TTM (TTMI) 10-Q 7 May 20 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 30, 2020	May 04, 2020
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Trading Symbol	TTMI
Entity Registrant Name	TTM TECHNOLOGIES, INC.
Entity Central Index Key	0001116942
Current Fiscal Year End Date	--12-30
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		106,243,673
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity File Number	0-31285
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	91-1033443
Entity Address, Address Line One	200 East Sandpointe
Entity Address, Address Line Two	Suite 400
Entity Address, City or Town	Santa Ana
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92707
City Area Code	714
Local Phone Number	327-3000
Title of 12(b) Security	Common Stock
Security Exchange Name	NASDAQ
Document Quarterly Report	true
Document Transition Report	false

Consolidated Condensed Balance

Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Mar. 30, 2020	Dec. 30, 2019
Current assets:
Cash and cash equivalents	$ 361,992	$ 379,818
Accounts receivable, net	458,639	503,598
Contract assets	256,482	254,600
Inventories	120,949	113,753
Current assets held for sale	522,974	67,572
Prepaid expenses and other current assets	30,751	23,343
Total current assets	1,751,787	1,342,684
Property, plant and equipment, net	666,611	678,201
Operating lease right-of-use assets	21,724	22,173
Goodwill	706,524	706,524
Definite-lived intangibles, net	314,735	325,680
Non-current assets held for sale		425,597
Deposits and other non-current assets	62,737	60,074
Assets, Total	3,524,118	3,560,933
Current liabilities:
Short-term debt, including current portion of long-term debt	249,975	249,975
Accounts payable	309,580	329,866
Contract liabilities	3,576	3,838
Accrued salaries, wages and benefits	70,281	85,114
Current liabilities held for sale	170,735	185,391
Other current liabilities	100,216	92,482
Total current liabilities	904,363	946,666
Long-term debt, net of discount and issuance costs	1,229,372	1,225,962
Operating lease liabilities	14,832	15,413
Non-current liabilities held for sale		1,530
Other long-term liabilities	98,351	92,325
Total long-term liabilities	1,342,555	1,335,230
Commitments and contingencies (Note 14)
Equity:
Common stock, $0.001 par value; 300,000 shares authorized, 106,217 and 105,510 shares issued and outstanding as of March 30, 2020 and December 30, 2019, respectively	106	106
Additional paid-in capital	819,543	814,708
Retained earnings	473,135	474,309
Accumulated other comprehensive loss	(15,584)	(10,086)
Total stockholders’ equity	1,277,200	1,279,037
Liabilities and Equity, Total	$ 3,524,118	$ 3,560,933

Consolidated Condensed Balanc_2

Consolidated Condensed Balance Sheets (Parenthetical) - $ / shares	Mar. 30, 2020	Dec. 30, 2019
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	106,217,000	105,510,000
Common stock, shares outstanding	106,217,000	105,510,000

Consolidated Condensed Statemen

Consolidated Condensed Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Income Statement [Abstract]
Net sales	$ 497,646	$ 536,445
Cost of goods sold	416,304	437,619
Gross profit	81,342	98,826
Operating expenses:
Selling and marketing	16,169	17,560
General and administrative	34,667	30,282
Research and development	4,762	4,716
Amortization of definite-lived intangibles	9,562	16,152
Total operating expenses	65,160	68,710
Operating income	16,182	30,116
Other expense:
Interest expense	(19,781)	(21,135)
Other, net	2,502	(357)
Total other expense, net	(17,279)	(21,492)
(Loss) income from continuing operations before income taxes	(1,097)	8,624
Income tax provision	(2,123)	(2,386)
Net (loss) income from continuing operations	(3,220)	6,238
Income (loss) from discontinued operations, net of income taxes	2,046	(9,490)
Net loss	$ (1,174)	$ (3,252)
Loss per share:
Basic (loss) earnings per share from continuing operations	$ (0.03)	$ 0.06
Basic earnings (loss) per share from discontinued operations	0.02	(0.09)
Basic loss per share	(0.01)	(0.03)
Diluted (loss) earnings per share from continuing operations	(0.03)	0.06
Diluted earnings (loss) per share from discontinued operations	0.02	(0.09)
Diluted loss per share	$ (0.01)	$ (0.03)

Consolidated Condensed Statem_2

Consolidated Condensed Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Statement Of Income And Comprehensive Income [Abstract]
Net loss	$ (1,174)	$ (3,252)
Other comprehensive loss, net of tax:
Foreign currency translation adjustments, net	(367)	630
Pension obligation adjustments, net	27	19
Net unrealized losses on cash flow hedges:
Unrealized loss on effective cash flow hedges during the period, net	(6,018)	(1,828)
Loss realized in the statement of operations	860	278
Net	(5,158)	(1,550)
Other comprehensive loss, net of tax	(5,498)	(901)
Comprehensive loss, net of tax	$ (6,672)	$ (4,153)

Consolidated Condensed Statem_3

Consolidated Condensed Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2018	$ 1,227,087	$ 104	$ 797,895	$ 433,008	$ (3,920)
Beginning balance (in shares) at Dec. 31, 2018		103,687
Net loss	(3,252)			(3,252)
Other comprehensive loss	(901)				(901)
Redemption of convertible notes, net	(1)		(1)
Issuance of common stock for performance-based restricted stock units (in shares)		694
Issuance of common stock for restricted stock units		$ 1	(1)
Issuance of common stock for restricted stock units (in shares)		1,040
Stock-based compensation	3,926		3,926
Ending balance at Apr. 01, 2019	1,226,859	$ 105	801,819	429,756	(4,821)
Ending balance (in shares) at Apr. 01, 2019		105,421
Beginning balance at Dec. 30, 2019	1,279,037	$ 106	814,708	474,309	(10,086)
Beginning balance (in shares) at Dec. 30, 2019		105,510
Net loss	(1,174)			(1,174)
Other comprehensive loss	(5,498)				(5,498)
Issuance of common stock for performance-based restricted stock units (in shares)		187
Issuance of common stock for restricted stock units (in shares)		520
Stock-based compensation	4,835		4,835
Ending balance at Mar. 30, 2020	$ 1,277,200	$ 106	$ 819,543	$ 473,135	$ (15,584)
Ending balance (in shares) at Mar. 30, 2020		106,217

Consolidated Condensed Statem_4

Consolidated Condensed Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Cash flows from operating activities:
Net loss	$ (1,174)	$ (3,252)
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property, plant and equipment	42,632	41,602
Amortization of definite-lived intangible assets	11,620	18,005
Amortization of debt discount and issuance costs	3,552	3,845
Deferred income taxes	(353)	(1,262)
Stock-based compensation	4,835	3,926
Other	876	(4,346)
Changes in operating assets and liabilities:
Accounts receivable, net	45,019	6,337
Contract assets	1,572	24,668
Inventories	(7,573)	(5,423)
Prepaid expenses and other current assets	(5,959)	(8,599)
Accounts payable	(52,791)	(5,976)
Contract liabilities	(262)	(833)
Accrued salaries, wages and benefits and other current liabilities	(14,081)	(31,768)
Net cash provided by operating activities	27,913	36,924
Cash flows from investing activities:
Refundable deposit related to sale of the Mobility business unit	35,342
Purchase of property, plant and equipment and other assets	(32,451)	(33,483)
Proceeds from sale of property, plant and equipment and other assets		5,037
Net cash provided by (used in) investing activities	2,891	(28,446)
Cash flows from financing activities:
Repayment of long-term debt borrowing		(30,000)
Redemption of convertible notes		(10)
Net cash used in financing activities		(30,010)
Effect of foreign currency exchange rates on cash and cash equivalents	(521)	391
Net increase (decrease) in cash and cash equivalents	30,283	(21,141)
Cash and cash equivalents and restricted cash at beginning of period	400,154	256,360
Cash and cash equivalents and restricted cash at end of period	430,437	235,219
Cash and cash equivalents and restricted cash in assets held for sale	(68,445)	(49,991)
Cash and cash equivalents as presented on the consolidated condensed balance sheet	361,992	185,228
Supplemental cash flow information:
Cash paid, net for interest	10,455	25,840
Cash paid, net for income taxes	4,367	9,575
Net cash provided by operating activities from discontinued operations	21,286	27,822
Net cash provided by (used in) investing activities from discontinued operations	26,823	(6,199)
Supplemental disclosure of noncash investing activities:
Property, plant and equipment recorded in accounts payable	46,784	48,148
Supplemental disclosure of noncash investing activities from discontinued operations:
Property, plant and equipment recorded in accounts payable	$ 6,673	$ 7,502

Nature of Operations and Basis

Nature of Operations and Basis of Presentation	3 Months Ended
	Mar. 30, 2020
Accounting Policies [Abstract]
Nature of Operations and Basis of Presentation	(1) Nature of Operations and Basis of Presentation TTM Technologies, Inc. (the Company or TTM) is a leading global printed circuit board (PCB) manufacturer, focusing on quick-turn and volume production of technologically complex PCBs, backplane assemblies and electro-mechanical solutions (E-M Solutions) as well as a global designer and manufacturer of radio-frequency (RF) and microwave components and assemblies. The Company provides time-to-market and volume production of advanced technology products and offers a one-stop design, engineering and manufacturing solution to customers. This one-stop design and manufacturing solution enables the Company to align technology developments with the diverse needs of the Company’s customers and to enable them to reduce the time required to develop new products and bring them to market. The Company serves a diversified customer base in various markets throughout the world, including aerospace and defense, automotive components, medical, industrial and instrumentation related products, as well as networking/communications infrastructure products. The Company’s customers include both original equipment manufacturers (OEMs) and electronic manufacturing services (EMS) providers. The accompanying consolidated condensed financial statements have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (SEC). Certain information and disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP) have been condensed or omitted pursuant to such rules and regulations. It is suggested that these consolidated condensed financial statements be read in conjunction with the consolidated financial statements and the notes thereto included in the Company’s most recent Annual Report on Form 10-K. The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the Company’s consolidated condensed financial statements and accompanying notes. Due to the coronavirus (COVID-19) global pandemic, the global economy and financial markets have been disrupted and there is a significant amount of uncertainty about the length and severity of the consequences caused by the pandemic. The Company has considered information available to it as of the date of issuance of these financial statements and is not aware of any specific events or circumstances that would require an update to its estimates or judgments, or a revision to the carrying value of its assets or liabilities. Actual results could differ materially from those estimates. The Company uses a 13-week fiscal quarter accounting period with the fourth quarter ending on the Monday nearest December 31. On January 19, 2020, the Company entered into a definitive equity interests purchase agreement with AKMMeadville Electronics (Xiamen) Co., Ltd (the Purchaser) for the sale of the Company’s following subsidiaries, which was completed on April 17, 2020: Shanghai Kaiser Electronics Co., Ltd. (SKE), Shanghai Meadville Electronics Co., Ltd. (SME), Shanghai Meadville Science & Technology Co., Ltd. (SP) and Guangzhou Meadville Electronics Co., Ltd. (GME) (collectively, the Mobility business unit). For all periods presented in the consolidated condensed balance sheet, all assets and liabilities attributable to the Mobility business unit have been aggregated under the captions “Current assets held for sale”, “Non-current assets held for sale”, “Current liabilities held for sale” and “Non-current liabilities held for sale”. For all periods presented in the consolidated condensed statements of operations, all sales, costs, expenses and income taxes attributable to the Mobility business unit have been aggregated under the caption “Income from discontinued operations, net of income taxes”. Prior year results have been recast to conform with the current presentation. Refer to Note 2, Discontinued Operations Unless otherwise noted, amounts and disclosures throughout these notes to consolidated condensed financial statements relate to continuing operations. These consolidated condensed financial statements reflect all adjustments (consisting only of normal recurring adjustments) which, in the opinion of management, are necessary to present fairly the financial position, the results of operations and cash flows of the Company for the periods presented. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year. Reclassifications Certain prior year amounts in the condensed consolidated financial statements have been reclassified due to the sale of the Company’s Mobility business unit. Refer to Note 2, Discontinued Operations Recently Adopted and Issued Accounting Standards Recently Adopted Accounting Standards In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments Recently Issued Accounting Standards Not Yet Adopted In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes In August 2018, the FASB issued ASU 2018-14, Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20)—Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans

