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Business Acquisitions (Tables) | 12 Months Ended
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Dec. 26, 2015
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The preliminary purchase price allocation of $212.2 million, net of $2.3 million of cash acquired, was as follows:
| July 24, 2015
| (in thousands)
Trade receivables (contractual amount of $5,410) | $ | 5,288 |
Inventories | 10,103 |
Other current assets (excluding cash) | 13,432 |
Property, plant and equipment | 4,639 |
Definite-lived intangible assets | 118,140 |
Goodwill | 105,380 |
Other long-term assets | 614 |
Short-term debt | (9,766 | )
Other current liabilities | (7,448 | )
Long-term liabilities | (28,146 | )
Total purchase price allocation | $ | 212,236 |
The preliminary purchase price allocation of $9.6 million, net of less than $0.1 million of cash acquired, was as follows:
| May 5, 2015
| (in thousands)
Trade receivables (contractual amount of $995) | $ | 981 |
Inventories | 1,518 |
Other current assets (excluding cash) | 973 |
Property, plant and equipment | 13,698 |
Definite-lived intangible assets | 3,400 |
Current liabilities | (925 | )
Long-term liabilities | (250 | )
Fair value of net assets acquired | 19,395 |
Bargain purchase gain | (9,837 | )
Total purchase price allocation | $ | 9,558 |
The preliminary purchase price allocation of $35.4 million, net of $0.6 million of cash acquired, was as follows:
| November 18, 2015
| (in thousands)
Trade receivables (contractual amount of $3,546) | $ | 3,520 |
Inventories | 129 |
Other current assets (excluding cash) | 706 |
Property, plant and equipment | 2,528 |
Definite-lived intangible assets | 13,330 |
Goodwill | 22,894 |
Other long-term assets | 250 |
Current liabilities | (3,456 | )
Long-term liabilities | (4,470 | )
Total purchase price allocation | $ | 35,431 |
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | The breakout of definite-lived intangible assets acquired was as follows:
| Definite-Lived Intangible Assets |  | Weighted Average Amortization Life
| (in thousands) |  | (in years)
Client relationships | $ | 71,000 |  |  | 16
Developed technology | 39,140 |  |  | 14
Trademark and trade names | 5,200 |  |  | 14
Non-compete | 2,800 |  |  | 5
Total definite-lived intangible assets | $ | 118,140 |  |  |
The breakout of definite-lived intangible assets acquired was as follows:
| Definite-Lived Intangible Assets |  | Weighted Average Amortization Life
| (in thousands) |  | (in years)
Client relationships | $ | 7,146 |  |  | 19
Developed technology | 5,960 |  |  | 19
Other intangible assets | 224 |  |  | 3
Total definite-lived intangible assets | $ | 13,330 |  |  |
Business Acquisition, Pro Forma Information | The following selected unaudited pro forma consolidated results of operations are presented as if the Celsis acquisition had occurred as of the beginning of the period immediately preceding the period of acquisition after giving effect to certain nonrecurring costs and other adjustments, resulting in a reversal of $0.6 million and additional expenses of $13.1 million for the fiscal years 2015 and 2014, respectively, related to depreciation and amortization of property, plant and equipment, inventory fair value adjustments and intangible assets.
