XML 70 R17.htm IDEA: XBRL DOCUMENT v3.22.0.1
Goodwill
 12 Months Ended
Jan. 01, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
10. Goodwill
Changes in goodwill were as follows (in thousands):
January 1,
2022		January 2,
2021
Goodwill, beginning of period$103,206 $22,350 
Increase from business combinations— 79,862 
Foreign currency translation and other adjustments(2,872)994 
Goodwill, end of period$100,334 $103,206 
During the first quarter of 2020, the Company completed an immaterial business combination. Based on the Company’s purchase price allocation for this transaction, approximately $31.4 million of the purchase price was assigned to goodwill.
During the second quarter of 2020, the Company completed another immaterial business combination. Based on the Company’s purchase price allocation for this transaction, approximately $26.7 million of the purchase price was assigned to goodwill.
During the fourth quarter of 2020, the Company obtained a controlling interest in a provider of advanced hemodynamic monitoring solutions. Based on the Company’s purchase price allocation, approximately $21.8 million of the purchase price was assigned to goodwill. 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.