Discontinued Operations

Discontinued Operations	3 Months Ended
	Mar. 30, 2020
Discontinued Operations And Disposal Groups [Abstract]
Discontinued Operations	(2) Discontinued Operations On January 19, 2020, the Company entered into a definitive equity interests purchase agreement for the sale of the Company’s Mobility business unit. The sale was completed on April 17, 2020 for a base purchase price of $550,000 in cash, subject to customary purchase price adjustments. The base purchase price does not include certain accounts receivable of the divested business, which are estimated to total approximately $95,000. As the sale of the Company’s Mobility business unit represents a strategic shift that will have a major effect on the Company’s operations and financial results, in accordance with the provisions of FASB authoritative guidance on the presentation of financial statements, Mobility business unit results are classified as discontinued operations in the consolidated condensed statements of operations for all periods presented. Prior year results have been recast to conform with the current presentation. The Mobility business unit is part of the Company’s PCB reportable segment. The following table summarizes the results of Mobility operations for each period prior to sale: Quarter Ended March 30, April 1, 2020 2019 (In thousands, except per share data) Net sales $ 113,174 $ 83,755 Cost of goods sold 108,425 93,896 Gross profit 4,749 (10,141 ) Operating expenses: Selling and marketing 1,176 1,341 General and administrative 1,310 470 Research and development 147 — Amortization of definite-lived intangibles 675 674 Total operating expenses 3,308 2,485 Operating income (loss) 1,441 (12,626 ) Other income (expense): Interest expense (223 ) (553 ) Other, net 1,571 (173 ) Total other income (expense), net 1,348 (726 ) Income (loss) from discontinued operations before income taxes 2,789 (13,352 ) Income tax (provision) benefit (743 ) 3,862 Income (loss) from discontinued operations, net of income taxes $ 2,046 $ (9,490 ) Earnings (loss) per share from discontinued operations: Basic earnings (loss) per share $ 0.02 $ (0.09 ) Diluted earnings (loss) per share $ 0.02 $ (0.09 ) Depreciation expense related to the discontinued operations for the quarter ended March 30, 2020 and April 1, 2019 was $18,265 and $18,075, respectively. Assets being sold and liabilities being assumed by the Purchaser in the sale of the Company’s Mobility business unit include substantially all assets and liabilities, with the exception of certain accounts receivable . The following table summarizes the major categories of assets and liabilities classified as held for sale in the consolidated condensed balance sheets as of the end of each period: As of March 30, December 30, 2020 2019 (In thousands) Cash and cash equivalents $ 33,103 $ 20,336 Restricted cash 35,342 — Accounts receivable, net 6 66 Contract assets 30,181 33,635 Inventories 8,643 8,266 Prepaid expenses and other current assets 3,978 5,269 Property, plant and equipment, net 330,312 344,728 Operating lease right-of-use assets 1,593 1,983 Goodwill 68,267 68,267 Definite-lived intangibles, net 5,653 6,328 Deposits and other non-current assets 5,896 4,291 Total assets classified as held for sale $ 522,974 $ 493,169 Accounts payable $ 144,715 153,700 Accrued salaries, wages and benefits 12,057 13,606 Other current liabilities 12,720 18,085 Operating lease liabilities 820 1,104 Other long-term liabilities 423 426 Total liabilities classified as held for sale $ 170,735 $ 186,921

Leases

Leases	3 Months Ended
	Mar. 30, 2020
Leases [Abstract]
Leases	(3) Leases The Company leases some of its manufacturing and assembly plants, sales offices and equipment under non-cancellable operating leases that expire at various dates through 2049. The majority of the Company’s lease arrangements are comprised of fixed payments and certain leases consist of variable payments based on equipment usage. These variable payments are not included in the measurement of the right-of-use (ROU) asset or lease liability due to uncertainty of the payment amount and are recorded as lease expense in the period incurred. Certain leases contain renewal provisions at the Company’s option. Most of the leases require the Company to pay for certain other costs such as property taxes and maintenance. Certain leases also contain rent escalation clauses (step rents) that require additional rental amounts in the later years of the term. Rent expense for leases with step rents is recognized on a straight-line basis over the minimum lease term. The lease agreements do not contain any material residual value guarantees or material restrictive covenants. The components of lease expense were as follows: Quarter Ended March 30, 2020 April 1, 2019 (In thousands) Operating lease cost $ 2,481 $ 2,032 Variable lease cost 106 159 Short-term lease cost 229 41 Supplemental cash flow information related to leases was as follows: Quarter Ended March 30, 2020 April 1, 2019 (In thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 2,171 $ 2,012 Right-of-use assets obtained in exchange for new lease obligations: Operating leases 1,876 6,824 Supplemental balance sheet information related to leases was as follows: As of March 30, 2020 December 30, 2019 (In thousands) Operating lease right-of-use assets $ 21,724 $ 22,173 Other current liabilities 7,504 7,111 Operating lease liabilities 14,832 15,413 Total operating lease liabilities $ 22,336 $ 22,524 As of March 30, 2020 December 30, 2019 Weighted average remaining lease term 4.2 years 4.4 years Weighted average discount rate 3.24 % 3.92 % Maturities of operating lease liabilities were as follows (1) (In thousands) Less than one year $ 7,875 1 - 2 years 6,533 2 - 3 years 2,820 3 - 4 years 2,258 4 - 5 years 1,791 Thereafter 2,681 Total lease payments 23,958 Less imputed interest (1,622 ) Total $ 22,336 (1) Excludes $851 of legally binding minimum lease payments for leases signed but not yet commenced.

Revenues

Revenues	3 Months Ended
	Mar. 30, 2020
Revenue From Contract With Customer [Abstract]
Revenues	(4) Revenues As of March 30, 2020, the aggregate amount of the transaction price allocated to remaining performance obligations for long-term contracts was $23,014. The Company expects to recognize revenue on approximately 44% of the remaining performance obligations for the Company’s long-term contracts over the next twelve months with the remaining amount recognized thereafter. The remaining performance obligations for the Company’s short-term contracts are expected to be recognized within one year. Revenue from products and services transferred to customers over time and at a point in time accounted for 98% and 2%, respectively, of the Company’s revenue for the quarter ended March 30, 2020, and 97% and 3%, respectively, of the Company’s revenue for the quarter ended April 1, 2019. The following tables represent a disaggregation of revenue by principal end markets with the reportable segments: Quarter Ended March 30, 2020 PCB E-M Solutions Total End Markets (In thousands) Aerospace and Defense $ 184,451 $ — $ 184,451 Automotive 61,421 7,463 68,884 Cellular Phone 2,788 — 2,788 Computing/Storage/Peripherals 58,282 104 58,386 Medical/Industrial/Instrumentation 88,224 3,758 91,982 Networking/Communications 60,898 18,977 79,875 Other 11,366 (86 ) 11,280 Total $ 467,430 $ 30,216 $ 497,646 Quarter Ended April 1, 2019 PCB E-M Solutions Total End Markets (In thousands) Aerospace and Defense $ 164,797 $ 4 $ 164,801 Automotive 81,593 19,765 101,358 Cellular Phone 1,904 — 1,904 Computing/Storage/Peripherals 57,846 189 58,035 Medical/Industrial/Instrumentation 82,182 8,167 90,349 Networking/Communications 84,023 23,339 107,362 Other 12,722 (86 ) 12,636 Total $ 485,067 $ 51,378 $ 536,445

Composition of Certain Consolid

Composition of Certain Consolidated Condensed Financial Statement Captions	3 Months Ended
	Mar. 30, 2020
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Composition of Certain Consolidated Condensed Financial Statement Captions	(5) Composition of Certain Consolidated Condensed Financial Statement Captions As of March 30, 2020 December 30, 2019 (In thousands) Inventories: Raw materials $ 108,770 $ 97,660 Work-in-process 8,709 10,898 Finished goods 3,470 5,195 $ 120,949 $ 113,753 Property, plant and equipment, net: Land and land use rights $ 62,009 $ 62,009 Buildings and improvements 390,544 381,980 Machinery and equipment 808,022 777,916 Furniture and fixtures and other 10,511 10,329 Construction-in-progress 31,168 58,195 1,302,254 1,290,429 Less: Accumulated depreciation (635,643 ) (612,228 ) $ 666,611 $ 678,201

Goodwill

Goodwill	3 Months Ended
	Mar. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill	(6) Goodwill As of March 30, 2020 and December 30, 2019, goodwill was as follows: Total (In thousands) Balance as of December 30, 2019 and March 30, 2020 Goodwill $ 946,191 Accumulated impairment loss (171,400 ) Goodwill in assets held for sale (68,267 ) $ 706,524 All goodwill relates to the Company’s PCB reportable segment.

