Intersil (ISIL) 10-Q 8 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Apr. 04, 2014	2-May-14
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	4-Apr-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Trading Symbol	'ISIL	'
Entity Registrant Name	'INTERSIL CORP/DE	'
Entity Central Index Key	'0001096325	'
Current Fiscal Year End Date	'--01-02	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	128,775,368

Condensed_Consolidated_Stateme

Condensed Consolidated Statements Of Income (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Apr. 04, 2014	Mar. 29, 2013
Condensed Consolidated Statements Of Operations [Abstract]	'	'
Revenue	$140,056	$131,724
Cost of revenue	61,151	60,791
Gross margin	78,905	70,933
Operating costs and expenses:	'	'
Research and development	31,799	37,348
Selling, general and administrative	22,768	30,385
Amortization of purchased intangibles	5,560	6,496
Provision for export compliance settlement	4,000	'
Restructuring and related costs	'	16,834
Operating income (loss)	14,778	-20,130
Interest expense and fees, net	-488	-641
Gain on investments, net	364	457
Income (loss) before income taxes	14,654	-20,314
Income tax expense (benefit)	4,649	-22,836
Net income	$10,005	$2,522
Earnings per share:	'	'
Basic	$0.08	$0.02
Diluted	$0.08	$0.02
Cash dividends declared per common share	$0.12	$0.12
Weighted average common shares outstanding	'	'
Basic	127,819	126,336
Diluted	129,389	126,568

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements Of Comprehensive Income (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 04, 2014	Mar. 29, 2013
Condensed Consolidated Statements Of Comprehensive (Loss) Income [Abstract]	'	'
Net income	$10,005	$2,522
Currency translation adjustments	-45	-827
Comprehensive income	$9,960	$1,695

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Apr. 04, 2014	Jan. 03, 2014
In Thousands, unless otherwise specified
Current Assets	'	'
Cash and cash equivalents	$197,336	$194,787
Trade receivables, net of allowances ($15,554 as of April 4, 2014 and $14,274 as of January 3, 2014)	52,830	49,466
Inventories	61,877	62,408
Prepaid expenses and other current assets	10,353	10,843
Deferred income taxes assets	15,808	22,328
Total Current Assets	338,204	339,832
Non-current Assets	'	'
Property, plant & equipment, net of accumulated depreciation ($251,247 as of April 4, 2014 and $246,480 as of January 3, 2014)	77,958	81,867
Purchased intangibles, net of accumulated amortization ($82,819 as of April 4, 2014 and $97,939 as of January 3, 2014)	51,081	56,641
Goodwill	565,424	565,424
Deferred income tax assets	56,543	73,008
Other non-current assets	73,414	74,624
Total Non-current Assets	824,420	851,564
Total Assets	1,162,624	1,191,396
Current Liabilities	'	'
Trade payables	25,901	26,248
Accrued compensation	43,653	42,014
Deferred income	10,048	11,936
Other accrued expenses and liabilities	32,377	35,103
Income taxes payable	11,036	14,588
Total Current Liabilities	123,015	129,889
Non-current Liabilities	'	'
Income taxes payable	71,703	90,102
Other non-current liabilities	12,066	13,603
Total Non-current Liabilities	83,769	103,705
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; 128,581,813 shares issued and outstanding as of April 4, 2014 and 127,714,810 shares issued and outstanding as of January 3, 2014	1,286	1,277
Additional paid-in capital	1,608,802	1,620,732
Accumulated deficit	-656,930	-666,935
Accumulated other comprehensive income	2,682	2,728
Total Shareholders' Equity	955,840	957,802
Total Liabilities and Shareholders' Equity	$1,162,624	$1,191,396

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Apr. 04, 2014	Jan. 03, 2014
In Thousands, except Share data, unless otherwise specified
Condensed Consolidated Balance Sheets [Abstract]	'	'
Trade receivables, allowances	$15,554	$14,274
Property, plant and equipment, accumulated depreciation	251,247	246,480
Purchased intangibles, accumulated amortization	$82,819	$97,939
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	128,581,813	127,714,810
Class A common stock, shares outstanding	128,581,813	127,714,810

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements Of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 04, 2014	Mar. 29, 2013
Operating Activities	'	'
Net income	$10,005	$2,522
Adjustments to reconcile net income to net cash flows from operating activities:	'	'
Depreciation and amortization	10,370	12,148
Equity-based compensation	3,709	5,350
Tax effect and excess tax benefit of equity-based awards	-316	-326
Gain on long-term investments	-268	'
Deferred income taxes	22,985	-1,113
Changes in operating assets and liabilities	'	'
Trade receivables	-3,364	2,268
Inventories	531	2,286
Prepaid expenses and other current assets	374	1,992
Trade payables and accrued liabilities	-3,607	9,478
Income taxes	-21,838	-18,771
Other, net	-724	316
Net cash flows from operating activities	17,857	16,150
Investing Activities	'	'
Proceeds from recovery of long-term investments	268	'
Purchase of property, plant and equipment	-784	-5,281
Net cash flows from investing activities	-516	-5,281
Financing Activities	'	'
Proceeds, net of taxes withheld, and excess tax benefit received from equity-based awards	488	2,895
Dividends paid	-15,371	-15,283
Net cash used in financing activities	-14,883	-12,388
Effect of exchange rates on cash and cash equivalents	91	-803
Net change in cash and cash equivalents	2,549	-2,322
Cash and cash equivalents at the beginning of the period	194,787	158,810
Cash and cash equivalents at the end of the period	$197,336	$156,488

