furthermore, significant drivers of the estimated annual tax rate for 2013 include the benefit of the U.S. research & development credit, offset by the impact of certain permanently nondeductible items, such as stock based compensation associated with our cost sharing arrangement. The actual year to date 2013 tax provision also includes a $5.7 million discrete tax benefit associated with the reinstatement of the federal research tax credit retroactive to the beginning of 2012 as well as discrete tax charge of $3.0 million related to tax deficiencies in share based compensation. In addition, during the quarter ended October 4, 2013, we accrued a nondeductible $6.0 million provision related to a proposed settlement of an alleged export control violation. | |||
The table below summarizes activity in unrecognized tax benefits (“UTBs”) (in thousands): | |||
Beginning balance (includes $5,327 of interest and penalties as of December 28, 2012) | $ 112,900 | ||
Increases related to prior year tax positions | 10,546 | ||
Settlements with tax authorities | -23,859 | ||
Ending balance (includes $6,891 of interest and penalties as of October 4, 2013) | $ 99,587 | ||
During the quarter ended October 4, 2013, we reached final settlement with the Internal Revenue Service (“IRS”) in connection with the 2008 – 2009 examination periods and decreased our UTBs in the amount of $23.9 million. The settlement primarily related to transfer pricing adjustments on the outbound pricing of tangible goods and our cost share arrangement with our Malaysia subsidiary. As a result of the settlement, we reduced our UTB balance by $23.9 million. This reduction included a $7.5 million cash payment to the IRS, consisting of $6.7 million of additional tax and $0.8 million of interest; a $15.9 million decrease in deferred tax assets related federal R&D tax credits, federal alternative minimum tax (“AMT”) tax credits, and federal net operating loss (“NOL”) tax attributes; and $0.5 million cash payments for amended returns filed with state authorities related to the IRS examination settlement. See the income tax section in the MD&A for further discussion of the settlement. | |||
The increases related to prior year tax positions were primarily due to an audit in Switzerland for tax years 2009-2010 and accrued interest on the UTBs. The increases related to prior year tax positions do not have a material impact on the effective tax rate. The remaining balance in UTBs is primarily related to transfer pricing and a provision related to an IRS examination for tax years 2010 – 2011. | |||
Within the next 12 months, we estimate that our UTB balance will be reduced by approximately $0.6 million related to the state tax impact of the settlement with the IRS for tax years 2005-2007, $1.8 million related to the state tax impact of the settlement with the IRS for tax years 2008- 2009, $3.0 million due to the expiration of the statute of limitation on certain items, and $5.7 million for the audit in Switzerland for tax years 2009-2010. | |||
Hypothetical Additional Paid in Capital (“APIC”) Pool—The hypothetical APIC pool represents the excess tax benefits related to share-based compensation that are available to absorb future tax deficiencies. If the amount of tax deficiencies is greater than the available hypothetical APIC pool, we record the excess as income tax expense in our consolidated statements of operations. During the quarter and three quarters ended October 4, 2013, we recognized $0.9 million and $3.0 million, respectively, of income tax expense resulting from tax deficiencies related to share-based compensation in our consolidated statements of operations. We did not recognize any tax expense resulting from tax deficiencies during the three quarters ended September 28, 2012. | |||
LongTerm_Debt
Long-Term Debt | 9 Months Ended |
Oct. 04, 2013 | |
Long Term Debt [Abstract] | ' |
Long-Term Debt | ' |
Note 7 — Long-Term Debt | |
We have a five-year, $325.0 million revolving credit facility (the “Facility”) that matures on September 1, 2016 and is payable in full upon maturity. Under the Facility, $25.0 million is available for the issuance of standby letters of credit, $10.0 million is available as swing line loans and $50.0 million is available for multicurrency borrowings. Amounts repaid under the Facility may be reborrowed. We currently do not have any outstanding borrowings under the Facility. For the three quarters ended September 28, 2012, we paid $3.1 million in interest related to outstanding debt. | |
Standby Letters of Credit — We issue standby letters of credit during the ordinary course of business through major financial institutions as required for certain regulatory matters. We had outstanding letters of credit totaling $1.4 million as of October 4, 2013, and $2.2 million as of December 28, 2012. The standby letters of credit are secured by pledged deposits. | |
Common_Stock_and_Dividends
Common Stock and Dividends | 9 Months Ended | |
Oct. 04, 2013 | ||
Shareholders' Equity [Abstract] | ' | |
Stockholders' Equity Note Disclosure [Text Block] | ' | |
Note 8 — Common Stock and Dividends | ||
Dividends —On July 29, 2013, our Board of Directors declared a dividend of $0.12 per share of common stock resulting in paid dividends of $15.3 million on August 30, 2013, to shareholders of record as of the close of business on August 20, 2013. On October 30, 2013, our Board of Directors declared a dividend of $0.12 per share of common stock to be paid on November 29, 2013, to shareholders of record as of the close of business on November 19, 2013. | ||
Class A Common Stock — Share activity for Class A common stock since December 28, 2012 (in thousands): | ||
Balance as of December 28, 2012 | 126,250 | |
Shares issued under stock plans, net of shares withheld for taxes | 1,429 | |
Balance as of October 4, 2013 | 127,679 | |