Definite-lived Intangibles

Definite-lived Intangibles	3 Months Ended
	Mar. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Definite-lived Intangibles	(7) Definite-lived Intangibles As of March 30, 2020 and December 30, 2019, the components of definite-lived intangibles were as follows: Gross Amount Accumulated Amortization Net Carrying Amount Weighted Average Amortization Period (In thousands) (In years) March 30, 2020 Customer relationships $ 397,500 $ (120,865 ) $ 276,635 11.0 Technology 47,650 (9,550 ) 38,100 9.5 $ 445,150 $ (130,415 ) $ 314,735 December 30, 2019 Customer relationships $ 396,270 $ (111,272 ) $ 284,998 11.0 Technology 39,500 (8,064 ) 31,436 9.4 Acquired intangibles from acquisition in 2019 Customer relationships 1,230 (31 ) 1,199 5.0 Technology 8,150 (103 ) 8,047 10.0 $ 445,150 $ (119,470 ) $ 325,680 Definite-lived intangibles are generally amortized using the straight-line method of amortization over the estimated useful life. Amortization expense was $10,945 and $17,331 for the quarters ended March 30, 2020 and April 1, 2019, respectively. For the quarters ended March 30, 2020 and April 1, 2019, $1,383 and $1,179, respectively, of amortization expense is included in cost of goods sold. Estimated aggregate amortization for definite-lived intangible assets for the next five years and thereafter is as follows: (In thousands) Remaining 2020 $ 32,836 2021 41,344 2022 38,793 2023 36,838 2024 29,812 Thereafter 135,112 $ 314,735

Long-term Debt and Letters of C

Long-term Debt and Letters of Credit	3 Months Ended
	Mar. 30, 2020
Debt Disclosure [Abstract]
Long-term Debt and Letters of Credit	(8) Long-term Debt and Letters of Credit The following table summarizes the long-term debt of the Company as of March 30, 2020 and December 30, 2019: Interest Rate as of March 30, 2020 Principal Outstanding as of March 30, 2020 Interest Rate as of December 30, 2019 Principal Outstanding as of December 30, 2019 (In thousands) Term Loan due September 2024 3.48 % $ 805,879 4.28 % $ 805,879 Senior Notes due October 2025 5.63 375,000 5.63 375,000 Convertible Senior Notes due December 2020 1.75 249,975 1.75 249,975 U.S. ABL Revolving Loan due June 2024 2.23 40,000 3.03 40,000 Asia ABL Revolving Loan due June 2024 2.38 30,000 3.18 30,000 1,500,854 1,500,854 Less: Long-term debt unamortized discount (9,305 ) (11,943 ) Long-term debt unamortized debt issuance costs (12,202 ) (12,974 ) 1,479,347 1,475,937 Less: current maturities (249,975 ) (249,975 ) Long-term debt, less current maturities $ 1,229,372 $ 1,225,962 The Company has twelve months to reinvest the cash proceeds received from the sale of the Mobility business unit. If the proceeds are not reinvested, the Company is required to use the proceeds to prepay the Term Loan. The Company plans to use the cash proceeds for debt repayment and reinvestment. Permitted investments, as defined in the Term Loan Credit Agreement, include extensions of trade credit in the ordinary course of business, investments in cash and cash equivalents, permitted acquisitions, investments in assets useful in the business of the Company and its restricted subsidiaries, investments in joint ventures and unrestricted subsidiaries among others. Debt Covenants Borrowings under the Term Loan and Senior Notes are subject to certain affirmative and negative covenants, including limitations on indebtedness, corporate transactions, investments and dispositions, and share payments. Under the occurrence of certain events, the U.S. Asset-Based Lending Credit Agreement (U.S. ABL) and Asia Asset-Based Lending Credit Agreement (Asia ABL) (collectively, the ABL Revolving Loans), are subject to various financial and operational covenants, including maintaining minimum fixed charge coverage ratios. Debt Issuance and Debt Discount As of March 30 , 2020 As of March 30, 2020 As of December 30, 2019 Debt Issuance Costs Debt Discount Effective Interest Rate Debt Issuance Costs Debt Discount Effective Interest Rate (In thousands, except interest rates) Term Loan due September 2024 $ 6,340 $ 1,918 4.66 % $ 6,663 $ 2,016 4.66 % Senior Notes due October 2025 5,121 — 5.92 5,316 — 5.92 Convertible Senior Notes 741 7,387 6.48 995 9,927 6.48 $ 12,202 $ 9,305 $ 12,974 $ 11,943 The above debt discount and debt issuance costs are recorded as a reduction of the debt and are amortized into interest expense using an effective interest rate over the duration of the debt. Remaining unamortized debt issuance costs for the ABL Revolving Loans of $2,369 and $2,511 as of March 30 , 2020 As of March 30 , 2020

Income Taxes

Income Taxes	3 Months Ended
	Mar. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	(9) Income Taxes The Company’s effective tax rate is impacted by tax rates in China and Hong Kong, the U.S. federal income tax rate, apportioned state income tax rates, generation of credits and deductions available to the Company as well as changes in valuation allowances and certain non-deductible items. Additionally, no tax benefit was recorded on the losses incurred in certain foreign jurisdictions as a result of corresponding increases in the valuation allowances in these jurisdictions. During the quarter ended March 30, 2020, the Company’s effective tax rate was impacted by a net discrete expense of $2,053. This is related to retroactive approval of the Company’s renewal application for High and New Tax Enterprise status for two of the Company’s manufacturing subsidiaries in China (including the impact on the respective Company’s deferred tax assets) and by the accrued interest expense on existing uncertain tax positions. The Company has various foreign subsidiaries formed or acquired to conduct or support its business outside the United States. The Company expects its earnings attributable to most foreign subsidiaries may be repatriated back to the U.S. and so a deferred tax liability has been recorded for foreign withholding and the estimated federal/state tax impact. For those other companies with earnings currently being reinvested outside of the U.S., no deferred tax liabilities on undistributed earnings are recorded.

Financial Instruments

Financial Instruments	3 Months Ended
	Mar. 30, 2020
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Financial Instruments	(10) Financial Instruments Derivatives Interest Rate Swaps The Company’s business is exposed to interest rate risk resulting from fluctuations in interest rates on certain LIBOR-based variable rate debt. Increases in interest rates would increase interest expenses relating to the outstanding variable rate borrowings and increase the cost of debt. Fluctuations in interest rates can also lead to significant fluctuations in the fair value of the debt obligations. On May 15, 2018, the Company entered into a four-year At inception, the Company designated the interest rate swap as a cash flow hedge and the fair value of the interest rate swap was zero. As of March 30, 2020, the fair value of the interest rate swap was recorded as a liability in the amount of $19,341 and included as a component of other long-term liabilities. The change in the fair value of the interest rate swap is recorded as a component of accumulated other comprehensive loss, net of tax. No ineffectiveness was recognized for the quarters ended March 30, 2020 and April 1, 2019. The interest rate swap increased interest expense by $1,175 and $339 for the quarters ended March 30, 2020 and April 1, 2019, respectively. Foreign Exchange Contracts The Company enters into foreign currency forward contracts to mitigate the impact of changes in foreign currency exchange rates and to reduce the volatility of purchases and other obligations generated in currencies other than its functional currencies. The Company’s foreign subsidiaries may at times purchase forward exchange contracts to manage their foreign currency risks in relation to certain purchases of machinery denominated in foreign currencies other than the Company’s functional currencies. The notional amount of the foreign exchange contracts as of March 30, 2020 and December 30, 2019 was approximately $787 and $1,994, respectively. The Company has designated certain of these foreign exchange contracts as cash flow hedges. The fair values of derivative instruments in the consolidated condensed balance sheets are as follows: Asset/(Liability) Fair Value Balance Sheet Location March 30, 2020 December 30, 2019 (In thousands) Cash flow derivative instruments designated as hedges: Interest rate swap Other long-term liabilities $ (19,341 ) $ (12,067 ) Cash flow derivative instruments not designated as hedges: Foreign exchange contracts Prepaid expenses and other current assets — 1 Foreign exchange contracts Other current liabilities (2 ) (3 ) The following table provides information about the amounts recorded in accumulated other comprehensive loss related to derivatives designated as cash flow hedges, as well as the amounts recorded in each caption in the consolidated condensed statements of operations when derivative amounts are reclassified out of accumulated other comprehensive loss for the quarters ended March 30, 2020 and April 1, 2019: Quarter Ended March 30, 2020 Quarter Ended April 1, 2019 Financial Statement Caption Loss Recognized in Other Comprehensive Loss Loss Reclassified into Income Loss Recognized in Other Comprehensive Loss Loss Reclassified into Income (In thousands) Cash flow hedge: Interest rate swap Interest expense $ (8,449 ) $ (1,175 ) $ (2,586 ) $ (339 ) The following table provides a summary of the activity associated with the designated cash flow hedges reflected in accumulated other comprehensive loss for the quarters ended March 30, 2020 and April 1, 2019: Quarter Ended March 30, April 1, 2020 2019 (In thousands) Beginning balance, net of tax $ (9,617 ) $ (4,214 ) Changes in fair value loss, net of tax (6,018 ) (1,828 ) Reclassification to earnings 860 278 Ending balance, net of tax $ (14,775 ) $ (5,764 ) Based on the current yield curve, the Company expects that losses of approximately $6,564 of the accumulated other comprehensive loss will be reclassified into the statement of operations, net of tax, in the next twelve months.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 30, 2020
Equity [Abstract]
Accumulated Other Comprehensive Loss	(11) Accumulated Other Comprehensive Loss The following provides a summary of the components of accumulated other comprehensive loss, net of tax, as of March 30, 2020 and December 30, 2019: Foreign Currency Translation Pension Obligation (Losses) Gains on Cash Flow Hedges Total (In thousands) Ending balance as of December 30, 2019 $ 1,115 $ (1,584 ) $ (9,617 ) $ (10,086 ) Other comprehensive (loss) income before reclassifications (367 ) 27 (6,018 ) (6,358 ) Amounts reclassified from accumulated other comprehensive income — — 860 860 Other comprehensive (loss) income (367 ) 27 (5,158 ) (5,498 ) Ending balance as of March 30, 2020 $ 748 $ (1,557 ) $ (14,775 ) $ (15,584 )

Significant Customers and Conce

Significant Customers and Concentration of Credit Risk	3 Months Ended
	Mar. 30, 2020
Risks And Uncertainties [Abstract]
Significant Customers and Concentration of Credit Risk	(12) Significant Customers and Concentration of Credit Risk In the normal course of business, the Company extends credit to its customers. Most customers to which the Company extends credit are located outside the United States. The Company performs ongoing credit evaluations of customers, does not require collateral, and considers the credit risk profile of the entity from which the receivable is due in further evaluating collection risk. The Company’s customers include both OEMs and EMS companies. The Company’s OEM customers often direct a significant portion of their purchases through EMS companies. While the Company’s customers include both OEM and EMS providers, the Company measures customer concentration based on OEM companies, as they are the ultimate end customers. There were no customers that accounted for 10% or more of net sales for the quarters ended March 30, 2020 and April 1, 2019.