Basis_Of_Presentation

Basis Of Presentation	3 Months Ended
	Apr. 04, 2014
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”) is a leading provider of innovative power management and precision analog solutions. Our products address some of the largest markets within the industrial and infrastructure, personal computing and high-end consumer 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 January 3, 2014 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 January 3, 2014.
	We utilize a 52/53 week fiscal year, ending on the nearest Friday to December 31. The next 53 week period will be in the second quarter of our fiscal year 2018. Quarterly or annual periods vary from exact calendar quarters or years.
	Certain prior year amounts have been reclassified to conform to current year presentation.

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	Apr. 04, 2014
Fair Value Measurements [Abstract]	'
Fair Value Measurements	'
	Note 2 — 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 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 using these input levels (in thousands):
		Fair value as of April 4, 2014 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	$                     11,353	$                          171	$                   11,182
	Total assets measured at fair value	$                     11,353	$                          171	$                   11,182
		Fair value as of January 3, 2014 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	$                     11,579	$                          491	$                   11,088
	Total assets measured at fair value	$                     11,579	$                          491	$                   11,088
	There were no transfers into or out of Level 1 or Level 2 financial assets during the quarters ended April 4, 2014 and March 29, 2013.

Inventories

Inventories	3 Months Ended
	Apr. 04, 2014
Inventories [Abstract]	'
Inventories	'
	Note 3 — Inventories
	Inventories are summarized below (in thousands):
		As of	As of
		4-Apr-14	3-Jan-14
	Finished products	$                 19,640	$                   20,783
	Work in process	39,932	38,759
	Raw materials	2,305	2,866
	Total inventories	$                 61,877	$                   62,408

Goodwill_And_Purchased_Intangi

Goodwill And Purchased Intangibles	3 Months Ended
	Apr. 04, 2014
Goodwill And Purchased Intangibles [Abstract]	'
Goodwill And Purchased Intangibles	'
	Note 4 — Goodwill and Purchased Intangibles
	Goodwill — We perform 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. There was no change in the carrying value of goodwill during the quarter ended April 4, 2014.
	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 primarily of customer relationships and other identifiable assets, which have an estimated useful life of four to seven years (in thousands).
		As of April 4, 2014
		Definite-lived: developed technologies		Definite-lived: other	Total purchased intangibles
	Gross carrying amount	$                     89,700		$                     44,200	$                   133,900
	Accumulated amortization	56,000		26,819	82,819
	Purchased intangibles, net	$                     33,700		$                     17,381	$                     51,081
		As of January 3, 2014
		Definite-lived: developed technologies		Definite-lived: other	Total purchased intangibles
	Gross carrying amount	$                   105,981		$                     48,599	$                   154,580
	Accumulated amortization	68,730		29,209	97,939
	Purchased intangibles, net	$                     37,251		$                     19,390	$                     56,641
	Expected amortization expense by year to the end of the current amortization schedule is as follows (in thousands):
	To be recognized in:
	Fiscal year 2014, remaining		$             16,681
	Fiscal year 2015		16,717
	Fiscal year 2016		9,010
	Fiscal year 2017		6,757
	Fiscal year 2018		1,916
	Total expected amortization expense		$             51,081

Restructuring_and_Related_Cost

Restructuring and Related Costs	3 Months Ended
	Apr. 04, 2014
Restructuring [Abstract]	'
Restructuring and Related Costs	'
	Note 5 — Restructuring and Related Costs
	Our restructuring plans have been described in prior period filings. During the quarter ended April 4, 2014 no new restructuring plans were initiated.
	The restructuring and related costs balance as of the period ended April 4, 2014 primarily relates to the July 2013 plan. The amounts below relating to the restructuring are included in other accrued expenses and liabilities on our consolidated balance sheets (in thousands):
		Combined plans
	Balance as of January 3, 2014	$                   6,063
	Costs incurred
	Severance, leases and other charges, net of adjustments	75
	Cash payments
	Severance payments	-3,971
	Lease exit payments	-332
	Other payments	-61
	Balance as of April 4, 2014	$                   1,774