On August 6, 2012, our Board of Directors authorized the repurchase of up to $50.0 million of Intersil’s common stock. The stock repurchase program expired on August 6, 2013 and no further shares may be repurchased under the plan. We repurchased 1.9 million shares under the program at an average price of $8.03 per share. During the three quarters ended October 4, 2013, we did not repurchase any shares under the program. | ||
EquityBased_Compensation
Equity-Based Compensation | 9 Months Ended | |||||||||||
Oct. 04, 2013 | ||||||||||||
Equity-Based Compensation [Abstract] | ' | |||||||||||
Equity-Based Compensation | ' | |||||||||||
Note 9 — Equity-based Compensation | ||||||||||||
Grant Date Fair Values and Underlying Assumptions — For options granted, we estimated the fair value of each stock option (“Option”) as of the grant with the following assumptions: | ||||||||||||
Three quarters ended | ||||||||||||
4-Oct-13 | 28-Sep-12 | |||||||||||
Weighted-average volatility | 38.20% | 39.40% | ||||||||||
Weighted-average dividend yield | 5.70% | 4.30% | ||||||||||
Weighted-average risk-free interest rate | 0.60% | 0.90% | ||||||||||
Weighted-average expected life, in years | 2.6 | 5 | ||||||||||
The following table represents the weighted-average fair value compensation cost per share of stock options and restricted and deferred stock awards (“Awards”) granted: | ||||||||||||
Three quarters ended | ||||||||||||
4-Oct-13 | 28-Sep-12 | |||||||||||
Options | $ 1.67 | $ 2.80 | ||||||||||
Awards | $ 8.45 | $ 9.84 | ||||||||||
Aggregate | $ 7.79 | $ 6.32 | ||||||||||
Equity-based Compensation Summary — The following table presents information about Options and Awards as of October 4, 2013 and activity for the three quarters ended. | ||||||||||||
Options | Awards | Aggregate information | ||||||||||
Shares | Weighted-average exercise price | Weighted-average remaining contract lives | Shares | Aggregate intrinsic value | Aggregate unrecognized compensation cost | |||||||
(in thousands) | (per share) | (in years) | (in thousands) | (in thousands) | (in thousands) | |||||||
Outstanding as of December 28, 2012 | 11,946 | $ 14.9 | 3.7 | 3,367 | ||||||||
Granted | 340 | 8.4 | 6.5 | 3,169 | ||||||||
Exercised (1) | -82 | 7.8 | 3.1 | -884 | ||||||||
Canceled | -3,761 | 15.5 | 2.5 | -979 | ||||||||
Outstanding as of October 4, 2013 | 8,442 | $ 13.6 | 3.2 | 4,673 | $ 54,554 | $ 24,213 | ||||||
As of October 4, 2013 | ||||||||||||
Exercisable/vested (1) | 6,613 | $ 14.1 | 2.9 | 74 | $ 3,172 | |||||||
Number vested and expected to ultimately vest | 8,309 | $ 13.6 | 3.2 | 3,617 | $ 42,811 | |||||||
(1) Awards exercised are those that have reached full vested status and have been delivered to the recipients as a taxable event due to elective deferral, available in the case of deferred stock units. Deferred stock units for which the deferral is elected timely are vested but still outstanding as Awards. Total un-issued shares related to deferred stock units as of October 4, 2013 were 73,851 shares as shown in the Awards column as Exercisable/vested. | ||||||||||||
Additional Disclosures | Three quarters ended | |||||||||||
4-Oct-13 | 28-Sep-12 | |||||||||||
(in thousands) | ||||||||||||
Shares issued under the employee stock purchase plan | 408 | 813 | ||||||||||
Aggregate intrinsic value of Options exercised | $ 148 | $ 208 | ||||||||||
Financial Statement Effects and Presentation — The following table shows total equity-based compensation expense for the periods indicated that are included in our consolidated statements of operations (in thousands): | ||||||||||||
Quarter ended | Three quarters ended | |||||||||||
4-Oct-13 | 28-Sep-12 | 4-Oct-13 | 28-Sep-12 | |||||||||
By statement of operations line item | ||||||||||||
Cost of revenue | $ 324 | $ 360 | $ 1,089 | $ 1,289 | ||||||||
Research and development | 1,691 | 2,314 | 6,135 | 9,077 | ||||||||
Selling, general and administrative | 2,272 | 2,626 | 7,999 | 8,923 | ||||||||
By stock type | ||||||||||||
Options | $ 1,078 | $ 2,070 | $ 4,102 | $ 7,434 | ||||||||
Awards | 2,965 | 3,023 | 10,353 | 10,987 | ||||||||
Employee stock purchase plan | 244 | 207 | 768 | 868 | ||||||||
As of October 4, 2013 | As of December 28, 2012 | |||||||||||
Equity-based compensation capitalized in inventory (in thousands): | $ 384 | $ 330 | ||||||||||
Market and Performance-based Grants — As of October 4, 2013, we had Options and Awards outstanding that include the usual service conditions as well as (1) market conditions related to total shareholder return and (2) performance conditions relating to revenue and operating income relative to peer companies. Under the terms of the agreements, participants may receive from 0 - 200% of the original grant. Stock-based compensation cost is measured at the grant date, based on the fair value of the number of shares ultimately expected to vest, and is recognized as an expense, on a straight line basis, over the requisite service period (shares in thousands): | ||||||||||||
As of | ||||||||||||
4-Oct-13 | ||||||||||||
Options | Awards | |||||||||||
Market and performance-based units outstanding | 858 | 1,014 | ||||||||||
Maximum shares that could be issued assuming the highest level of performance | 1,287 | 1,895 | ||||||||||
Market and performance-based shares expected to vest | 620 | 942 | ||||||||||
Amount to be recognized as compensation cost over the performance period (in thousands): | $ 1,625 | $ 5,416 | ||||||||||
Loss_Earnings_Per_Share
(Loss) Earnings Per Share | 9 Months Ended | ||||||||
Oct. 04, 2013 | |||||||||
Earnings (Loss) Per Share | ' | ||||||||
Earnings (Loss)Per Share | ' | ||||||||
Note 10 — (Loss) Earnings Per Share | |||||||||
The following table sets forth the computation of basic and diluted (loss) earnings per share (in thousands, except per share amounts): | |||||||||
Quarter ended | Three quarters ended | ||||||||
4-Oct-13 | 28-Sep-12 | 4-Oct-13 | 28-Sep-12 | ||||||
Numerator: | |||||||||
Net (loss) income to common shareholders | $ (8,178) | $ 1,983 | $ (4,654) | $ (15,829) | |||||
Denominator: | |||||||||
Denominator for basic (loss) earnings per share—weighted average common shares | 127,339 | 127,540 | 126,972 | 127,221 | |||||
Effect of Options and Awards | - | 22 | - | - | |||||