| Fiscal Year
| 2015 |  | 2014
| (in thousands, except per share amounts)
| (unaudited)
Revenue | $ | 1,380,493 |  |  | $ | 1,329,025 |
Net income attributable to common shareholders | 162,672 |  |  | 110,387 |
Earnings per common share |  |  |
Basic | $ | 3.50 |  |  | $ | 2.37 |
Diluted | $ | 3.42 |  |  | $ | 2.32 |
ChanTest |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The purchase price allocation of $52.0 million, net of $7.2 million in cash acquired, is as follows:
| October 29, 2014
| (in thousands)
Current assets (excluding cash) | $ | 4,669 |
Property, plant and equipment | 1,637 |
Definite-lived intangible assets | 23,920 |
Goodwill | 34,775 |
Current liabilities | (3,486 | )
Long-term liabilities | (9,486 | )
Total purchase price allocation | $ | 52,029 |
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination | The breakout of definite-lived intangible assets acquired is as follows:
| October 29, 2014 |  | Weighted Average Amortization Life
| (in thousands) |  | (in years)
Client relationships | $ | 19,000 |  |  | 13
Other intangible assets | 4,920 |  |  | 9
Total definite-lived intangible assets | $ | 23,920 |  |  |
Early Discovery UK |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The purchase price allocation of $183.6 million, net of $8.2 million of cash acquired, was as follows:
| April 1, 2014
| (in thousands)
Current assets (excluding cash) | $ | 31,682 |
Property, plant and equipment | 21,008 |
Other long-term assets | 11,140 |
Definite-lived intangible assets | 104,470 |
Goodwill | 65,235 |
Current liabilities | (13,139 | )
Long-term liabilities | (36,802 | )
Total purchase price allocation | $ | 183,594 |
Business Acquisition, Pro Forma Information | The following selected unaudited pro forma consolidated results of operations are presented as if the Argenta and BioFocus acquisition had occurred as of the beginning of the period immediately preceding the period of acquisition after giving effect to certain adjustments, including amortization of intangible assets and depreciation of fixed assets of $3.7 million and other nonrecurring costs.
| Fiscal Year
| 2014 |  | 2013
| (in thousands, except per share amounts)
| (unaudited)
Revenue | $ | 1,322,771 |  |  | $ | 1,249,649 |
Net income attributable to common shareholders | 128,195 |  |  | 98,508 |
Earnings per common share: |  |  |
Basic | $ | 2.75 |  |  | $ | 2.06 |
Diluted | $ | 2.70 |  |  | $ | 2.03 |
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination | The breakout of definite-lived intangible assets acquired was as follows:
| April 1, 2014 |  | Weighted Average Amortization Life
| (in thousands) |  | (in years)
Client relationships | $ | 94,000 |  |  | 18
Backlog | 5,900 |  |  | 1
Trademark and trade names | 1,170 |  |  | 3
Leasehold interests | 1,000 |  |  | 13
Other intangible assets | 2,400 |  |  | 19
Total definite-lived intangible assets | $ | 104,470 |  |  |
Microbial Solutions |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The purchase price allocation was as follows:
| October 4, 2013
| (in thousands)
Current assets (excluding cash) | $ | 300 |
Property, plant and equipment | 154 |
Definite-lived intangible assets | 1,885 |
Goodwill | 2,659 |
Current liabilities | (64 | )
Total purchase price allocation | $ | 4,934 |
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | The breakout of definite-lived intangible assets acquired was as follows:
| October 4, 2013 |  | Weighted Average Amortization Life
| (in thousands) |  | (in years)
Client relationships | $ | 1,870 |  |  | 8
Other intangible assets | 15 |  |  | 2
Total definite-lived intangible assets | $ | 1,885 |  |  |
Vital River |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The purchase price allocation was as follows:
| January 4, 2013
| (in thousands)
Current assets (excluding cash) | $ | 3,092 |
Property, plant and equipment | 10,468 |
Other long-term assets | 2,242 |
Definite-lived intangible assets | 16,954 |
Goodwill | 16,989 |
Current liabilities | (11,303 | )
Long-term liabilities | (5,260 | )
Redeemable noncontrolling interest | (8,963 | )
Total purchase price allocation | $ | 24,219 |
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | The breakout of definite-lived intangible assets acquired was as follows:
| January 4, 2013 |  | Weighted Average Amortization Life
| (in thousands) |  | (in years)
Client relationships | $ | 14,741 |  |  | 12
Reacquired rights | 2,053 |  |  | 1
Other intangible assets | 160 |  |  | 3
Total definite-lived intangible assets | $ | 16,954 |  |  |

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