Income_Taxes

Income Taxes	3 Months Ended
	Apr. 04, 2014
Income Taxes [Abstract]	'
Income Taxes	'
	Note 6 — Income Taxes
	During the quarter ended April 4, 2014, we adopted Accounting Standards Update (ASU) No. 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists ("ASU 2013-11"). ASU 2013-11 clarifies that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if such settlement is required or expected in the event the uncertain tax position is disallowed. Adoption of this standard resulted in a $23.5 million decrease to our deferred tax assets and income tax payable.
	The table below summarizes activity in unrecognized tax benefits (“UTBs”) (in thousands):
	Beginning balance (includes $7,102 of interest and penalties as of January 3, 2014)	$               99,343
	Increases related to prior year tax positions	741
	Settlements with tax authorities	-4
	Ending balance (includes $7,696 of interest and penalties as of April 4, 2014)	$             100,080
	The increases related to prior year tax positions were primarily due to accrued interest on the UTBs.
	Within the next 12 months, we estimate that our UTB balance will be reduced by $0.6 million related to the state tax impact of the settlement with the IRS for tax years 2005-2007, $1.3 million related to the state tax impact of the settlement with the IRS for tax years 2008- 2009, $0.1 million due to the expiration of the statute of limitation on certain items, and $7.5 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 equity-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 unaudited condensed consolidated statements of income. During the quarter ended April 4, 2014, we recognized $0.4 million, of income tax expense resulting from tax deficiencies related to equity-based compensation in our unaudited condensed consolidated statements of income. During the quarter ended March 29, 2013, we recognized $0.6 million of income tax expense resulting from tax deficiencies related to equity-based compensation in our unaudited condensed consolidated statements of income.

LongTerm_Debt

Long-Term Debt	3 Months Ended
	Apr. 04, 2014
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 did not have any outstanding borrowings against the Facility as of April 4, 2014 or January 3, 2014.
	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 April 4, 2014 and January 3, 2014. The standby letters of credit are secured by pledged deposits.

Common_Stock_And_Dividends

Common Stock And Dividends	3 Months Ended
	Apr. 04, 2014
Common Stock And Dividends [Abstract]	'
Common Stock And Dividends	'
	Note 8 — Common Stock and Dividends
	Dividends —On January 29, 2014, our Board of Directors declared a dividend of $0.12 per share of common stock resulting in paid dividends of $15.4 million on February 28, 2014, to shareholders of record as of the close of business on February 18, 2014. On April 30, 2014, our Board of Directors declared a dividend of $0.12 per share of common stock to be paid on May 30, 2014, to shareholders of record as of the close of business on May 20, 2014.
	Class A Common Stock — Share activity for Class A common stock since January 3, 2014 (in thousands):
	Balance as of January 3, 2014	127,715
	Shares issued under stock plans, net of shares withheld for taxes	867
	Balance as of April 4, 2014	128,582

EquityBased_Compensation

Equity-Based Compensation	3 Months Ended
	Apr. 04, 2014
Equity-Based Compensation [Abstract]	'
Equity-Based Compensation	'
	Note 9 — Equity-based Compensation
	The following table represents the weighted-average fair value compensation cost per share of restricted and deferred stock awards (“Awards”) granted:
			Quarter ended
			4-Apr-14		29-Mar-13
	Awards		$              13.36		$                8.61
	Equity-based Compensation Summary — The following table presents information about Options and Awards as of April 4, 2014 and activity for the quarter 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 January 3, 2014	7,496		$               13.5		3.3	4,604
	Granted	-		-		-	1,766
	Exercised (1)	-194		11.9		1.2	-841
	Canceled	-488		22.4		0.1	-86
	Outstanding as of April 4, 2014	6,814		$               12.9		3.3	5,443	$           75,037	$           34,386
	As of April 4, 2014
	Exercisable/vested (1)	5,742		$               13.1		3.0	69	$             5,872
	Number vested and expected to ultimately vest	6,696		$               12.9		3.3	4,543	$           63,474
	(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 April 4, 2014 were 69,289 shares as shown in the Awards column as Exercisable/vested.
	Additional Disclosures		Quarter ended
			4-Apr-14		29-Mar-13
			(in thousands)
	Shares issued under the employee stock purchase plan		256		408
	Aggregate intrinsic value of Options exercised		$                 235		$                   90
	Financial Statement Effects and Presentation — The following table shows total equity-based compensation expense for the periods indicated that are included in our unaudited condensed consolidated statements of income (in thousands):
			Quarter ended
			4-Apr-14		29-Mar-13
	By statement of operations line item
	Cost of revenue		$                 319		$                 372
	Research and development		1,955		2,308
	Selling, general and administrative		1,436		2,670
	By stock type
	Options		$                 426		$              1,944
	Awards		3,043		3,149
	Employee stock purchase plan		241		257
			As of April 4, 2014		As of January 3, 2014
	Equity-based compensation capitalized in inventory (in thousands):		$                      -		$                 341
	Market and Performance-based Grants — As of April 4, 2014, 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. Equity-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-Apr-14
			Options		Awards
	Market and performance-based units outstanding		406		1,276
	Maximum shares that could be issued assuming the highest level of performance		609		2,254
	Market and performance-based shares expected to vest		230		1,548
	Amount to be recognized as compensation cost over the performance period (in thousands):		$              1,586		$              8,704