Fair Value Measures

Fair Value Measures	3 Months Ended
	Mar. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value Measures	(13) Fair Value Measures The Company measures at fair value its financial and non-financial assets by using a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, essentially an exit price, based on the highest and best use of the asset or liability. The carrying amount and estimated fair value of the Company’s financial instruments as of March 30, 2020 and December 30, 2019 were as follows: As of As of March 30, 2020 December 30, 2019 Carrying Amount Fair Value Carrying Amount Fair Value (In thousands) Derivative assets, current $ — $ — 1 1 Derivative liabilities, current 2 2 3 3 Derivative liabilities, non-current 19,341 19,341 12,067 12,067 Term Loan due September 2024 797,621 706,152 797,200 808,901 Senior Notes due October 2025 369,879 312,101 369,684 390,143 Convertible Senior Notes due December 2020 241,847 276,095 239,053 391,686 ABL Revolving Loans 70,000 70,000 70,000 70,000 The fair value of the derivative instruments was determined using pricing models developed based on the LIBOR swap rate, foreign currency exchange rates, and other observable market data, including quoted market prices, as appropriate using Level 2 inputs. The values were adjusted to reflect non-performance risk of both the counterparty and the Company, as necessary. The fair value of the long-term debt was estimated based on quoted market prices or discounting the debt over its life using current market rates for similar debt as of March 30, 2020 and December 30, 2019, which are considered Level 2 inputs. The fair value of the Convertible Senior Notes was estimated based on quoted market prices of the securities on an active exchange, which are considered Level 2 inputs. As of March 30, 2020 and December 30, 2019, the Company’s other financial instruments also included cash and cash equivalents, accounts receivable, and accounts payable. Due to short-term maturities, the carrying amount of these instruments approximates fair value. The Company’s cash and cash equivalents as of March 30, 2020 consisted of $36,525 held in the U.S., with the remaining $325,467 held by foreign subsidiaries. The majority of the Company’s non-financial assets and liabilities, which include goodwill, intangible assets, inventories, and property, plant and equipment, are not required to be carried at fair value on a recurring basis. However, if certain triggering events occur (or are tested at least annually in the case of goodwill) such that a non-financial instrument is required to be evaluated for impairment, based upon a comparison of the non-financial instrument’s fair value to its carrying value, an impairment is recorded to reduce the carrying value to the fair value, if the carrying value exceeds the fair value.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 30, 2020
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	(14) Commitments and Contingencies Legal Matters The Company is subject to various legal matters, which it considers normal for its business activities. While the Company currently believes that the amount of any reasonably possible loss for known matters would not be material to the Company’s financial condition, the outcome of these actions is inherently difficult to predict. In the event of an adverse outcome, the ultimate potential loss could have a material adverse effect on the Company’s financial condition or results of operations in a particular period. The Company has accrued amounts for its loss contingencies which are probable and estimable as of March 30, 2020 and December 30, 2019. However, these amounts are not material to the consolidated condensed financial statements of the Company.

(Loss) Earnings Per Share

(Loss) Earnings Per Share	3 Months Ended
	Mar. 30, 2020
Earnings Per Share [Abstract]
(Loss) Earnings Per Share	(15) (Loss) Earnings Per Share The following is a reconciliation of the numerator and denominator used to calculate basic earnings per share and diluted earnings per share for the quarters ended March 30, 2020 and April 1, 2019: Quarter Ended March 30, 2020 April 1, 2019 (In thousands, except per share amounts) Net (loss) income $ (3,220 ) $ 6,238 Basic weighted average shares 105,686 104,315 Dilutive effect of performance-based restricted stock units, restricted stock units and stock options — 1,299 Diluted shares 105,686 105,614 (Loss) earnings per share: Basic $ (0.03 ) $ 0.06 Diluted $ (0.03 ) $ 0.06 For the quarter ended March 30, 2020, potential shares of common stock, consisting of stock options to purchase approximately 100 shares of common stock at exercise prices ranging from $9.54 to $16.60 per share, 2,459 restricted stock units (RSUs), and 216 performance-based restricted stock units (PRUs) were not included in the computation of diluted earnings per share because the Company incurred a net loss and, as a result, the impact would be anti-dilutive. PRUs, RSUs, and stock options to purchase 1,089 shares of common stock for the quarter ended April 1, 2019 was not included in the computation of diluted earnings per share because the options’ exercise prices or the total expected proceeds under the treasury stock method for PRUs, RSUs, or stock options was greater than the average market price of common shares during the applicable quarter and, as a result, the impact would be anti-dilutive. Outstanding warrants for the quarters ended March 30, 2020 and April 1, 2019, to purchase common stock were not included in the computation of dilutive earnings per share because the strike price of the warrants to purchase the Company’s common stock were greater than the average market price of common shares during the applicable quarter, and therefore, the effect would be anti-dilutive. For the quarters ended March 30, 2020 and April 1, 2019, the effect of shares of common stock related to the Company’s Convertible Senior Notes, based on the if-converted method, were not included in the computation of dilutive earnings per share as the impact would be anti-dilutive.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 30, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation	(16) Stock-Based Compensation Stock-based compensation expense is recognized in the accompanying consolidated condensed statements of operations as follows: Quarter Ended March 30, April 1, 2020 2019 (In thousands) Cost of goods sold $ 854 $ 705 Selling and marketing 469 466 General and administrative 3,512 2,755 Stock-based compensation expense recognized $ 4,835 $ 3,926 Summary of Unrecognized Compensation Costs The following is a summary of total unrecognized compensation costs as of March 30, 2020: Unrecognized Stock-Based Compensation Cost Remaining Weighted Average Recognition Period (In thousands) (In years) RSU awards $ 16,352 1.4 PRU awards 1,090 1.2 Stock options 213 1.5 $ 17,655

Segment Information

Segment Information	3 Months Ended
	Mar. 30, 2020
Segment Reporting [Abstract]
Segment Information	(17) Segment Information The reportable segments shown below are the Company’s segments for which separate financial information is available and upon which operating results are evaluated by the chief operating decision maker to assess performance and to allocate resources. The Company has two reportable segments: PCB and E-M Solutions. The PCB reportable segment is comprised of multiple operating segments. Factors considered to determine whether operating segments can be aggregated into reportable segments included similarity regarding economic characteristics, products, production processes, type or classes of customers, distribution methods, and regulatory environments. The Company, including the chief operating decision maker, evaluates segment performance based on reportable segment income, which is operating income before amortization of intangibles. Interest expense and interest income are not presented by segment since they are not included in the measure of segment profitability reviewed by the chief operating decision maker. All inter-segment transactions have been eliminated. Quarter Ended March 30, 2020 April 1, 2019 (In thousands) Net Sales: PCB $ 467,430 $ 485,067 E-M Solutions 30,216 51,378 Total net sales $ 497,646 $ 536,445 Operating Segment Income (Loss): PCB $ 61,626 $ 70,494 E-M Solutions (4,329 ) 1,179 Corporate (30,170 ) (24,226 ) Total operating segment income 27,127 47,447 Amortization of definite-lived intangibles (1) (10,945 ) (17,331 ) Total operating income 16,182 30,116 Total other expense (17,279 ) (21,492 ) (Loss) income before income taxes $ (1,097 ) $ 8,624 (1) Amortization of definite-lived intangibles relates to the PCB reportable segment. For the quarters ended March 30, 2020 and April 1, 2019, $1,383 and $1,179, respectively, of amortization expense is included in cost of goods sold. The Corporate category primarily includes operating expenses that are not included in the segment operating performance measures. Corporate consists primarily of corporate governance functions such as finance, accounting, information technology, facilities and human resources personnel, as well as global sales and marketing personnel, research and development costs, and acquisition and integration costs associated with acquisitions.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 30, 2020
Related Party Transactions [Abstract]
Related Party Transactions	(18) Related Party Transactions In the normal course of business, the Company’s foreign subsidiaries purchase laminate and prepreg from related parties in which a member of the Board of Directors of the Company holds an equity interest. The Company’s foreign subsidiaries purchased laminate and prepreg from these related parties in the amount of $6,272 and $8,312 for the quarters ended March 30, 2020 and April 1, 2019, respectively. As of March 30, 2020 and December 30, 2019, the Company’s consolidated condensed balance sheets included $6,895 and $9,220, respectively, in accounts payable due to related parties for purchases of laminate and prepreg and such balances are included as a component of accounts payable on the consolidated condensed balance sheets.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 30, 2020
Subsequent Events [Abstract]
Subsequent Events	(19) Subsequent Events On April 17, 2020, the Company completed the sale of its Mobility business unit for a base purchase price of $550,000 in cash, subject to customary purchase price adjustments. The base purchase price does not include certain accounts receivable of the divested business, which is estimated to total approximately $95,000. On April 29, 2020, the Company announced the restructuring of its E-M Solutions business unit, which consists of three Chinese manufacturing facilities with two being in Shanghai (SH BPA and SH E-MS) and one in Shenzhen (SZ). The Company will discontinue operations at the SH E-MS and SZ facilities while integrating the SH BPA facility into its PCB operations. No goodwill is allocated to the E-M Solutions reportable segment. The cash outlay for severance and other shutdown costs is estimated to be approximately $17,000 and is expected to be incurred over the next 12 to 15 months. The Company also expects to incur approximately $8,000 related to non-cash asset impairments. At this time, these amounts are estimates and subject to change as the Company carries out the restructuring. This subsequent event has not been recognized in these consolidated condensed financial statements and will be recognized in the Company’s consolidated financial statements in the upcoming quarters.

