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Goodwill
12 Months Ended
Jan. 02, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
10. Goodwill
Changes in goodwill were as follows (in thousands):
January 2,
2021
December 28,
2019
Goodwill, beginning of period$22,350 $23,297 
Increase from business combinations79,862 — 
Foreign currency translation and other adjustments994 (947)
Goodwill, end of period$103,206 $22,350 
During the first quarter of fiscal 2020, the Company completed an immaterial business combination. Based on the Company’s preliminary purchase price allocation for this transaction, approximately $31.4 million of the purchase price was assigned to goodwill.
During the second quarter of fiscal 2020, the Company completed another immaterial business combination. Based on the Company’s preliminary purchase price allocation for this transaction, approximately $26.7 million of the purchase price was assigned to goodwill.
During the fourth quarter of fiscal 2020, the Company obtained a controlling interest in a provider of advanced hemodynamic monitoring solutions. Based on the Company’s preliminary purchase price allocation, approximately $21.8 million of the purchase price was assigned to goodwill. Subsequently, during the first quarter of fiscal 2021, the Company acquired the remaining minority interest. See Note 14 to these consolidated financial statements for further details.
The Company is still gathering additional information to finalize these preliminary estimates with respect to tax contingency matters and expects to finalize the purchase price allocations as soon as practicable, but no later than one year from the acquisition dates.