Earnings_Per_Share

Earnings Per Share	3 Months Ended
	Apr. 04, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	Note 10 —Earnings Per Share
	The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):
		Quarter ended
		4-Apr-14	29-Mar-13
	Numerator:
	Net income to common shareholders	$             10,005	$               2,522
	Denominator:
	Denominator for basic earnings per share—weighted average common shares	127,819	126,336
	Effect of Options and Awards	1,570	232
	Denominator for diluted earnings per share—adjusted weighted average common shares	129,389	126,568
	Earnings per share:
	Basic	$                 0.08	$                 0.02
	Diluted	$                 0.08	$                 0.02
	Anti-dilutive shares not included in the above calculations:
	Awards	1,775	449
	Options	4,230	9,886

Segment_Information

Segment Information	3 Months Ended
	Apr. 04, 2014
Segment Information [Abstract]	'
Segment Information	'
	Note 11 — Segment Information
	We report our results in one reportable segment. We design and develop innovative power management and precision analog integrated circuits (“ICs”). Our chief executive officer is our chief operating decision maker.

Legal_Matters_And_Indemnificat

Legal Matters And Indemnifications	3 Months Ended
	Apr. 04, 2014
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 was considering pursuing administrative proceedings under Part 128 of the ITAR. We are currently in the process of finalizing the terms of a Consent Agreement with the Office of Defense Trade Controls Compliance (“DTCC”) for purposes of settling this matter. The Consent Agreement would include, among other things, a penalty of $10.0 million,  $4.0 million of which would be suspended and eligible for credit based on qualified expenditures and investments made by Intersil in connection with export control compliance. The qualified expenditures are subject to the approval of the DTCC. During the quarter ended October 4, 2013, we initially recorded a charge of $6.0 million relating to this matter. We recorded an additional charge of $4.0 million during the quarter ended April 4, 2014 when the amount of the penalty was determined. 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.
	Texas Advanced Optoelectronic Solutions, Inc. (“TAOS”) named Intersil as a defendant in a lawsuit filed on November 25, 2008, in the United States District Court for the Eastern District of Texas. In this action, TAOS alleges patent infringement, breach of contract, trade secret misappropriation, and tortuous interference with a business relationship, seeking damages and injunctive relief. We dispute TAOS’ claims and are defending ourselves vigorously. The judge issued a claim construction order in June 2013. Further discovery and pre-trial motion practice has begun. A trial is scheduled for December 2014.
	We are currently party to various claims and legal proceedings, including those discussed above. When we believe that a loss is probable and the amount of the loss can be reasonably estimated, we recognize the estimated amount of the loss. We include legal costs in the estimate of losses. As additional information becomes available, we reassess any potential liability related to these matters and, if necessary, revise the estimates.
	We believe that the ultimate outcome of these matters, individually and in the aggregate will not have a material adverse effect on our financial position or overall trends in results of our operations. However, litigation is subject to inherent uncertainties and unfavorable rulings could occur, including an award of monetary damages or issuance of an injunction prohibiting us from selling one or more products. It is possible that an unfavorable ruling could have a material adverse impact on the results of our operations for the period in which the ruling occurs, or in future periods.
	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_Policy

Basis Of Presentation (Policy)	3 Months Ended
	Apr. 04, 2014
Basis of Presentation [Abstract]	'
Fiscal Period	'
	We utilize a 52/53 week fiscal year, ending on the nearest Friday to December 31. The next 53 week period will be in the second quarter of our fiscal year 2018. Quarterly or annual periods vary from exact calendar quarters or years.

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
	Apr. 04, 2014
Fair Value Measurements [Abstract]	'
Fair Value Of Financial Assets	'
		Fair value as of April 4, 2014 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	$                     11,353	$                          171	$                   11,182
	Total assets measured at fair value	$                     11,353	$                          171	$                   11,182
		Fair value as of January 3, 2014 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	$                     11,579	$                          491	$                   11,088
	Total assets measured at fair value	$                     11,579	$                          491	$                   11,088

Inventories_Tables

Inventories (Tables)	3 Months Ended
	Apr. 04, 2014
Inventories [Abstract]	'
Schedule Of Inventories	'
		As of	As of
		4-Apr-14	3-Jan-14
	Finished products	$                 19,640	$                   20,783
	Work in process	39,932	38,759
	Raw materials	2,305	2,866
	Total inventories	$                 61,877	$                   62,408