Nature of Operations and Basi_2

Nature of Operations and Basis of Presentation (Policies)	3 Months Ended
	Mar. 30, 2020
Accounting Policies [Abstract]
Reclassifications	Reclassifications Certain prior year amounts in the condensed consolidated financial statements have been reclassified due to the sale of the Company’s Mobility business unit. Refer to Note 2, Discontinued Operations
Recently Adopted and Issued Accounting Standards	Recently Adopted and Issued Accounting Standards Recently Adopted Accounting Standards In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments Recently Issued Accounting Standards Not Yet Adopted In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes In August 2018, the FASB issued ASU 2018-14, Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20)—Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 30, 2020
Discontinued Operations And Disposal Groups [Abstract]
Schedule of Components of Discontinued Operations	The following table summarizes the results of Mobility operations for each period prior to sale: Quarter Ended March 30, April 1, 2020 2019 (In thousands, except per share data) Net sales $ 113,174 $ 83,755 Cost of goods sold 108,425 93,896 Gross profit 4,749 (10,141 ) Operating expenses: Selling and marketing 1,176 1,341 General and administrative 1,310 470 Research and development 147 — Amortization of definite-lived intangibles 675 674 Total operating expenses 3,308 2,485 Operating income (loss) 1,441 (12,626 ) Other income (expense): Interest expense (223 ) (553 ) Other, net 1,571 (173 ) Total other income (expense), net 1,348 (726 ) Income (loss) from discontinued operations before income taxes 2,789 (13,352 ) Income tax (provision) benefit (743 ) 3,862 Income (loss) from discontinued operations, net of income taxes $ 2,046 $ (9,490 ) Earnings (loss) per share from discontinued operations: Basic earnings (loss) per share $ 0.02 $ (0.09 ) Diluted earnings (loss) per share $ 0.02 $ (0.09 ) As of March 30, December 30, 2020 2019 (In thousands) Cash and cash equivalents $ 33,103 $ 20,336 Restricted cash 35,342 — Accounts receivable, net 6 66 Contract assets 30,181 33,635 Inventories 8,643 8,266 Prepaid expenses and other current assets 3,978 5,269 Property, plant and equipment, net 330,312 344,728 Operating lease right-of-use assets 1,593 1,983 Goodwill 68,267 68,267 Definite-lived intangibles, net 5,653 6,328 Deposits and other non-current assets 5,896 4,291 Total assets classified as held for sale $ 522,974 $ 493,169 Accounts payable $ 144,715 153,700 Accrued salaries, wages and benefits 12,057 13,606 Other current liabilities 12,720 18,085 Operating lease liabilities 820 1,104 Other long-term liabilities 423 426 Total liabilities classified as held for sale $ 170,735 $ 186,921

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 30, 2020
Leases [Abstract]
Components of Lease Expense	The components of lease expense were as follows: Quarter Ended March 30, 2020 April 1, 2019 (In thousands) Operating lease cost $ 2,481 $ 2,032 Variable lease cost 106 159 Short-term lease cost 229 41
Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows: Quarter Ended March 30, 2020 April 1, 2019 (In thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 2,171 $ 2,012 Right-of-use assets obtained in exchange for new lease obligations: Operating leases 1,876 6,824
Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases was as follows: As of March 30, 2020 December 30, 2019 (In thousands) Operating lease right-of-use assets $ 21,724 $ 22,173 Other current liabilities 7,504 7,111 Operating lease liabilities 14,832 15,413 Total operating lease liabilities $ 22,336 $ 22,524 As of March 30, 2020 December 30, 2019 Weighted average remaining lease term 4.2 years 4.4 years Weighted average discount rate 3.24 % 3.92 %
Maturities of Operating Lease Liabilities	Maturities of operating lease liabilities were as follows (1) (In thousands) Less than one year $ 7,875 1 - 2 years 6,533 2 - 3 years 2,820 3 - 4 years 2,258 4 - 5 years 1,791 Thereafter 2,681 Total lease payments 23,958 Less imputed interest (1,622 ) Total $ 22,336 (1) Excludes $851 of legally binding minimum lease payments for leases signed but not yet commenced.

Revenues (Tables)

Revenues (Tables)	3 Months Ended
	Mar. 30, 2020
Revenue From Contract With Customer [Abstract]
Schedule of Disaggregation of Revenue by Principal End Markets with the Reportable Segment	The following tables represent a disaggregation of revenue by principal end markets with the reportable segments: Quarter Ended March 30, 2020 PCB E-M Solutions Total End Markets (In thousands) Aerospace and Defense $ 184,451 $ — $ 184,451 Automotive 61,421 7,463 68,884 Cellular Phone 2,788 — 2,788 Computing/Storage/Peripherals 58,282 104 58,386 Medical/Industrial/Instrumentation 88,224 3,758 91,982 Networking/Communications 60,898 18,977 79,875 Other 11,366 (86 ) 11,280 Total $ 467,430 $ 30,216 $ 497,646 Quarter Ended April 1, 2019 PCB E-M Solutions Total End Markets (In thousands) Aerospace and Defense $ 164,797 $ 4 $ 164,801 Automotive 81,593 19,765 101,358 Cellular Phone 1,904 — 1,904 Computing/Storage/Peripherals 57,846 189 58,035 Medical/Industrial/Instrumentation 82,182 8,167 90,349 Networking/Communications 84,023 23,339 107,362 Other 12,722 (86 ) 12,636 Total $ 485,067 $ 51,378 $ 536,445

Composition of Certain Consol_2

Composition of Certain Consolidated Condensed Financial Statement Captions (Tables)	3 Months Ended
	Mar. 30, 2020
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Schedule of Composition of Certain Consolidated Condensed Financial Statement Captions	As of March 30, 2020 December 30, 2019 (In thousands) Inventories: Raw materials $ 108,770 $ 97,660 Work-in-process 8,709 10,898 Finished goods 3,470 5,195 $ 120,949 $ 113,753 Property, plant and equipment, net: Land and land use rights $ 62,009 $ 62,009 Buildings and improvements 390,544 381,980 Machinery and equipment 808,022 777,916 Furniture and fixtures and other 10,511 10,329 Construction-in-progress 31,168 58,195 1,302,254 1,290,429 Less: Accumulated depreciation (635,643 ) (612,228 ) $ 666,611 $ 678,201

Goodwill (Tables)

Goodwill (Tables)	3 Months Ended
	Mar. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill	As of March 30, 2020 and December 30, 2019, goodwill was as follows: Total (In thousands) Balance as of December 30, 2019 and March 30, 2020 Goodwill $ 946,191 Accumulated impairment loss (171,400 ) Goodwill in assets held for sale (68,267 ) $ 706,524

Definite-lived Intangibles (Tab

Definite-lived Intangibles (Tables)	3 Months Ended
	Mar. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Definite Lived Intangibles	As of March 30, 2020 and December 30, 2019, the components of definite-lived intangibles were as follows: Gross Amount Accumulated Amortization Net Carrying Amount Weighted Average Amortization Period (In thousands) (In years) March 30, 2020 Customer relationships $ 397,500 $ (120,865 ) $ 276,635 11.0 Technology 47,650 (9,550 ) 38,100 9.5 $ 445,150 $ (130,415 ) $ 314,735 December 30, 2019 Customer relationships $ 396,270 $ (111,272 ) $ 284,998 11.0 Technology 39,500 (8,064 ) 31,436 9.4 Acquired intangibles from acquisition in 2019 Customer relationships 1,230 (31 ) 1,199 5.0 Technology 8,150 (103 ) 8,047 10.0 $ 445,150 $ (119,470 ) $ 325,680
Estimated Aggregate Amortization for Definite-Lived Intangible Assets	Estimated aggregate amortization for definite-lived intangible assets for the next five years and thereafter is as follows: (In thousands) Remaining 2020 $ 32,836 2021 41,344 2022 38,793 2023 36,838 2024 29,812 Thereafter 135,112 $ 314,735

Long-term Debt and Letters of_2

Long-term Debt and Letters of Credit (Tables)	3 Months Ended
	Mar. 30, 2020
Debt Disclosure [Abstract]
Long-term Debt	The following table summarizes the long-term debt of the Company as of March 30, 2020 and December 30, 2019: Interest Rate as of March 30, 2020 Principal Outstanding as of March 30, 2020 Interest Rate as of December 30, 2019 Principal Outstanding as of December 30, 2019 (In thousands) Term Loan due September 2024 3.48 % $ 805,879 4.28 % $ 805,879 Senior Notes due October 2025 5.63 375,000 5.63 375,000 Convertible Senior Notes due December 2020 1.75 249,975 1.75 249,975 U.S. ABL Revolving Loan due June 2024 2.23 40,000 3.03 40,000 Asia ABL Revolving Loan due June 2024 2.38 30,000 3.18 30,000 1,500,854 1,500,854 Less: Long-term debt unamortized discount (9,305 ) (11,943 ) Long-term debt unamortized debt issuance costs (12,202 ) (12,974 ) 1,479,347 1,475,937 Less: current maturities (249,975 ) (249,975 ) Long-term debt, less current maturities $ 1,229,372 $ 1,225,962
Schedule of Remaining Unamortized Debt Discount and Debt Issuance Costs	As of March 30 , 2020 As of March 30, 2020 As of December 30, 2019 Debt Issuance Costs Debt Discount Effective Interest Rate Debt Issuance Costs Debt Discount Effective Interest Rate (In thousands, except interest rates) Term Loan due September 2024 $ 6,340 $ 1,918 4.66 % $ 6,663 $ 2,016 4.66 % Senior Notes due October 2025 5,121 — 5.92 5,316 — 5.92 Convertible Senior Notes 741 7,387 6.48 995 9,927 6.48 $ 12,202 $ 9,305 $ 12,974 $ 11,943

Financial Instruments (Tables)

Financial Instruments (Tables)	3 Months Ended
	Mar. 30, 2020
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Summary of Fair Values of Derivative Instruments in Consolidated Condensed Balance Sheets	The fair values of derivative instruments in the consolidated condensed balance sheets are as follows: Asset/(Liability) Fair Value Balance Sheet Location March 30, 2020 December 30, 2019 (In thousands) Cash flow derivative instruments designated as hedges: Interest rate swap Other long-term liabilities $ (19,341 ) $ (12,067 ) Cash flow derivative instruments not designated as hedges: Foreign exchange contracts Prepaid expenses and other current assets — 1 Foreign exchange contracts Other current liabilities (2 ) (3 )
Summary of Accumulated Other Comprehensive Loss Related to Derivatives Designated as Cash Flow Hedges	The following table provides information about the amounts recorded in accumulated other comprehensive loss related to derivatives designated as cash flow hedges, as well as the amounts recorded in each caption in the consolidated condensed statements of operations when derivative amounts are reclassified out of accumulated other comprehensive loss for the quarters ended March 30, 2020 and April 1, 2019: Quarter Ended March 30, 2020 Quarter Ended April 1, 2019 Financial Statement Caption Loss Recognized in Other Comprehensive Loss Loss Reclassified into Income Loss Recognized in Other Comprehensive Loss Loss Reclassified into Income (In thousands) Cash flow hedge: Interest rate swap Interest expense $ (8,449 ) $ (1,175 ) $ (2,586 ) $ (339 )
Summary of Activity of Designated Cash Flow Hedges in Accumulated Other Comprehensive Loss	The following table provides a summary of the activity associated with the designated cash flow hedges reflected in accumulated other comprehensive loss for the quarters ended March 30, 2020 and April 1, 2019: Quarter Ended March 30, April 1, 2020 2019 (In thousands) Beginning balance, net of tax $ (9,617 ) $ (4,214 ) Changes in fair value loss, net of tax (6,018 ) (1,828 ) Reclassification to earnings 860 278 Ending balance, net of tax $ (14,775 ) $ (5,764 )