Denominator for diluted (loss) earnings per share—adjusted weighted average common shares | 127,339 | 127,562 | 126,972 | 127,221 | |||||
(Loss) earnings per share: | |||||||||
Basic | $ (0.06) | $ 0.02 | $ (0.04) | $ (0.12) | |||||
Diluted | $ (0.06) | $ 0.02 | $ (0.04) | $ (0.12) | |||||
Anti-dilutive shares not included in the above calculations: | |||||||||
Awards | 4,673 | 3,629 | 4,673 | 3,629 | |||||
Options | 8,442 | 12,591 | 8,442 | 12,692 | |||||
Segment_Information
Segment Information | 9 Months Ended |
Oct. 04, 2013 | |
Segment Information [Abstract] | ' |
Segment Information | ' |
Note 11 — Segment Information | |
We report our results in one reportable segment. We design, develop, manufacture and market high-performance analog, mixed-signal and power management ICs. Our chief executive officer is our chief operating decision-maker. | |
Legal_Matters_And_Indemnificat
Legal Matters And Indemnifications | 9 Months Ended |
Oct. 04, 2013 | |
Legal Matters And Indemnifications [Abstract] | ' |
Legal Matters And Indemnifications | ' |
Note 12 — Legal Matters and Indemnifications | |
Legal Matters —A portion of our activities are subject to export control regulations by the U.S. Department of State (DOS) under the U.S. Arms Export Control Act (AECA) and International Traffic in Arms Regulations (ITAR 22 CFR 120-130). In September 2010, in response to a request for information, we disclosed to the Directorate of Defense Trade Controls (DDTC) information concerning export activities for the time frame 2005 through 2010. The DOS administers the DDTC authority under ITAR 22 CFR 120-130 to impose civil penalties and other administrative sanctions for violations, including debarment from engaging in the exporting of defense articles. In June of 2013, DDTC notified us of potential violations of the ITAR and that it is considering pursuing administrative proceedings under Part 128 of the ITAR. We are currently in the process of negotiating the terms of a Consent Agreement with the DTCC for purposes of settling this matter. The Consent Agreement would include, among other things, a penalty estimated to be between $6.0 million and $12.0 million, a portion of which would be suspended and eligible for credit based on qualified expenditures and investments made by the Company. The qualified expenditures are subject to the approval of the DTCC. During the quarter ended October 4, 2013, we recorded a charge of $6.0 million relating to this matter. The resolution of this matter will not result in debarment from engaging in the exporting of defense articles and will not impact our ability to transact business internationally. | |
We are currently party to various other claims and legal proceedings. In our opinion, no material loss is anticipated from such other claims and proceedings | |
Indemnifications — We incur indemnification obligations for intellectual property infringement claims related to our products. We accrue for known indemnification issues and estimate unidentified issues based on historical activity. | |
Basis_Of_Presentation_Policies
Basis Of Presentation (Policies) | 9 Months Ended |
Oct. 04, 2013 | |
Basis Of Presentation [Abstract] | ' |
Fiscal Period | ' |
We utilize a 52/53 week fiscal year, ending on the nearest Friday to December 31. Fiscal year 2013 is a 53 week period with an extra week included in our second quarter. Quarterly or annual periods vary from exact calendar quarters or years. | |
Fair_Value_Measurements_Tables
Fair Value Measurements (Tables) | 9 Months Ended | ||||||
Oct. 04, 2013 | |||||||
Fair Value Measurements [Abstract] | ' | ||||||
Fair Value Of Financial Assets And Liabilities | ' | ||||||
Fair value as of October 4, 2013 using: | |||||||
Total | Quoted prices in active markets for identical assets (Level 1) | Significant other observable inputs (Level 2) | |||||
Assets | |||||||
Other non-current assets: | |||||||
Deferred compensation investments | $ 11,354 | $ 736 | $ 10,618 | ||||
Total assets measured at fair value | $ 11,354 | $ 736 | $ 10,618 | ||||
Fair value as of December 28, 2012 using: | |||||||
Total | Quoted prices in active markets for identical assets (Level 1) | Significant other observable inputs (Level 2) | |||||
Assets | |||||||
Short-term investments: | |||||||
Bank time deposits | $ 4,751 | $ - | $ 4,751 | ||||
Other non-current assets: | |||||||
Deferred compensation investments | $ 11,070 | $ 342 | $ 10,728 | ||||
Total assets measured at fair value | $ 15,821 | $ 342 | $ 15,479 | ||||
Inventories_Tables
Inventories (Tables) | 9 Months Ended | ||||
Oct. 04, 2013 | |||||
Inventories [Abstract] | ' | ||||
Schedule Of Inventories | ' | ||||
As of | As of | ||||
4-Oct-13 | 28-Dec-12 | ||||
Finished products | $ 15,790 | $ 25,230 | |||
Work in process | 47,650 | 46,739 | |||
Raw materials | 2,922 | 2,899 | |||
Total inventories | $ 66,362 | $ 74,868 | |||
Goodwill_And_Purchased_Intangi1
Goodwill And Purchased Intangibles (Tables) | 9 Months Ended | ||||||
Oct. 04, 2013 | |||||||
Goodwill And Purchased Intangibles [Abstract] | ' | ||||||
Summary Of Changes In Net Goodwill Balance For Reportable Segment | ' | ||||||
Gross goodwill balance as of December 28, 2012 | $ 1,720,100 | ||||||
Impairment charge (recorded in 2008) | -1,154,676 | ||||||
Goodwill balance as of December 28, 2012 and October 4, 2013 | $ 565,424 | ||||||
Purchased Intangibles | ' | ||||||
As of October 4, 2013 | |||||||
Definite-lived: developed technologies | Definite-lived: other | Total purchased intangibles | |||||
Gross carrying amount | $ 105,981 | $ 48,600 | $ 154,581 | ||||
Accumulated amortization | 65,178 | 27,200 | 92,378 | ||||
Purchased intangibles, net | $ 40,803 | $ 21,400 | $ 62,203 | ||||
As of December 28, 2012 | |||||||
Definite-lived: developed technologies | Definite-lived: other | Total purchased intangibles | |||||
Gross carrying amount | $ 113,533 | $ 53,020 | $ 166,553 | ||||
Accumulated amortization | 58,303 | 25,252 | 83,555 | ||||
Purchased intangibles, net | $ 55,230 | $ 27,768 | $ 82,998 | ||||
Expected Amortization Expense | ' | ||||||
To be recognized in: | |||||||