Goodwill_And_Purchased_Intangi1

Goodwill And Purchased Intangibles (Tables)	3 Months Ended
	Apr. 04, 2014
Goodwill And Purchased Intangibles [Abstract]	'
Purchased Intangibles	'
		As of April 4, 2014
		Definite-lived: developed technologies		Definite-lived: other	Total purchased intangibles
	Gross carrying amount	$                     89,700		$                     44,200	$                   133,900
	Accumulated amortization	56,000		26,819	82,819
	Purchased intangibles, net	$                     33,700		$                     17,381	$                     51,081
		As of January 3, 2014
		Definite-lived: developed technologies		Definite-lived: other	Total purchased intangibles
	Gross carrying amount	$                   105,981		$                     48,599	$                   154,580
	Accumulated amortization	68,730		29,209	97,939
	Purchased intangibles, net	$                     37,251		$                     19,390	$                     56,641
Expected Amortization Expense	'
	To be recognized in:
	Fiscal year 2014, remaining		$             16,681
	Fiscal year 2015		16,717
	Fiscal year 2016		9,010
	Fiscal year 2017		6,757
	Fiscal year 2018		1,916
	Total expected amortization expense		$             51,081

Restructuring_and_Related_Cost1

Restructuring and Related Costs (Tables)	3 Months Ended
	Apr. 04, 2014
Restructuring [Abstract]	'
Summary Restructuring Related Costs	'
		Combined plans
	Balance as of January 3, 2014	$                   6,063
	Costs incurred
	Severance, leases and other charges, net of adjustments	75
	Cash payments
	Severance payments	-3,971
	Lease exit payments	-332
	Other payments	-61
	Balance as of April 4, 2014	$                   1,774

Income_Taxes_Tables

Income Taxes (Tables)	3 Months Ended
	Apr. 04, 2014
Income Taxes [Abstract]	'
Summary Of Activity In Unrecognized Tax Benefits Resulting From Uncertain Tax Positions	'
	Beginning balance (includes $7,102 of interest and penalties as of January 3, 2014)	$               99,343
	Increases related to prior year tax positions	741
	Settlements with tax authorities	-4
	Ending balance (includes $7,696 of interest and penalties as of April 4, 2014)	$             100,080

Common_Stock_And_Dividends_Tab

Common Stock And Dividends (Tables)	3 Months Ended
	Apr. 04, 2014
Dividends, Common Stock [Abstract]	'
Share Activity For Class A Common Stock	'
	Balance as of January 3, 2014	127,715
	Shares issued under stock plans, net of shares withheld for taxes	867
	Balance as of April 4, 2014	128,582

EquityBased_Compensation_Table

Equity-Based Compensation (Tables)	3 Months Ended
	Apr. 04, 2014
Equity-Based Compensation [Abstract]	'
Summary Of Weighted-Average Fair Value Compensation Cost Per Share Of Awards Granted	'
			Quarter ended
			4-Apr-14		29-Mar-13
	Awards		$              13.36		$                8.61
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 January 3, 2014	7,496		$               13.5		3.3	4,604
	Granted	-		-		-	1,766
	Exercised (1)	-194		11.9		1.2	-841
	Canceled	-488		22.4		0.1	-86
	Outstanding as of April 4, 2014	6,814		$               12.9		3.3	5,443	$           75,037	$           34,386
	As of April 4, 2014
	Exercisable/vested (1)	5,742		$               13.1		3.0	69	$             5,872
	Number vested and expected to ultimately vest	6,696		$               12.9		3.3	4,543	$           63,474
	(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 April 4, 2014 were 69,289 shares as shown in the Awards column as Exercisable/vested.
Equity-Based Compensation, Additional Disclosures	'
	Additional Disclosures		Quarter ended
			4-Apr-14		29-Mar-13
			(in thousands)
	Shares issued under the employee stock purchase plan		256		408
	Aggregate intrinsic value of Options exercised		$                 235		$                   90
Equity-Based Compensation Expense	'
			Quarter ended
			4-Apr-14		29-Mar-13
	By statement of operations line item
	Cost of revenue		$                 319		$                 372
	Research and development		1,955		2,308
	Selling, general and administrative		1,436		2,670
	By stock type
	Options		$                 426		$              1,944
	Awards		3,043		3,149
	Employee stock purchase plan		241		257
			As of April 4, 2014		As of January 3, 2014
	Equity-based compensation capitalized in inventory (in thousands):		$                      -		$                 341
Performance-Based Grants	'
			As of
			4-Apr-14
			Options		Awards
	Market and performance-based units outstanding		406		1,276
	Maximum shares that could be issued assuming the highest level of performance		609		2,254
	Market and performance-based shares expected to vest		230		1,548
	Amount to be recognized as compensation cost over the performance period (in thousands):		$              1,586		$              8,704

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	3 Months Ended
	Apr. 04, 2014
Earnings Per Share [Abstract]	'
Computation Of Basic And Diluted (Loss) Earnings Per Share	'
		Quarter ended
		4-Apr-14	29-Mar-13
	Numerator:
	Net income to common shareholders	$             10,005	$               2,522
	Denominator:
	Denominator for basic earnings per share—weighted average common shares	127,819	126,336
	Effect of Options and Awards	1,570	232
	Denominator for diluted earnings per share—adjusted weighted average common shares	129,389	126,568
	Earnings per share:
	Basic	$                 0.08	$                 0.02
	Diluted	$                 0.08	$                 0.02
	Anti-dilutive shares not included in the above calculations:
	Awards	1,775	449
	Options	4,230	9,886