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Mar. 30, 2020
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Loss, Net of Tax	The following provides a summary of the components of accumulated other comprehensive loss, net of tax, as of March 30, 2020 and December 30, 2019: Foreign Currency Translation Pension Obligation (Losses) Gains on Cash Flow Hedges Total (In thousands) Ending balance as of December 30, 2019 $ 1,115 $ (1,584 ) $ (9,617 ) $ (10,086 ) Other comprehensive (loss) income before reclassifications (367 ) 27 (6,018 ) (6,358 ) Amounts reclassified from accumulated other comprehensive income — — 860 860 Other comprehensive (loss) income (367 ) 27 (5,158 ) (5,498 ) Ending balance as of March 30, 2020 $ 748 $ (1,557 ) $ (14,775 ) $ (15,584 )

Fair Value Measures (Tables)

Fair Value Measures (Tables)	3 Months Ended
	Mar. 30, 2020
Fair Value Disclosures [Abstract]
Carrying Amount and Estimated Fair Value of Financial Instruments	The carrying amount and estimated fair value of the Company’s financial instruments as of March 30, 2020 and December 30, 2019 were as follows: As of As of March 30, 2020 December 30, 2019 Carrying Amount Fair Value Carrying Amount Fair Value (In thousands) Derivative assets, current $ — $ — 1 1 Derivative liabilities, current 2 2 3 3 Derivative liabilities, non-current 19,341 19,341 12,067 12,067 Term Loan due September 2024 797,621 706,152 797,200 808,901 Senior Notes due October 2025 369,879 312,101 369,684 390,143 Convertible Senior Notes due December 2020 241,847 276,095 239,053 391,686 ABL Revolving Loans 70,000 70,000 70,000 70,000

(Loss) Earnings Per Share (Tabl

(Loss) Earnings Per Share (Tables)	3 Months Ended
	Mar. 30, 2020
Earnings Per Share [Abstract]
Reconciliation of Numerator and Denominator Used to Calculate Basic Earnings per Share and Diluted Earnings per Share	The following is a reconciliation of the numerator and denominator used to calculate basic earnings per share and diluted earnings per share for the quarters ended March 30, 2020 and April 1, 2019: Quarter Ended March 30, 2020 April 1, 2019 (In thousands, except per share amounts) Net (loss) income $ (3,220 ) $ 6,238 Basic weighted average shares 105,686 104,315 Dilutive effect of performance-based restricted stock units, restricted stock units and stock options — 1,299 Diluted shares 105,686 105,614 (Loss) earnings per share: Basic $ (0.03 ) $ 0.06 Diluted $ (0.03 ) $ 0.06

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 30, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Amounts Recognized in Consolidated Financial Statements of Operations with Respect to Stock Based Compensation Plan	Stock-based compensation expense is recognized in the accompanying consolidated condensed statements of operations as follows: Quarter Ended March 30, April 1, 2020 2019 (In thousands) Cost of goods sold $ 854 $ 705 Selling and marketing 469 466 General and administrative 3,512 2,755 Stock-based compensation expense recognized $ 4,835 $ 3,926
Summary of Unrecognized Compensation Costs	The following is a summary of total unrecognized compensation costs as of March 30, 2020: Unrecognized Stock-Based Compensation Cost Remaining Weighted Average Recognition Period (In thousands) (In years) RSU awards $ 16,352 1.4 PRU awards 1,090 1.2 Stock options 213 1.5 $ 17,655

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 30, 2020
Segment Reporting [Abstract]
Reconciliation of Operating Income (Loss) from Segments to Consolidated	Quarter Ended March 30, 2020 April 1, 2019 (In thousands) Net Sales: PCB $ 467,430 $ 485,067 E-M Solutions 30,216 51,378 Total net sales $ 497,646 $ 536,445 Operating Segment Income (Loss): PCB $ 61,626 $ 70,494 E-M Solutions (4,329 ) 1,179 Corporate (30,170 ) (24,226 ) Total operating segment income 27,127 47,447 Amortization of definite-lived intangibles (1) (10,945 ) (17,331 ) Total operating income 16,182 30,116 Total other expense (17,279 ) (21,492 ) (Loss) income before income taxes $ (1,097 ) $ 8,624 (1) Amortization of definite-lived intangibles relates to the PCB reportable segment. For the quarters ended March 30, 2020 and April 1, 2019, $1,383 and $1,179, respectively, of amortization expense is included in cost of goods sold.

Discontinued Operations - Addit

Discontinued Operations - Additional Information (Details) - USD ($) $ in Thousands	Apr. 17, 2020	Mar. 30, 2020	Apr. 01, 2019
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Depreciation expense related to the discontinued operations		$ 18,265	$ 18,075
Definitive Equity Interests Purchase Agreement | Subsequent Event
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Proceeds from sale of subsidiaries of mobility business unit	$ 550,000
Estimated additional cash from sale of subsidiaries of mobility business unit	$ 95,000

Discontinued Operations - Sched

Discontinued Operations - Schedule of Components of Discontinued Operations of Statements of Operations (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Discontinued Operations And Disposal Groups [Abstract]
Net sales	$ 113,174	$ 83,755
Cost of goods sold	108,425	93,896
Gross profit	4,749	(10,141)
Operating expenses:
Selling and marketing	1,176	1,341
General and administrative	1,310	470
Research and development	147
Amortization of definite-lived intangibles	675	674
Total operating expenses	3,308	2,485
Operating income (loss)	1,441	(12,626)
Other income (expense):
Interest expense	(223)	(553)
Other, net	1,571	(173)
Total other income (expense), net	1,348	(726)
Income (loss) from discontinued operations before income taxes	2,789	(13,352)
Income tax (provision) benefit	(743)	3,862
Income (loss) from discontinued operations, net of income taxes	$ 2,046	$ (9,490)
Earnings (loss) per share from discontinued operations:
Basic earnings (loss) per share	$ 0.02	$ (0.09)
Diluted earnings (loss) per share	$ 0.02	$ (0.09)

Discontinued Operations - Sch_2

Discontinued Operations - Schedule of Components of Discontinued Operations of Balance Sheets (Details) - USD ($) $ in Thousands	Mar. 30, 2020	Dec. 30, 2019
Discontinued Operations And Disposal Groups [Abstract]
Cash and cash equivalents	$ 33,103	$ 20,336
Restricted cash	35,342
Accounts receivable, net	6	66
Contract assets	30,181	33,635
Inventories	8,643	8,266
Prepaid expenses and other current assets	3,978	5,269
Property, plant and equipment, net	330,312	344,728
Operating lease right-of-use assets	1,593	1,983
Goodwill	68,267	68,267
Definite-lived intangibles, net	5,653	6,328
Deposits and other non-current assets	5,896	4,291
Total assets classified as held for sale	522,974	493,169
Accounts payable	144,715	153,700
Accrued salaries, wages and benefits	12,057	13,606
Other current liabilities	12,720	18,085
Operating lease liabilities	820	1,104
Other long-term liabilities	423	426
Total liabilities classified as held for sale	$ 170,735	$ 186,921

Components of Lease Expense (De

Components of Lease Expense (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Leases [Abstract]
Operating lease cost	$ 2,481	$ 2,032
Variable lease cost	106	159
Short-term lease cost	$ 229	$ 41

Supplemental Cash Flow Informat

Supplemental Cash Flow Information Related to Leases (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 2,171	$ 2,012
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases	$ 1,876	$ 6,824

Supplemental Balance Sheet Info

Supplemental Balance Sheet Information Related to Leases (Detail) - USD ($) $ in Thousands	Mar. 30, 2020	Dec. 30, 2019
Leases [Abstract]
Operating lease right-of-use assets	$ 21,724	$ 22,173
Other current liabilities	$ 7,504	$ 7,111
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilitiesCurrent	us-gaap:OtherLiabilitiesCurrent
Operating lease liabilities	$ 14,832	$ 15,413
Total operating lease liabilities	$ 22,336	$ 22,524
Weighted average remaining lease term	4 years 2 months 12 days	4 years 4 months 24 days
Weighted average discount rate	3.24%	3.92%

Maturities of Operating Lease L

Maturities of Operating Lease Liabilities (Detail) - USD ($) $ in Thousands	Mar. 30, 2020	Dec. 30, 2019
Leases [Abstract]
Less than one year	$ 7,875
1 - 2 years	6,533
2 - 3 years	2,820
3 - 4 years	2,258
4 - 5 years	1,791
Thereafter	2,681
Total lease payments	23,958
Less imputed interest	(1,622)
Total	$ 22,336	$ 22,524

Maturities of Operating Lease_2

Maturities of Operating Lease Liabilities (Parenthetical) (Detail)	Mar. 30, 2020USD ($)
Leases [Abstract]
Legally binding lease payments for leases signed but not yet commenced	$ 851,000

Revenues - Additional Informati

Revenues - Additional Information (Detail 1) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2020-03-31 $ in Thousands	Mar. 30, 2020USD ($)
Revenue From Contract With Customer [Line Items]
Transaction price allocated to remaining performance obligations	$ 23,014
Remaining performance obligation period	12 months

Revenues - Additional Informa_2

Revenues - Additional Information (Detail)	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Revenue From Contract With Customer [Line Items]
Remaining revenue performance obligation, percentage	44.00%
Transferred over Time
Revenue From Contract With Customer [Line Items]
Revenue from products and services transferred to customers, percentage	98.00%	97.00%
Transferred at Point in Time
Revenue From Contract With Customer [Line Items]
Revenue from products and services transferred to customers, percentage	2.00%	3.00%

