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BUSINESS ACQUISITIONS (Tables)

6 Months Ended

Jun. 29, 2019

The purchase price allocation of $21.5 million, net of $1.0 million of cash acquired and a final net working capital adjustment of $0.4 million, was as follows:



	January 11, 2018
	(in thousands)
Trade receivables (contractual amount of $1,309)	$	1,309
Other current assets (excluding cash)	99
Property, plant and equipment	1,136
Definite-lived intangible assets - client relationships	3,647
Goodwill	17,660
Current liabilities	(1,575		)
Deferred revenue	(151		)
Long-term liabilities	(596		)
Total purchase price allocation	$	21,529

The preliminary purchase allocation of $491.7 million, net of $36.4 million of cash acquired was as follows:



	April 29, 2019
	(in thousands)
Trade receivables (contractual amount of $35,547)	$	35,547
Inventories	5,282
Other current assets (excluding cash)	14,687
Property, plant and equipment	93,326
Goodwill	275,076
Definite-lived intangible assets	161,100
Other long-term assets	20,465
Deferred revenue	(14,647		)
Current liabilities	(46,118		)
Deferred tax liabilities	(28,467		)
Other long-term liabilities	(20,487		)
Redeemable noncontrolling interest	(4,035		)
Total purchase price allocation	$	491,729

The purchase allocation of $800.8 million, net of $27.7 million of cash acquired and a final net working capital adjustment of $1.2 million, was as follows:



	April 3, 2018
	(in thousands)
Trade receivables (contractual amount of $35,073)	$	35,073
Inventories	4,463
Other current assets (excluding cash)	5,893
Property, plant and equipment	128,403
Goodwill	441,656
Definite-lived intangible assets	309,200
Other long-term assets	1,081
Deferred revenue	(23,926		)
Current liabilities	(32,885		)
Deferred tax liabilities	(65,945		)
Other long-term liabilities	(2,213		)
Total purchase price allocation	$	800,800

Schedule of Definite-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	$	264,900	13
Developed technology	23,400		3
Backlog	20,900		1
Total definite-lived intangible assets	$	309,200	12

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	$	133,500	13
Developed technology	19,900		3
Backlog	7,700		1
Total definite-lived intangible assets	$	161,100	12

Schedule of Business Acquisition, Pro Forma Information

For the six months ended June 30, 2018, these adjustments included additional amortization of intangible assets and depreciation of fixed assets of $5.1 million, additional interest expense on borrowings of $2.0 million, elimination of intercompany activity and other one-time costs, and the tax impacts of these adjustments.



	Three Months Ended				Six Months Ended
	June 29, 2019		June 30, 2018		June 29, 2019		June 30, 2018
	(in thousands)
Revenue	$	673,645	$	630,411	$	1,325,483	$	1,168,651
Net income attributable to common shareholders	53,625		54,990		114,653		107,859

For the six months ended June 30, 2018, these adjustments included additional amortization of intangible assets and depreciation of fixed assets of $9.4 million, additional interest expense on borrowings of $2.8 million, elimination of intercompany activity and other one-time costs, and the tax impacts of these adjustments.



	June 30, 2018
	Three Months Ended		Six Months Ended
	(in thousands)
Revenue	$	585,297	$	1,141,388
Net income attributable to common shareholders	60,161		109,575