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (USD $)	Apr. 04, 2014	Jan. 03, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Fair value measurement of assets	$11,353,000	$11,579,000
Fair value transfers, assets	0	0
Other Non-Current Assets | Deferred Compensation Investments [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Fair value measurement of assets	11,353,000	11,579,000
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	171,000	491,000
Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | Other Non-Current Assets | Deferred Compensation Investments [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Fair value measurement of assets	171,000	491,000
Significant Other Observable Inputs (Level 2) [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Fair value measurement of assets	11,182,000	11,088,000
Significant Other Observable Inputs (Level 2) [Member] | Other Non-Current Assets | Deferred Compensation Investments [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Fair value measurement of assets	$11,182,000	$11,088,000

Inventories_Details

Inventories (Details) (USD $)	Apr. 04, 2014	Jan. 03, 2014
In Thousands, unless otherwise specified
Inventories [Abstract]	'	'
Finished products	$19,640	$20,783
Work in process	39,932	38,759
Raw materials	2,305	2,866
Total inventories	$61,877	$62,408

Goodwill_And_Purchased_Intangi2

Goodwill And Purchased Intangibles (Narrative) (Details)	3 Months Ended
	Apr. 04, 2014
Definite-Lived: Developed Technologies [Member]	'
Finite-Lived Intangible Assets [Line Items]	'
Finite Lived Intangible Asset Useful Life	'5 years
Definite-Lived: Other [Member] | Minimum [Member]	'
Finite-Lived Intangible Assets [Line Items]	'
Finite Lived Intangible Asset Useful Life	'4 years
Definite-Lived: Other [Member] | Maximum [Member]	'
Finite-Lived Intangible Assets [Line Items]	'
Finite Lived Intangible Asset Useful Life	'7 years

Goodwill_And_Purchased_Intangi3

Goodwill And Purchased Intangibles (Purchased Intangibles) (Details) (USD $)	Apr. 04, 2014	Jan. 03, 2014
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying amount	$133,900	$154,580
Accumulated amortization	82,819	97,939
Total expected amortization expense	51,081	56,641
Definite-Lived: Developed Technologies [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying amount	89,700	105,981
Accumulated amortization	56,000	68,730
Total expected amortization expense	33,700	37,251
Definite-Lived: Other [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying amount	44,200	48,599
Accumulated amortization	26,819	29,209
Total expected amortization expense	$17,381	$19,390

Goodwill_And_Purchased_Intangi4

Goodwill And Purchased Intangibles (Expected Amortization Expense) (Details) (USD $)	Apr. 04, 2014	Jan. 03, 2014
In Thousands, unless otherwise specified
Goodwill And Purchased Intangibles [Abstract]	'	'
Fiscal year 2014, remaining	$16,681	'
Fiscal year 2015	16,717	'
Fiscal year 2016	9,010	'
Fiscal year 2017	6,757	'
Fiscal year 2018	1,916	'
Total expected amortization expense	$51,081	$56,641

Restructuring_and_Related_Cost2

Restructuring and Related Costs (Details) (USD $)	3 Months Ended			3 Months Ended
In Thousands, unless otherwise specified	Mar. 29, 2013	Apr. 04, 2014	Jan. 03, 2014	Apr. 04, 2014	Apr. 04, 2014	Apr. 04, 2014
				Employee Severance [Member]	Lease Exit [Member]	Other Restructuring [Member]
Restructuring and Related Cost [Abstract]	'	'	'	'	'	'
Balance as of January 3, 2014	'	$1,774	$6,063	'	'	'
Restructuring Charges	16,834	'	'	75	'	'
Cash payments	'	'	'	-3,971	-332	-61
Balance as of April 4, 2014	'	$1,774	$6,063	'	'	'

Income_Taxes_Narrative_Details

Income Taxes (Narrative) (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Apr. 04, 2014	Mar. 29, 2013
Income Taxes [Line Items]	'	'
Decrease in deferred tax assets and income tax payable	$23.50	'
Tax shortfalls on share based compensation	0.4	0.6
Foreign Tax Authority [Member] | Tax Years 2009-2010 [Member] | Settlement with Taxing Authority [Member] | Switzerland [Member]	'	'
Income Taxes [Line Items]	'	'
Estimated change in unrecognized tax benefits	7.5	'
Internal Revenue Service (IRS) [Member] | Settlement with Taxing Authority [Member] | United States [Member]	'	'
Income Taxes [Line Items]	'	'
Estimated change in unrecognized tax benefits	0.1	'
Internal Revenue Service (IRS) [Member] | IRS Settlement 2005-2007 [Member] | Settlement with Taxing Authority [Member]	'	'
Income Taxes [Line Items]	'	'
Estimated change in unrecognized tax benefits	0.6	'
Internal Revenue Service (IRS) [Member] | IRS Settlement 2008-2009 [Member] | Settlement with Taxing Authority [Member] | United States [Member]	'	'
Income Taxes [Line Items]	'	'
Estimated change in unrecognized tax benefits	$1.30	'