Disaggregation of Revenue by Pr

Disaggregation of Revenue by Principal End Markets with the Reportable Segment (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Disaggregation Of Revenue [Line Items]
Total Revenue	$ 497,646	$ 536,445
Aerospace and Defense
Disaggregation Of Revenue [Line Items]
Total Revenue	184,451	164,801
Automotive
Disaggregation Of Revenue [Line Items]
Total Revenue	68,884	101,358
Cellular Phone
Disaggregation Of Revenue [Line Items]
Total Revenue	2,788	1,904
Computing/Storage/Peripherals
Disaggregation Of Revenue [Line Items]
Total Revenue	58,386	58,035
Medical/Industrial/Instrumentation
Disaggregation Of Revenue [Line Items]
Total Revenue	91,982	90,349
Networking/Communications
Disaggregation Of Revenue [Line Items]
Total Revenue	79,875	107,362
Other
Disaggregation Of Revenue [Line Items]
Total Revenue	11,280	12,636
Printed Circuit Board
Disaggregation Of Revenue [Line Items]
Total Revenue	467,430	485,067
Printed Circuit Board | Aerospace and Defense
Disaggregation Of Revenue [Line Items]
Total Revenue	184,451	164,797
Printed Circuit Board | Automotive
Disaggregation Of Revenue [Line Items]
Total Revenue	61,421	81,593
Printed Circuit Board | Cellular Phone
Disaggregation Of Revenue [Line Items]
Total Revenue	2,788	1,904
Printed Circuit Board | Computing/Storage/Peripherals
Disaggregation Of Revenue [Line Items]
Total Revenue	58,282	57,846
Printed Circuit Board | Medical/Industrial/Instrumentation
Disaggregation Of Revenue [Line Items]
Total Revenue	88,224	82,182
Printed Circuit Board | Networking/Communications
Disaggregation Of Revenue [Line Items]
Total Revenue	60,898	84,023
Printed Circuit Board | Other
Disaggregation Of Revenue [Line Items]
Total Revenue	11,366	12,722
E-M Solutions
Disaggregation Of Revenue [Line Items]
Total Revenue	30,216	51,378
E-M Solutions | Aerospace and Defense
Disaggregation Of Revenue [Line Items]
Total Revenue		4
E-M Solutions | Automotive
Disaggregation Of Revenue [Line Items]
Total Revenue	7,463	19,765
E-M Solutions | Computing/Storage/Peripherals
Disaggregation Of Revenue [Line Items]
Total Revenue	104	189
E-M Solutions | Medical/Industrial/Instrumentation
Disaggregation Of Revenue [Line Items]
Total Revenue	3,758	8,167
E-M Solutions | Networking/Communications
Disaggregation Of Revenue [Line Items]
Total Revenue	18,977	23,339
E-M Solutions | Other
Disaggregation Of Revenue [Line Items]
Total Revenue	$ (86)	$ (86)

Schedule of Composition of Cert

Schedule of Composition of Certain Consolidated Condensed Financial Statement Captions (Detail) - USD ($) $ in Thousands	Mar. 30, 2020	Dec. 30, 2019
Inventories:
Raw materials	$ 108,770	$ 97,660
Work-in-process	8,709	10,898
Finished goods	3,470	5,195
Inventories	120,949	113,753
Property, plant and equipment, net:
Land and land use rights	62,009	62,009
Buildings and improvements	390,544	381,980
Machinery and equipment	808,022	777,916
Furniture and fixtures and other	10,511	10,329
Construction-in-progress	31,168	58,195
Property, plant and equipment, gross	1,302,254	1,290,429
Less: Accumulated depreciation	(635,643)	(612,228)
Property, plant and equipment, net	$ 666,611	$ 678,201

Goodwill (Detail)

Goodwill (Detail) - USD ($) $ in Thousands	Mar. 30, 2020	Dec. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill	$ 946,191	$ 946,191
Accumulated impairment loss	(171,400)	(171,400)
Goodwill in assets held for sale	(68,267)	(68,267)
Goodwill, net	$ 706,524	$ 706,524

Definite-lived Intangibles (Det

Definite-lived Intangibles (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 30, 2020	Dec. 30, 2019
Finite-Lived Intangible Assets [Line Items]
Gross Amount	$ 445,150	$ 445,150
Accumulated Amortization	(130,415)	(119,470)
Net Carrying Amount	314,735	325,680
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Gross Amount	397,500	396,270
Accumulated Amortization	(120,865)	(111,272)
Net Carrying Amount	$ 276,635	$ 284,998
Weighted Average Amortization Period	11 years	11 years
Customer Relationships | Acquired Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Gross Amount		$ 1,230
Accumulated Amortization		(31)
Net Carrying Amount		$ 1,199
Weighted Average Amortization Period		5 years
Technology
Finite-Lived Intangible Assets [Line Items]
Gross Amount	$ 47,650	$ 39,500
Accumulated Amortization	(9,550)	(8,064)
Net Carrying Amount	$ 38,100	$ 31,436
Weighted Average Amortization Period	9 years 6 months	9 years 4 months 24 days
Technology | Acquired Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Gross Amount		$ 8,150
Accumulated Amortization		(103)
Net Carrying Amount		$ 8,047
Weighted Average Amortization Period		10 years

Definite-lived Intangibles - Ad

Definite-lived Intangibles - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Amortization of definite-lived intangibles	$ 10,945	$ 17,331
Amortization of definite-lived intangibles included in cost of goods sold	$ 1,383	$ 1,179

Estimated Aggregate Amortizatio

Estimated Aggregate Amortization for Definite-Lived Intangible Assets (Detail) - USD ($) $ in Thousands	Mar. 30, 2020	Dec. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Remaining 2020	$ 32,836
2021	41,344
2022	38,793
2023	36,838
2024	29,812
Thereafter	135,112
Net Carrying Amount	$ 314,735	$ 325,680

Long-term Debt (Detail)

Long-term Debt (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 30, 2020	Dec. 30, 2019
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,500,854	$ 1,500,854
Less: Long-term debt unamortized discount	(9,305)	(11,943)
Long-term debt unamortized debt issuance costs	(12,202)	(12,974)
Long-term debt, Carrying Amount	1,479,347	1,475,937
Less: current maturities	(249,975)	(249,975)
Long-term debt, less current maturities	1,229,372	1,225,962
1.75% Convertible Senior Notes due December 15, 2020
Debt Instrument [Line Items]
Long-term debt, gross	249,975	249,975
Less: Long-term debt unamortized discount	$ (7,387)	$ (9,927)
Debt instrument, interest rate	1.75%	1.75%
Term Loan Due September 2024
Debt Instrument [Line Items]
Long-term debt, gross	$ 805,879	$ 805,879
Less: Long-term debt unamortized discount	$ (1,918)	$ (2,016)
Interest rate at period end	3.48%	4.28%
Senior Notes Due October 2025
Debt Instrument [Line Items]
Long-term debt, gross	$ 375,000	$ 375,000
Debt instrument, interest rate	5.63%	5.63%
U.S. Asset Based Lending Revolving Loan Due June 2024
Debt Instrument [Line Items]
Revolving loan	$ 40,000	$ 40,000
Long-term debt unamortized debt issuance costs	$ (2,369)	$ (2,511)
Interest rate at period end	2.23%	3.03%
Asia Asset Based Lending Revolving Loan Due June 2024
Debt Instrument [Line Items]
Revolving loan	$ 30,000	$ 30,000
Interest rate at period end	2.38%	3.18%

Long-term Debt (Parenthetical)

Long-term Debt (Parenthetical) (Detail)	3 Months Ended
	Mar. 30, 2020
1.75% Convertible Senior Notes due December 15, 2020
Debt Instrument [Line Items]
Long-term debt, maturity month and year	2020-12
Term Loan Due September 2024
Debt Instrument [Line Items]
Long-term debt, maturity month and year	2024-09
Senior Notes Due October 2025
Debt Instrument [Line Items]
Long-term debt, maturity month and year	2025-10
U.S. Asset Based Lending Revolving Loan Due June 2024
Debt Instrument [Line Items]
Long-term debt, maturity month and year	2024-06
Asia Asset Based Lending Revolving Loan Due June 2024
Debt Instrument [Line Items]
Long-term debt, maturity month and year	2024-06

Long-term Debt and Letters of_3

Long-term Debt and Letters of Credit - Schedule of Remaining Unamortized Debt Discount and Debt Issuance Costs (Detail) - USD ($) $ in Thousands	Mar. 30, 2020	Dec. 30, 2019
Debt Instrument [Line Items]
Debt Issuance Costs	$ 12,202	$ 12,974
Debt Discount	9,305	11,943
1.75% Convertible Senior Notes due December 15, 2020
Debt Instrument [Line Items]
Debt Issuance Costs	741	995
Debt Discount	$ 7,387	$ 9,927
Effective Interest Rate	6.48%	6.48%
Term Loan Due September 2024
Debt Instrument [Line Items]
Debt Issuance Costs	$ 6,340	$ 6,663
Debt Discount	$ 1,918	$ 2,016
Effective Interest Rate	4.66%	4.66%
Senior Notes Due October 2025
Debt Instrument [Line Items]
Debt Issuance Costs	$ 5,121	$ 5,316
Effective Interest Rate	5.92%	5.92%

Long-term Debt and Letters of_4

Long-term Debt and Letters of Credit - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Dec. 30, 2019
Debt Instrument [Line Items]
Remaining unamortized debt issuance costs	$ 12,202	$ 12,974
Weighted Average
Debt Instrument [Line Items]
Unamortized debt discount and debt issuance costs, amortization period	3 years 4 months 24 days
U.S. Asset Based Lending Revolving Loan Due June 2024
Debt Instrument [Line Items]
Remaining unamortized debt issuance costs	$ 2,369	$ 2,511

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail)	3 Months Ended
	Mar. 30, 2020USD ($)
Income Tax Disclosure [Abstract]
Change in valuation allowance	$ 0
Effective tax rate impacted by net discrete tax expense (benefit)	2,053,000
Tax on undistributed earnings	$ 0

