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ACQUISITIONS (Tables) | 3 Months Ended
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Mar. 30, 2019
Business Combinations [Abstract] |
Schedule Preliminary Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed of Convert as of the date of acquisition:
|  | At August 3, 2018
Current assets |  | $ | 18,349 |
Other assets |  | 3,166 |
Patent and Proprietary Technology |  | 16,554 |
Trade name |  | 8,701 |
Goodwill |  | 34,280 |
Total fair value of assets acquired |  | $ | 81,050 |
Current liabilities |  | 5,376 |
Contingent consideration liability |  | 11,608 |
Deferred taxes |  | 6,061 |
Total fair value of liabilities assumed |  | $ | 23,045 |
Non-controlling interest |  | 14,501 |
Net assets acquired |  | $ | 43,504 |
The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed of Walpar as of the date of acquisition:
|  | At August 3, 2018
Current assets |  | $ | 13,210 |
Customer relationships |  | 32,000 |
Trade name |  | 4,300 |
Goodwill |  | 42,216 |
Total fair value of assets acquired |  | $ | 91,726 |
Current liabilities |  | 2,185 |
Deferred taxes |  | 8,654 |
Total fair value of liabilities assumed |  | $ | 10,839 |
Non-controlling interest |  | 23,082 |
Net assets acquired |  | $ | 57,805 |
Schedule of Pro Forma | The proforma effect of these acquisitions on the first quarter of 2019 and 2018 is as follows:
| Thirteen weeks ended March 30, 2019 | Thirteen weeks ended March 31, 2018
Net sales | $ | 694,558 |  | $ | 713,686 |
Net earnings | 36,719 |  | 39,879 |
Earnings per share-diluted | 1.67 |  | 1.75 |

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