Income_Taxes_Summary_Of_Activi

Income Taxes (Summary Of Activity In Unrecognized Tax Benefits Resulting From Uncertain Tax Positions) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 04, 2014	Jan. 03, 2014
Income Taxes [Abstract]	'	'
Beginning balance (includes $7,102 of interest and penalties as of January 3, 2014)	$99,343	'
Increases related to prior year tax positions	741	'
Settlements with tax authorities	-4	'
Ending balance (includes $7,696 of interest and penalties as of April 4, 2014)	100,080	'
Interest and penalties	$7,696	$7,102

LongTerm_Debt_Narrative_Detail

Long-Term Debt (Narrative) (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Apr. 04, 2014	Jan. 03, 2014
Debt Instrument [Line Items]	'	'
Term of credit facility	'5 years	'
Senior secured revolving credit facility	$325	'
Facility maturity date	1-Sep-16	'
Outstanding borrowings against the Facility	0	0
Outstanding letters of credit	1.4	1.4
Standby Letters of Credit	'	'
Debt Instrument [Line Items]	'	'
Senior secured revolving credit facility	25	'
Swing Line Loans	'	'
Debt Instrument [Line Items]	'	'
Senior secured revolving credit facility	10	'
Multicurrency Borrowings	'	'
Debt Instrument [Line Items]	'	'
Senior secured revolving credit facility	$50	'

Common_Stock_And_Dividends_Nar

Common Stock And Dividends (Narrative) (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Apr. 04, 2014	Mar. 29, 2013
Dividends Payable [Line Items]	'	'
Cash dividends declared per common share	$0.12	$0.12
Dividends paid	$15,371	$15,283
Installment Q1 FY2014 [Member]	'	'
Dividends Payable [Line Items]	'	'
Dividend declared date	29-Jan-14	'
Dividend record date	18-Feb-14	'
Dividend paid date	28-Feb-14	'
Installment Q2 FY2014 [Member]	'	'
Dividends Payable [Line Items]	'	'
Dividend declared date	30-Apr-14	'
Dividend record date	20-May-14	'
Dividend paid date	30-May-14	'
Dividends payable, amount per share	$0.12	'

Common_Stock_And_Dividends_Sha

Common Stock And Dividends (Share Activity For Class A Common Stock) (Details)	Apr. 04, 2014	Jan. 03, 2014	Apr. 04, 2014
			Common Class A
Class of Stock [Line Items]	'	'	'
Beginning balance	128,581,813	127,714,810	'
Shares issued under stock plans, net of shares withheld for taxes	'	'	867,000
Ending balance	128,581,813	127,714,810	'

EquityBased_Compensation_Summa

Equity-Based Compensation (Summary Of Weighted-Average Fair Value Compensation Cost Per Share Of Awards Granted) (Details) (Awards [Member], USD $)	3 Months Ended
	Apr. 04, 2014	Mar. 29, 2013
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	$13.36	$8.61

EquityBased_Compensation_Equit

Equity-Based Compensation (Equity Based Compensation Summary) (Details) (USD $)	3 Months Ended		12 Months Ended
In Thousands, except Share data, unless otherwise specified	Apr. 04, 2014		Jan. 03, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'		'
Shares, Beginning balance	7,496,000		'
Shares, Granted	0		'
Shares, Exercised	-194,000	[1]	'
Shares, Canceled	-488,000		'
Shares, Outstanding, Ending balance	6,814,000		7,496,000
Shares, Exercisable/vested	5,742,000	[1]	'
Shares, Number vested and expected to ultimately vest	6,696,000		'
Options, Weighted-average exercise price (per share), Outstanding, beginning balance	$13.50		'
Options, Weighted-average exercise price (per share), Granted	$0		'
Options, Weighted-average exercise price (per share), Exercised	$11.90	[1]	'
Options, Weighted-average exercise price (per share), Canceled	$22.40		'
Options, Weighted-average exercise price (per share), Outstanding, ending balance	$12.90		$13.50
Options, Weighted-average exercise price (per share), Exercisable/vested	$13.10	[1]	'
Options, Weighted-average exercise price (per share), Number vested and expected to ultimately vest	$12.90		'
Options, Weighted-average remaining contract lives (in years), Outstanding. beginning balance	'3 years 3 months 18 days		'3 years 3 months 18 days
Options, Weighted-average remaining contract lives (in years), Granted	'0 years		'
Options, Weighted-average remaining contract lives (in years), Exercised	'1 year 2 months 12 days	[1]	'
Options, Weighted-average remaining contract lives (in years), Canceled	'1 month 6 days		'
Options, Weighted-average remaining contract lives (in years), Exercisable/vested	'3 years	[1]	'
Options, Weighted-average remaining contract lives (in years), Number vested and expected to ultimately vest	'3 years 3 months 18 days		'
Options, Weighted-average remaining contract lives (in years), Outstanding, ending balance	'3 years 3 months 18 days		'3 years 3 months 18 days
Awards, Shares, Outstanding, Beginning balance	4,604,000		'
Awards, Shares, Granted	1,766,000		'
Awards, Shares, Exercised	-841,000	[1]	'
Awards, Shares, Canceled	-86,000		'
Awards, Shares, Exercisable/Vested	69,000	[1]	'
Awards, Shares, Outstanding, Ending Balance	5,443,000		4,604,000
Awards, Shares, Number vested and expected to ultimately vest	4,543,000		'
Aggregate intrinsic value, Outstanding as of April 4, 2014	$75,037		'
Aggregate intrinsic value, Exercisable/vested	5,872	[1]	'
Aggregate intrinsic value, Number vested and expected to ultimately vest	63,474		'
Aggregate unrecognized compensation cost, Outstanding as of April 4, 2014	$34,386		'
Awards [Member]	'		'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'		'
Shares, Exercisable/vested	69,289		'
[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 April 4, 2014 were 69,289 shares as shown in the Awards column as Exercisable/vested.