Fiscal year 2013, remaining | $ 5,560 | ||||||
Fiscal year 2014 | 22,242 | ||||||
Fiscal year 2015 | 16,717 | ||||||
Fiscal year 2016 | 9,010 | ||||||
Fiscal year 2017 | 6,757 | ||||||
Thereafter | 1,917 | ||||||
Total expected amortization expense | $ 62,203 | ||||||
Restructuring_Tables
Restructuring (Tables) | 9 Months Ended | ||||||||
Oct. 04, 2013 | |||||||||
Restructuring [Abstract] | ' | ||||||||
Summary of Other Accrued Liabilities Relating to Restructuring | ' | ||||||||
Restructuring activity from the July 2013 plan | Restructuring activity from the February 2013 plan | Restructuring activity from plans initiated in 2012 | Combined plans | ||||||
Balance as of December 28, 2012 | $ - | $ - | $ 1,053 | $ 1,053 | |||||
Costs incurred | |||||||||
Severance costs | 6,327 | 12,435 | 70 | 18,832 | |||||
Lease exit costs | 1,112 | 897 | 13 | 2,022 | |||||
Other costs | 1,304 | 6,532 | 4 | 7,840 | |||||
Cash payments | |||||||||
Severance payments | -3,051 | -9,702 | -364 | -13,117 | |||||
Lease exit payments | -28 | -853 | -224 | -1,105 | |||||
Other payments | -130 | -389 | -163 | -682 | |||||
Non-cash items in restructuring | -1,174 | -6,145 | - | -7,319 | |||||
Balance as of October 4, 2013 | $ 4,360 | $ 2,775 | $ 389 | $ 7,524 | |||||
Income_Taxes_Tables
Income Taxes (Tables) | 9 Months Ended | ||
Oct. 04, 2013 | |||
Income Taxes [Abstract] | ' | ||
Summary Of Activity In Unrecognized Tax Benefits Resulting From Uncertain Tax Positions | ' | ||
Beginning balance (includes $5,327 of interest and penalties as of December 28, 2012) | $ 112,900 | ||
Increases related to prior year tax positions | 10,546 | ||
Settlements with tax authorities | -23,859 | ||
Ending balance (includes $6,891 of interest and penalties as of October 4, 2013) | $ 99,587 | ||
Common_Stock_and_Dividends_Tab
Common Stock and Dividends (Tables) | 9 Months Ended | |
Oct. 04, 2013 | ||
Shareholders' Equity [Abstract] | ' | |
Share Activity For Class A Common Stock | ' | |
Balance as of December 28, 2012 | 126,250 | |
Shares issued under stock plans, net of shares withheld for taxes | 1,429 | |
Balance as of October 4, 2013 | 127,679 | |
EquityBased_Compensation_Table
Equity-Based Compensation (Tables) | 9 Months Ended | |||||||||||
Oct. 04, 2013 | ||||||||||||
Equity-Based Compensation [Abstract] | ' | |||||||||||
Fair Value Assumptions In Lattice Model For Options Awarded | ' | |||||||||||
Three quarters ended | ||||||||||||
4-Oct-13 | 28-Sep-12 | |||||||||||
Weighted-average volatility | 38.20% | 39.40% | ||||||||||
Weighted-average dividend yield | 5.70% | 4.30% | ||||||||||
Weighted-average risk-free interest rate | 0.60% | 0.90% | ||||||||||
Weighted-average expected life, in years | 2.6 | 5 | ||||||||||
Summary Of Weighted-Average Fair Value Compensation Cost Per Share Of Awards Granted | ' | |||||||||||
Three quarters ended | ||||||||||||
4-Oct-13 | 28-Sep-12 | |||||||||||
Options | $ 1.67 | $ 2.80 | ||||||||||
Awards | $ 8.45 | $ 9.84 | ||||||||||
Aggregate | $ 7.79 | $ 6.32 | ||||||||||
Equity-Based Compensation Summary | ' | |||||||||||
Options | Awards | Aggregate information | ||||||||||
Shares | Weighted-average exercise price | Weighted-average remaining contract lives | Shares | Aggregate intrinsic value | Aggregate unrecognized compensation cost | |||||||
(in thousands) | (per share) | (in years) | (in thousands) | (in thousands) | (in thousands) | |||||||
Outstanding as of December 28, 2012 | 11,946 | $ 14.9 | 3.7 | 3,367 | ||||||||
Granted | 340 | 8.4 | 6.5 | 3,169 | ||||||||
Exercised (1) | -82 | 7.8 | 3.1 | -884 | ||||||||
Canceled | -3,761 | 15.5 | 2.5 | -979 | ||||||||
Outstanding as of October 4, 2013 | 8,442 | $ 13.6 | 3.2 | 4,673 | $ 54,554 | $ 24,213 | ||||||
As of October 4, 2013 | ||||||||||||
Exercisable/vested (1) | 6,613 | $ 14.1 | 2.9 | 74 | $ 3,172 | |||||||
Number vested and expected to ultimately vest | 8,309 | $ 13.6 | 3.2 | 3,617 | $ 42,811 | |||||||
(1) Awards exercised are those that have reached full vested status and have been delivered to the recipients as a taxable event due to elective deferral, available in the case of deferred stock units. Deferred stock units for which the deferral is elected timely are vested but still outstanding as Awards. Total un-issued shares related to deferred stock units as of October 4, 2013 were 73,851 shares as shown in the Awards column as Exercisable/vested. | ||||||||||||
Equity-Based Compensation, Additional Disclosures | ' | |||||||||||
Additional Disclosures | Three quarters ended | |||||||||||
4-Oct-13 | 28-Sep-12 | |||||||||||
(in thousands) | ||||||||||||
Shares issued under the employee stock purchase plan | 408 | 813 | ||||||||||
Aggregate intrinsic value of Options exercised | $ 148 | $ 208 | ||||||||||
Equity-Based Compensation Expense | ' | |||||||||||
Quarter ended | Three quarters ended | |||||||||||
4-Oct-13 | 28-Sep-12 | 4-Oct-13 | 28-Sep-12 | |||||||||
By statement of operations line item | ||||||||||||
Cost of revenue | $ 324 | $ 360 | $ 1,089 | $ 1,289 | ||||||||
Research and development | 1,691 | 2,314 | 6,135 | 9,077 | ||||||||
Selling, general and administrative | 2,272 | 2,626 | 7,999 | 8,923 | ||||||||
By stock type | ||||||||||||
Options | $ 1,078 | $ 2,070 | $ 4,102 | $ 7,434 | ||||||||
Awards | 2,965 | 3,023 | 10,353 | 10,987 | ||||||||
Employee stock purchase plan | 244 | 207 | 768 | 868 | ||||||||
As of October 4, 2013 | As of December 28, 2012 | |||||||||||
Equity-based compensation capitalized in inventory (in thousands): | $ 384 | $ 330 | ||||||||||
Performance-Based Grants | ' | |||||||||||
As of | ||||||||||||
4-Oct-13 | ||||||||||||
Options | Awards | |||||||||||
Market and performance-based units outstanding | 858 | 1,014 | ||||||||||
Maximum shares that could be issued assuming the highest level of performance | 1,287 | 1,895 | ||||||||||
Market and performance-based shares expected to vest | 620 | 942 | ||||||||||
Amount to be recognized as compensation cost over the performance period (in thousands): | $ 1,625 | $ 5,416 | ||||||||||
Loss_Earnings_Per_Share_Tables