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) - USD ($)	May 15, 2018	Mar. 30, 2020	Apr. 01, 2019	Dec. 30, 2019
Derivative [Line Items]
Accumulated other comprehensive income (loss) will be reclassified into the statement of operations, net of tax, in the next 12 months		$ (6,564,000)
Interest Rate Swap
Derivative [Line Items]
Interest rate derivatives, at fair value, net	$ 0
Derivative, ineffectiveness		0	$ 0
Interest Rate Swap | Other Long-term Liabilities
Derivative [Line Items]
Interest rate derivative liability, at fair value		19,341,000
Interest Rate Swap | Interest expense
Derivative [Line Items]
Derivative instrument, increased interest expense		1,175,000	$ 339,000
Foreign Exchange Contracts
Derivative [Line Items]
Derivative, notional amount		$ 787,000		$ 1,994,000
1-Month LIBOR | Interest Rate Swap
Derivative [Line Items]
Derivative, maturity period	4 years
Derivative, notional amount	$ 400,000,000
Derivative, expiration date	Jun. 1, 2022
Derivative, fixed rate	2.84%

Summary of Fair Values of Deriv

Summary of Fair Values of Derivative Instruments in Consolidated Condensed Balance Sheets (Detail) - USD ($) $ in Thousands	Mar. 30, 2020	Dec. 30, 2019
Other Long-term Liabilities | Interest Rate Swap
Cash flow derivative instruments designated as hedges:
Cash flow derivative instruments designated as hedges, liability fair value	$ (19,341)	$ (12,067)
Prepaid Expenses and Other Current Assets | Foreign Exchange Contracts
Cash flow derivative instruments not designated as hedges:
Cash flow derivative instruments not designated as hedges, liability fair value		1
Other Current Liabilities | Foreign Exchange Contracts
Cash flow derivative instruments not designated as hedges:
Cash flow derivative instruments designated as hedges, asset fair value	$ (2)	$ (3)

Summary of Accumulated Other Co

Summary of Accumulated Other Comprehensive Loss Related to Derivatives Designated as Cash Flow Hedges (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Derivative Instruments Gain Loss [Line Items]
Loss Recognized in Other Comprehensive Loss	$ (6,018)	$ (1,828)
Interest Rate Swap | Interest expense
Derivative Instruments Gain Loss [Line Items]
Loss Recognized in Other Comprehensive Loss	(8,449)	(2,586)
Loss Reclassified into Income	$ (1,175)	$ (339)

Summary of Activity of Designat

Summary of Activity of Designated Cash Flow Hedges in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Derivative [Line Items]
Beginning balance	$ 1,279,037	$ 1,227,087
Ending balance	1,277,200	1,226,859
Gains (Losses) on Cash Flow Hedges
Derivative [Line Items]
Beginning balance	(9,617)	(4,214)
Changes in fair value loss, net of tax	(6,018)	(1,828)
Reclassification to earnings	860	278
Ending balance	$ (14,775)	$ (5,764)

Schedule of Accumulated Other C

Schedule of Accumulated Other Comprehensive Loss, Net of Tax (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ 1,279,037	$ 1,227,087
Other comprehensive loss, net of tax	(5,498)	(901)
Ending balance	1,277,200	1,226,859
Foreign Currency Translation
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	1,115
Other comprehensive (loss) income before reclassifications	(367)
Other comprehensive loss, net of tax	(367)
Ending balance	748
Pension Obligation
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(1,584)
Other comprehensive (loss) income before reclassifications	27
Other comprehensive loss, net of tax	27
Ending balance	(1,557)
(Losses) Gains on Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(9,617)	(4,214)
Other comprehensive (loss) income before reclassifications	(6,018)	(1,828)
Amounts reclassified from accumulated other comprehensive income	860	278
Other comprehensive loss, net of tax	(5,158)
Ending balance	(14,775)	(5,764)
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(10,086)	(3,920)
Other comprehensive (loss) income before reclassifications	(6,358)
Amounts reclassified from accumulated other comprehensive income	860
Other comprehensive loss, net of tax	(5,498)	(901)
Ending balance	$ (15,584)	$ (4,821)

Significant Customers and Con_2

Significant Customers and Concentration of Credit Risk - Additional Information (Detail) - Customer	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Risks And Uncertainties [Abstract]
Number of customers contributing to more than ten percent of revenue	0	0

Carrying Amount and Estimated F

Carrying Amount and Estimated Fair Value of Financial Instruments (Detail) - USD ($) $ in Thousands	Mar. 30, 2020	Dec. 30, 2019
Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets, current		$ 1
Derivative liabilities, current	$ 2	3
Derivative liabilities, non-current	19,341	12,067
Carrying Amount | 1.75% Convertible Senior Notes due December 15, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	241,847	239,053
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets, current		1
Derivative liabilities, current	2	3
Derivative liabilities, non-current	19,341	12,067
Fair Value | 1.75% Convertible Senior Notes due December 15, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	276,095	391,686
Term Loan Due September 2024 | Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	797,621	797,200
Term Loan Due September 2024 | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	706,152	808,901
Senior Notes Due October 2025 | Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	369,879	369,684
Senior Notes Due October 2025 | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	312,101	390,143
ABL Revolving Loans | Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	70,000	70,000
ABL Revolving Loans | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	$ 70,000	$ 70,000

Fair Value Measures - Additiona

Fair Value Measures - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 30, 2020	Dec. 30, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	$ 361,992	$ 379,818
Domestic Subsidiaries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	36,525
Foreign Subsidiaries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	$ 325,467

Reconciliation of Numerator and

Reconciliation of Numerator and Denominator Used to Calculate Basic Earnings per Share and Diluted Earnings per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Earnings Per Share [Abstract]
Net (loss) income	$ (3,220)	$ 6,238
Basic weighted average shares	105,686	104,315
Dilutive effect of performance-based restricted stock units, restricted stock units and stock options		1,299
Diluted shares	105,686	105,614
(Loss) earnings per share:
Basic	$ (0.03)	$ 0.06
Diluted	$ (0.03)	$ 0.06

(Loss) Earnings Per Share - Add

(Loss) Earnings Per Share - Additional Information (Detail) - $ / shares shares in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Performance-Based Restricted Stock Units (PRUs), Restricted Stock Units (RSUs) and Stock options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Shares excluded from calculating diluted earnings per share		1,089
Stock options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Shares excluded from calculating diluted earnings per share	100
Common stock exercise price, lower range limit	$ 9.54
Common stock exercise price, upper range limit	$ 16.60
Performance-Based Restricted Stock Units (PRUs)
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Shares excluded from calculating diluted earnings per share	216
Restricted Stock Units (RSUs)
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Shares excluded from calculating diluted earnings per share	2,459

Amounts Recognized in Consolida

Amounts Recognized in Consolidated Financial Statements of Operations with Respect to Stock Based Compensation Plan (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense recognized	$ 4,835	$ 3,926
Cost of goods sold
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense recognized	854	705
Selling and marketing
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense recognized	469	466
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense recognized	$ 3,512	$ 2,755

Summary of Unrecognized Compens

Summary of Unrecognized Compensation Costs (Detail) $ in Thousands	3 Months Ended
	Mar. 30, 2020USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Stock-Based Compensation Cost	$ 17,655
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Stock-Based Compensation Cost	$ 16,352
Remaining Weighted Average Recognition Period (years)	1 year 4 months 24 days
Performance-Based Restricted Stock Units (PRUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Stock-Based Compensation Cost	$ 1,090
Remaining Weighted Average Recognition Period (years)	1 year 2 months 12 days
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Stock-Based Compensation Cost	$ 213
Remaining Weighted Average Recognition Period (years)	1 year 6 months

Segment Information - Additiona

Segment Information - Additional Information (Detail)	3 Months Ended
	Mar. 30, 2020Segment
Segment Reporting [Abstract]
Number of reportable segments	2

Reconciliation of Operating Inc

Reconciliation of Operating Income (Loss) from Segments to Consolidated By Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Segment Reporting Information [Line Items]
Net sales	$ 497,646	$ 536,445
Operating income (loss)	16,182	30,116
Amortization of definite-lived intangibles	(10,945)	(17,331)
Total other expense	(17,279)	(21,492)
(Loss) income before income taxes	(1,097)	8,624
Printed Circuit Board
Segment Reporting Information [Line Items]
Net sales	467,430	485,067
E-M Solutions
Segment Reporting Information [Line Items]
Net sales	30,216	51,378
Operating Segment
Segment Reporting Information [Line Items]
Operating income (loss)	27,127	47,447
Operating Segment | Printed Circuit Board
Segment Reporting Information [Line Items]
Net sales	467,430	485,067
Operating income (loss)	61,626	70,494
Operating Segment | E-M Solutions
Segment Reporting Information [Line Items]
Net sales	30,216	51,378
Operating income (loss)	(4,329)	1,179
Corporate
Segment Reporting Information [Line Items]
Operating income (loss)	$ (30,170)	$ (24,226)

Reconciliation of Operating I_2

Reconciliation of Operating Income (Loss) from Segments to Consolidated By Reportable Segments (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019
Segment Reporting Information [Line Items]
Amortization of definite-lived intangibles	$ 1,383	$ 1,179
Printed Circuit Board
Segment Reporting Information [Line Items]
Amortization of definite-lived intangibles	$ 1,383	$ 1,179

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2020	Apr. 01, 2019	Dec. 30, 2019
Related Party Transaction [Line Items]
Accounts payable due to related parties	$ 6,895		$ 9,220
Foreign Subsidiaries
Related Party Transaction [Line Items]
Purchases from related party	$ 6,272	$ 8,312

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail)	Apr. 29, 2020USD ($)Facility	Apr. 17, 2020USD ($)	Mar. 30, 2020USD ($)	Dec. 30, 2019USD ($)
Subsequent Events [Line Items]
Goodwill			$ 706,524,000	$ 706,524,000
Subsequent Events | E-M Solutions
Subsequent Events [Line Items]
Number of manufacturing facilities | Facility	3
Goodwill	$ 0
Estimated severance and other shutdown costs	17,000,000
Expected non-cash asset impairments	$ 8,000,000
Subsequent Events | E-M Solutions | Minimum
Subsequent Events [Line Items]
Severance and other shutdown costs incurred period	12 months
Subsequent Events | E-M Solutions | Maximum
Subsequent Events [Line Items]
Severance and other shutdown costs incurred period	15 months
Subsequent Events | Shanghai | E-M Solutions
Subsequent Events [Line Items]
Number of manufacturing facilities | Facility	2
Subsequent Events | Shenzhen | E-M Solutions
Subsequent Events [Line Items]
Number of manufacturing facilities | Facility	1
Subsequent Events | Definitive Equity Interests Purchase Agreement
Subsequent Events [Line Items]
Proceeds from sale of subsidiaries of mobility business unit		$ 550,000,000
Estimated accounts receivable from sale of subsidiaries of mobility business unit		$ 95,000,000