EquityBased_Compensation_Equit1

Equity-Based Compensation (Equity-Based Compensation, Additional Disclosures) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 04, 2014	Mar. 29, 2013
Equity-Based Compensation [Abstract]	'	'
Shares issued under the employee stock purchase plan	256	408
Aggregate intrinsic value of stock options exercised	$235	$90

EquityBased_Compensation_Equit2

Equity-Based Compensation (Equity-Based Compensation Expense) (Details) (USD $)

12 Months Ended

3 Months Ended

In Thousands, unless otherwise specified

Jan. 03, 2014

Apr. 04, 2014

Mar. 29, 2013

Apr. 04, 2014

Mar. 29, 2013

Apr. 04, 2014

Mar. 29, 2013

Apr. 04, 2014

Mar. 29, 2013

Apr. 04, 2014

Mar. 29, 2013

Apr. 04, 2014

Mar. 29, 2013

Options [Member]

Options [Member]

Awards [Member]

Awards [Member]

Employee Stock Purchase Plan [Member]

Employee Stock Purchase Plan [Member]

Cost of Revenue [Member]

Cost of Revenue [Member]

Research and Development Expense [Member]

Research and Development Expense [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

'

$426

$1,944

$3,043

$3,149

$241

$257

$319

$372

$1,955

$2,308

$1,436

$2,670

Equity-based compensation capitalized in inventory

$341

'

'

'

'

'

'

'

'

'

'

'

'

EquityBased_Compensation_Marke

Equity-Based Compensation (Market and Performance-Based Grants) (Details) (USD $)	3 Months Ended
In Millions, except Share data, unless otherwise specified	Apr. 04, 2014
Options [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Market and Performance-based units outstanding	406,000
Maximum shares that could be issued assuming the highest level of performance and market	609,000
Market and Performance-based shares expected to vest	230,000
Amount to be recognized as compensation cost over the performance period	$1,586
Awards [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Market and Performance-based units outstanding	1,276,000
Maximum shares that could be issued assuming the highest level of performance and market	2,254,000
Market and Performance-based shares expected to vest	1,548,000
Amount to be recognized as compensation cost over the performance period	$8,704
Minimum [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Grants participants may receive from original grant	0.00%
Maximum [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Grants participants may receive from original grant	200.00%

Earnings_Per_Share_Details

Earnings Per Share (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Apr. 04, 2014	Mar. 29, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Net income to common shareholders	$10,005	$2,522
Denominator for basic earnings per share-weighted average common shares	127,819	126,336
Effect of Options and Awards	1,570	232
Denominator for diluted earnings per share adjusted-weighted average common shares	129,389	126,568
Basic	$0.08	$0.02
Diluted	$0.08	$0.02
Awards [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Anti-dilutive shares not included in the above calculations	1,775	449
Options [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Anti-dilutive shares not included in the above calculations	4,230	9,886

Segment_Information_Details

Segment Information (Details)	3 Months Ended
	Apr. 04, 2014
	segment
Segment Information [Abstract]	'
Number of reportable segments	1

Legal_Matters_And_Indemnificat1

Legal Matters And Indemnifications (Details) (USD $)	3 Months Ended
	Apr. 04, 2014	Oct. 04, 2013
Loss Contingencies [Line Items]	'	'
Provision for export compliance	$4,000,000	'
Unfavorable Regulatory Action [Member]	'	'
Loss Contingencies [Line Items]	'	'
Penalty from legal matters	10,000,000	'
Charge recorded from legal matters	$4,000,000	$6,000,000