(Loss) Earnings Per Share (Tables) | 9 Months Ended | ||||||||
Oct. 04, 2013 | |||||||||
Earnings (Loss) Per Share | ' | ||||||||
Computation Of Basic And Diluted (Loss) Earnings Per Share | ' | ||||||||
Quarter ended | Three quarters ended | ||||||||
4-Oct-13 | 28-Sep-12 | 4-Oct-13 | 28-Sep-12 | ||||||
Numerator: | |||||||||
Net (loss) income to common shareholders | $ (8,178) | $ 1,983 | $ (4,654) | $ (15,829) | |||||
Denominator: | |||||||||
Denominator for basic (loss) earnings per share—weighted average common shares | 127,339 | 127,540 | 126,972 | 127,221 | |||||
Effect of Options and Awards | - | 22 | - | - | |||||
Denominator for diluted (loss) earnings per share—adjusted weighted average common shares | 127,339 | 127,562 | 126,972 | 127,221 | |||||
(Loss) earnings per share: | |||||||||
Basic | $ (0.06) | $ 0.02 | $ (0.04) | $ (0.12) | |||||
Diluted | $ (0.06) | $ 0.02 | $ (0.04) | $ (0.12) | |||||
Anti-dilutive shares not included in the above calculations: | |||||||||
Awards | 4,673 | 3,629 | 4,673 | 3,629 | |||||
Options | 8,442 | 12,591 | 8,442 | 12,692 | |||||
Investments_and_Fair_Value_Mea1
Investments and Fair Value Measurments (Narrative) (Details) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | |
Oct. 04, 2013 | Oct. 04, 2013 | Sep. 28, 2012 | Dec. 28, 2012 | |
Investments [Abstract] | ' | ' | ' | ' |
Recognized gains or losses on investments | $300,000 | $900,000 | $0 | ' |
Available-for-sale Securities, Gross Unrealized Gain (Loss) | ' | $0 | ' | $0 |
Investments_and_Fair_Value_Mea2
Investments and Fair Value Measurements (Details) (USD $) | Oct. 04, 2013 | Dec. 28, 2012 |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' |
Fair value measurement of assets | $11,354,000 | $15,821,000 |
Fair value transfers, assets | 0 | 0 |
Other Non-Current Assets [Member] | Deferred Compensation Investments | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' |
Fair value measurement of assets | 11,354,000 | 11,070,000 |
Bank Time Deposits [Member] | Short-term Investments [Member] | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' |
Fair value measurement of assets | ' | 4,751,000 |
Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' |
Fair value measurement of assets | 736,000 | 342,000 |
Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | Other Non-Current Assets [Member] | Deferred Compensation Investments | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' |
Fair value measurement of assets | 736,000 | 342,000 |
Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | Bank Time Deposits [Member] | Short-term Investments [Member] | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' |
Fair value measurement of assets | ' | ' |
Significant Other Observable Inputs (Level 2) [Member] | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' |
Fair value measurement of assets | 10,618,000 | 15,479,000 |
Significant Other Observable Inputs (Level 2) [Member] | Other Non-Current Assets [Member] | Deferred Compensation Investments | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' |
Fair value measurement of assets | 10,618,000 | 10,728,000 |
Significant Other Observable Inputs (Level 2) [Member] | Bank Time Deposits [Member] | Short-term Investments [Member] | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' |
Fair value measurement of assets | ' | $4,751,000 |
Inventories_Details
Inventories (Details) (USD $) | Oct. 04, 2013 | Dec. 28, 2012 |
In Thousands, unless otherwise specified | ||
Inventories [Abstract] | ' | ' |
Finished products | $15,790 | $25,230 |
Work in process | 47,650 | 46,739 |
Raw materials | 2,922 | 2,899 |
Total inventories | $66,362 | $74,868 |
Goodwill_And_Purchased_Intangi2
Goodwill And Purchased Intangibles (Narrative) (Details) (USD $) | 9 Months Ended |
In Millions, unless otherwise specified | Oct. 04, 2013 |
segment | |
Finite-Lived Intangible Assets [Line Items] | ' |
Number of Reportable Segments | 1 |
Impairment of Intangible Assets, Finite-lived | $1.80 |
Definite-Lived: Developed Technologies | ' |
Finite-Lived Intangible Assets [Line Items] | ' |
Finite Lived Intangible Asset Useful Life | '5 years |
Definite-Lived: Other | Minimum [Member] | ' |
Finite-Lived Intangible Assets [Line Items] | ' |
Finite Lived Intangible Asset Useful Life | '4 years |
Definite-Lived: Other | Maximum | ' |
Finite-Lived Intangible Assets [Line Items] | ' |
Finite Lived Intangible Asset Useful Life | '7 years |
Goodwill_And_Purchased_Intangi3
Goodwill And Purchased Intangibles (Summary Of Changes In Net Goodwill Balance For Reportable Segment) (Details) (USD $) | Oct. 04, 2013 | Dec. 28, 2012 |
In Thousands, unless otherwise specified | ||
Goodwill And Purchased Intangibles [Abstract] | ' | ' |
Gross goodwill balance as of December 28, 2012 | ' | $1,720,100 |
Accumulated impairment charge (recorded in 2008) | -1,154,676 | ' |
Goodwill balance as of December 28, 2012 and October 4, 2013 | $565,424 | $565,424 |
Goodwill_And_Purchased_Intangi4
Goodwill And Purchased Intangibles (Purchased Intangibles) (Details) (USD $) | Oct. 04, 2013 | Dec. 28, 2012 |
In Thousands, unless otherwise specified | ||
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Accumulated amortization | $92,378 | $83,555 |
Total expected amortization expense | 62,203 | ' |
Definite-Lived: Developed Technologies | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Gross carrying amount | 105,981 | 113,533 |
Accumulated amortization | 65,178 | 58,303 |
Total expected amortization expense | 40,803 | 55,230 |
Definite-Lived: Other | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Gross carrying amount | 48,600 | 53,020 |
Accumulated amortization | 27,200 | 25,252 |
Total expected amortization expense | 21,400 | 27,768 |
Total Purchased Intangibles [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Gross carrying amount | 154,581 | 166,553 |
Accumulated amortization | 92,378 | 83,555 |
Total expected amortization expense | $62,203 | $82,998 |
Goodwill_And_Purchased_Intangi5
Goodwill And Purchased Intangibles (Expected Amortization Expense) (Details) (USD $) | Oct. 04, 2013 |
In Thousands, unless otherwise specified | |
Goodwill And Purchased Intangibles [Abstract] | ' |
Fiscal year 2013, remaining | $5,560 |
Fiscal year 2014 | 22,242 |
Fiscal year 2015 | 16,717 |
Fiscal year 2016 | 9,010 |
Fiscal year 2017 | 6,757 |
Thereafter | 1,917 |
Total expected amortization expense | $62,203 |
Restructuring_Narrative_Detail
Restructuring (Narrative) (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 | |
Restructuring and related costs | $9,067,000 | $44,000 | $28,694,000 | $9,838,000 |
Restructuring and Related Cost, Number of Positions Eliminated, Period Percent | ' | ' | 18.00% | ' |
Restructuring activity from the February 2013 plan [member] | ' | ' | ' | ' |
Restructuring and related costs | ' | ' | 19,900,000 | ' |
Restructuring activity from the October 2013 plan [Member] | ' | ' | ' | ' |
Restructuring and Related Cost, Number of Positions Eliminated | ' | ' | 17 | ' |
Restructuring and Related Cost, Expected Cost | ' | ' | 500,000 | ' |
Restructuring activity from the July 2013 plan [Member] | ' | ' | ' | ' |
Restructuring and Related Cost, Number of Positions Eliminated | ' | ' | 150 | ' |
Restructuring and related costs | ' | ' | 8,700,000 | ' |
Restructuring activity from plans initiated in 2012 [Member] | ' | ' | ' | ' |
Restructuring and Related Cost, Expected Cost | ' | ' | $0 | ' |
Restructuring_Details
Restructuring (Details) (USD $) | 3 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||||||||||
In Thousands, unless otherwise specified | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Dec. 28, 2012 | Oct. 04, 2013 | Oct. 04, 2013 | Oct. 04, 2013 | Oct. 04, 2013 | Oct. 04, 2013 | Oct. 04, 2013 | Oct. 04, 2013 | Oct. 04, 2013 | Oct. 04, 2013 | Oct. 04, 2013 | Oct. 04, 2013 | Oct. 04, 2013 | Oct. 04, 2013 | Oct. 04, 2013 |
Restructuring activity from plans initiated in 2012 [Member] | Restructuring activity from plans initiated in 2012 [Member] | Restructuring activity from the February 2013 plan [member] | Restructuring activity from the July 2013 plan [Member] | Employee Severance [Member] | Employee Severance [Member] | Employee Severance [Member] | Employee Severance [Member] | Lease Exit [Member] | Lease Exit [Member] | Lease Exit [Member] | Lease Exit [Member] | Other Restructuring [Member] | Other Restructuring [Member] | Other Restructuring [Member] | Other Restructuring [Member] | |||||
Restructuring activity from plans initiated in 2012 [Member] | Restructuring activity from the February 2013 plan [member] | Restructuring activity from the July 2013 plan [Member] | Restructuring activity from plans initiated in 2012 [Member] | Restructuring activity from the February 2013 plan [member] | Restructuring activity from the July 2013 plan [Member] | Restructuring activity from plans initiated in 2012 [Member] | Restructuring activity from the February 2013 plan [member] | Restructuring activity from the July 2013 plan [Member] | ||||||||||||
Balance as of December 28, 2012 | ' | ' | $1,053 | ' | $389 | $1,053 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Restructuring Charges | 9,067 | 44 | 28,694 | 9,838 | ' | ' | 19,900 | 8,700 | 18,832 | 70 | 12,435 | 6,327 | 2,022 | 13 | 897 | 1,112 | 7,840 | 4 | 6,532 | 1,304 |
Restructuring Reserve Settled With Cash | ' | ' | ' | ' | ' | ' | ' | ' | -13,117 | -364 | -9,702 | -3,051 | -1,105 | -224 | -853 | -28 | -682 | -163 | -389 | -130 |
Restructuring Reserve, Settled without Cash | ' | ' | -7,319 | ' | ' | ' | -6,145 | -1,174 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Balance as of October 4, 2013 | $7,524 | ' | $7,524 | ' | $389 | $1,053 | $2,775 | $4,360 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income_Taxes_Narrative_Details
Income Taxes (Narrative) (Details) (USD $) | 3 Months Ended | 9 Months Ended | |
Oct. 04, 2013 | Oct. 04, 2013 | Sep. 28, 2012 | |
Income Taxes [Line Items] | ' | ' | ' |
Income Tax Expense From Tax Shortfalls Related to Share Based Compensation | $900,000 | $3,000,000 | $0 |
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | ' | 35.00% | ' |
Estimated Effective Income Tax Rate | ' | 82.00% | ' |
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount | ' | 5,700,000 | ' |
Provision for export compliance | 6,000,000 | 6,000,000 | ' |
Tax Year 2008-2009 [Member] | ' | ' | ' |
Income Taxes [Line Items] | ' | ' | ' |
Change in Unrecognized Tax Benefits Reasonably Possible, Amount of Unrecorded Benefit | 1,800,000 | 1,800,000 | ' |
Tax Year 2009-2010 [Member] | ' | ' | ' |
Income Taxes [Line Items] | ' | ' | ' |
Change in Unrecognized Tax Benefits Reasonably Possible, Amount of Unrecorded Benefit | 5,700,000 | 5,700,000 | ' |
Tax Year 2005-2007 [Member] | ' | ' | ' |
Income Taxes [Line Items] | ' | ' | ' |
Change in Unrecognized Tax Benefits Reasonably Possible, Amount of Unrecorded Benefit | 600,000 | 600,000 | ' |
Statute of Limitations [Member] | ' | ' | ' |
Income Taxes [Line Items] | ' | ' | ' |
Change in Unrecognized Tax Benefits Reasonably Possible, Amount of Unrecorded Benefit | 3,000,000 | 3,000,000 | ' |
Interest [Member] | ' | ' | ' |
Income Taxes [Line Items] | ' | ' | ' |
Tax Adjustments Settlements And Unusual Provisions | ' | 800,000 | ' |
Payments For Amended Returns [Member] | ' | ' | ' |
Income Taxes [Line Items] | ' | ' | ' |
Tax Adjustments Settlements And Unusual Provisions | ' | 500,000 | ' |
Additional Tax [Member] | ' | ' | ' |
Income Taxes [Line Items] | ' | ' | ' |
Tax Adjustments Settlements And Unusual Provisions | ' | 6,700,000 | ' |
Cash Payment Settlement [Member] | ' | ' | ' |
Income Taxes [Line Items] | ' | ' | ' |
Tax Adjustments Settlements And Unusual Provisions | ' | 7,500,000 | ' |
Tax Asset Utilization [Member] | ' | ' | ' |
Income Taxes [Line Items] | ' | ' | ' |
Tax Adjustments Settlements And Unusual Provisions | ' | $15,900,000 | ' |
Income_Taxes_And_Deferred_Cred
Income Taxes And Deferred Credits (Summary Of Activity In Unrecognized Tax Benefits Resulting From Uncertain Tax Positions) (Details) (USD $) | 9 Months Ended | |
In Thousands, unless otherwise specified | Oct. 04, 2013 | Dec. 28, 2012 |
Deferred Income Taxes and Tax Credits [Abstract] | ' | ' |
Beginning balance | $112,900 | ' |
Increases related to prior year tax positions | 10,546 | ' |
Settlements with tax authorities | -23,859 | ' |
Ending balance | 99,587 | ' |
Interest and penalties | $6,891 | $5,327 |
LongTerm_Debt_Narrative_Detail
Long-Term Debt (Narrative) (Details) (USD $) | 1 Months Ended | 9 Months Ended | ||
Sep. 30, 2011 | Oct. 04, 2013 | Sep. 28, 2012 | Dec. 28, 2012 | |
Debt Instrument [Line Items] | ' | ' | ' | ' |
Term of credit facility | '5 years | ' | ' | ' |
Senior secured revolving credit facility | ' | $325,000,000 | ' | ' |
Facility maturity date | ' | 1-Sep-16 | ' | ' |
Outstanding letters of credit | ' | 1,400,000 | ' | 2,200,000 |
Revolving credit facility | ' | 0 | ' | ' |
Cash paid for interest | ' | ' | 3,100,000 | ' |
Standby Letters of Credit | ' | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' | ' |
Senior secured revolving credit facility | ' | 25,000,000 | ' | ' |
Swing Line Loans | ' | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' | ' |
Senior secured revolving credit facility | ' | 10,000,000 | ' | ' |
Multicurrency Borrowings | ' | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' | ' |
Senior secured revolving credit facility | ' | $50,000,000 | ' | ' |
Common_Stock_and_Dividends_Nar
Common Stock and Dividends (Narrative) (Details) (USD $) | 0 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||
In Millions, except Share data, unless otherwise specified | Aug. 06, 2011 | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 | Dec. 28, 2012 |
Shareholders' Equity [Abstract] | ' | ' | ' | ' | ' | ' |
Quarterly dividend declared per share | ' | $0.12 | $0.12 | $0.36 | $0.36 | ' |
Paid dividends | ' | $15.30 | ' | ' | ' | ' |
Stock repurchase program, authorized amount | $50 | ' | ' | ' | ' | ' |
Number of shares repurchased and retired | ' | ' | ' | 0 | ' | 1,900,000 |
Treasury Stock Acquired, Average Cost Per Share | ' | ' | ' | ' | ' | $8.03 |
Common_Stock_and_Dividends_Sha
Common Stock and Dividends (Share Activity For Class A Common Stock) (Details) | Oct. 04, 2013 | Dec. 28, 2012 | Oct. 04, 2013 |
Common Class A [Member] | |||
Class of Stock [Line Items] | ' | ' | ' |
Balance as of December 28, 2012 | 127,679,012 | 126,249,768 | ' |
Stock Issued During Period Shares Share Based Compensation | ' | ' | 1,429,000 |
Balance as of Octobber 4, 2013 | 127,679,012 | 126,249,768 | ' |
EquityBased_Compensation_Fair_
Equity-Based Compensation (Fair Value Assumptions In Lattice Model For Options Awarded) (Details) | 9 Months Ended | |
Oct. 04, 2013 | Sep. 28, 2012 | |
Equity-Based Compensation [Abstract] | ' | ' |
Weighted-average volatility | 38.20% | 39.40% |
Weighted-average dividend yield | 5.70% | 4.30% |
Weighted-average risk-free interest rate | 0.60% | 0.90% |
Weighted-average expected life, in years | '2 years 7 months 6 days | '5 years |
EquityBased_Compensation_Summa
Equity-Based Compensation (Summary Of Weighted-Average Fair Value Compensation Cost Per Share Of Awards Granted) (Details) (USD $) | 9 Months Ended | |
Oct. 04, 2013 | Sep. 28, 2012 | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Aggregate, weighted-average fair value compensation cost per share of restricted and deferred stock awards | $7.79 | $6.32 |
Options | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Weighted-average fair value compensation cost per share of restricted and deferred stock awards | $1.67 | $2.80 |
Awards [Member] | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' |
Weighted-average fair value compensation cost per share of restricted and deferred stock awards | $8.45 | $9.84 |
EquityBased_Compensation_Equit
Equity-Based Compensation (Equity Based Compensation Summary) (Details) (USD $) | 9 Months Ended | 12 Months Ended | |
In Millions, except Share data, unless otherwise specified | Oct. 04, 2013 | Dec. 28, 2012 | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | |
Shares, Outstanding as of December 28, 2012 | 11,946,000 | ' | |
Shares, Granted | 340,000 | ' | |
Shares, Exercised | -82,000 | [1] | ' |
Shares, Canceled | -3,761,000 | ' | |
Shares, Outstanding as of October 4, 2013 | 8,442,000 | 11,946,000 | |
Shares, Exercisable/vested | 6,613,000 | [1] | ' |
Shares, Number vested and expected to ultimately vest | 8,309,000 | ' | |
Options, Weighted-average exercise price (per share), Outstanding as of December 28, 2012 | $14.90 | ' | |
Options, Weighted-average exercise price (per share), Granted | $8.40 | ' | |
Options, Weighted-average exercise price (per share), Exercised | $7.80 | [1] | ' |
Options, Weighted-average exercise price (per share), Canceled | $15.50 | ' | |
Options, Weighted-average exercise price (per share), Outstanding as of October 4, 2013 | $13.60 | $14.90 | |
Options, Weighted-average exercise price (per share), Exercisable/vested | $14.10 | [1] | ' |
Options, Weighted-average exercise price (per share), Number vested and expected to ultimately vest | $13.60 | ' | |
Options, Weighted-average remaining contract lives (in years), Outstanding as of December 28, 2012 | '3 years 2 months 12 days | '3 years 8 months 12 days | |
Options, Weighted-average remaining contract lives (in years), Granted | '6 years 6 months 0 days | ' | |
Options, Weighted-average remaining contract lives (in years), Exercised | '3 years 1 month 6 days | [1] | ' |
Options, Weighted-average remaining contract lives (in years), Canceled | '2 years 6 months 0 days | ' | |
Options, Weighted-average remaining contract lives (in years), Outstanding as of October 4, 2013 | '3 years 2 months 12 days | '3 years 8 months 12 days | |
Options, Weighted-average remaining contract lives (in years), Exercisable/vested | '2 years 10 months 24 days | [1] | ' |
Options, Weighted-average remaining contract lives (in years), Number vested and expected to ultimately vest | '3 years 2 months 12 days | ' | |
Awards, Shares, Outstanding as of December 28, 2012 | 3,367,000 | ' | |
Awards, Shares, Granted | 3,169,000 | ' | |
Awards, Shares, Exercised | -884,000 | [1] | ' |
Awards, Shares, Canceled | -979,000 | ' | |
Awards, Shares, Outstanding as of October 4, 2013 | 4,673,000 | 3,367,000 | |
Awards, Shares, Exercisable/Vested | 74,000 | [1] | ' |
Awards, Shares, Number vested and expected to ultimately vest | 3,617,000 | ' | |
Aggregate intrinsic value, Outstanding as of October 4, 2013 | $54,554 | ' | |
Aggregate intrinsic value, Exercisable/vested | 3,172 | [1] | ' |
Aggregate intrinsic value, Number vested and expected to ultimately vest | 42,811 | ' | |
Aggregate unrecognized compensation cost, Outstanding as of October 4,2013 | $24,213 | ' | |
Awards [Member] | ' | ' | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | |
Shares, Exercisable/vested | 73,851 | ' | |
[1] | Awards exercised are those that have reached full vested status and have been delivered to the recipients as a taxable event due to elective deferral, available in the case of deferred stock units. Deferred stock units for which the deferral is elected timely are vested but still outstanding as Awards. Total un-issued shares related to deferred stock units as of October 4, 2013 were 73,851 shares as shown in the Awards column as Exercisable/vested. |
EquityBased_Compensation_Equit1
Equity-Based Compensation (Equity-Based Compensation, Additional Disclosures) (Details) (USD $) | 9 Months Ended | |
In Millions, except Share data in Thousands, unless otherwise specified | Oct. 04, 2013 | Sep. 28, 2012 |
Equity-Based Compensation [Abstract] | ' | ' |
Shares issued under the employee stock purchase plan | 408 | 813 |
Aggregate intrinsic value of stock options exercised | $148 | $208 |
EquityBased_Compensation_Equit2
Equity-Based Compensation (Equity-Based Compensation Expense) (Details) (USD $) | 9 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | ||||||||||||
In Thousands, unless otherwise specified | Oct. 04, 2013 | Dec. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 |
Options | Options | Options | Options | Restricted And Deferred Stock Awards [Member] | Restricted And Deferred Stock Awards [Member] | Restricted And Deferred Stock Awards [Member] | Restricted And Deferred Stock Awards [Member] | Employee Stock Purchase Plan [Member] | Employee Stock Purchase Plan [Member] | Employee Stock Purchase Plan [Member] | Employee Stock Purchase Plan [Member] | Cost Of Revenue [Member] | Cost Of Revenue [Member] | Cost Of Revenue [Member] | Cost Of Revenue [Member] | Research And Development [Member] | Research And Development [Member] | Research And Development [Member] | Research And Development [Member] | Selling, General And Administrative [Member] | Selling, General And Administrative [Member] | Selling, General And Administrative [Member] | Selling, General And Administrative [Member] | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Equity-based compensation expense | ' | ' | $1,078 | $2,070 | $4,102 | $7,434 | $2,965 | $3,023 | $10,353 | $10,987 | $244 | $207 | $768 | $868 | $324 | $360 | $1,089 | $1,289 | $1,691 | $2,314 | $6,135 | $9,077 | $2,272 | $2,626 | $7,999 | $8,923 |
Equity-based compensation capitalized in inventory | $384 | $330 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
EquityBased_Compensation_Narra
Equity-Based Compensation (Narrative) (Details) | Oct. 04, 2013 |
Minimum [Member] | ' |
Grants participants may receive from original grant | 0.00% |
Maximum | ' |
Grants participants may receive from original grant | 200.00% |
EquityBased_Compensation_Perfo
Equity-Based Compensation (Performance-Based Grants) (Details) (USD $) | 9 Months Ended |
In Millions, except Share data, unless otherwise specified | Oct. 04, 2013 |
Options | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' |
Performance-based units outstanding | 858,000 |
Maximum shares that could be issued assuming the highest level of performance | 1,287,000 |
Performance-based shares expected to vest | 620,000 |
Amount to be recognized as compensation cost over the performance period | $1,625 |
Awards [Member] | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' |
Performance-based units outstanding | 1,014,000 |
Maximum shares that could be issued assuming the highest level of performance | 1,895,000 |
Performance-based shares expected to vest | 942,000 |
Amount to be recognized as compensation cost over the performance period | $5,416 |
Loss_Earnings_Per_Share_Detail
(Loss) Earnings Per Share (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, except Per Share data, unless otherwise specified | Oct. 04, 2013 | Sep. 28, 2012 | Oct. 04, 2013 | Sep. 28, 2012 |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' | ' |
Net (loss) income to common shareholders | ($8,178) | $1,983 | ($4,654) | ($15,829) |
Denominator for basic earnings (loss) per share-weighted average common shares | 127,339 | 127,540 | 126,972 | 127,221 |
Effect of stock options and awards | 0 | 22 | 0 | 0 |
Denominator for diluted earnings (loss) per share adjusted-weighted average common shares | 127,339 | 127,562 | 126,972 | 127,221 |
Basic | ($0.06) | $0.02 | ($0.04) | ($0.12) |
Diluted | ($0.06) | $0.02 | ($0.04) | ($0.12) |
Awards [Member] | ' | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' | ' |
Anti-dilutive shares not included in the above calculations | 4,673 | 3,629 | 4,673 | 3,629 |
Options | ' | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' | ' |
Anti-dilutive shares not included in the above calculations | 8,442 | 12,591 | 8,442 | 12,692 |
Segment_Information_Details
Segment Information (Details) | 9 Months Ended |
Oct. 04, 2013 | |
segment | |
Segment Information [Abstract] | ' |
Number of reportable segments | 1 |
Legal_Matters_And_Indemnificat1
Legal Matters And Indemnifications (Details) (USD $) | 3 Months Ended | 9 Months Ended |
Oct. 04, 2013 | Oct. 04, 2013 | |
Provision for export compliance | $6,000,000 | $6,000,000 |
Other Claims [Member] | ' | ' |
Losses from claims and proceedings | 0 | 0 |
Unfavorable Regulatory Action [Member] | ' | ' |
Loss Contingency, Range of Possible Loss, Minimum | 6,000,000 | 6,000,000 |
Loss Contingency, Range of Possible Loss, Maximum | $12,000,000 | $12,000,000 |