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Acquisitions and Purchase Accounting (Tables) | 9 Months Ended
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Oct. 01, 2016
Business Acquisition [Line Items] |
Business Acquisition, Pro Forma Information [Table Text Block] | The following pro forma results include adjustments to reflect additional interest expense to fund the acquisitions, amortization of intangibles associated with the acquisitions, and the effects of adjustments made to the carrying value of certain assets (in thousands, except per share data):
| Nine Months Ended
| October 1, 2016 |  | October 3, 2015
Net sales | $ | 1,738,535 |  |  | $ | 1,716,740 |
Net earnings | 207,939 |  |  | 143,117 |
Net earnings per share: |  |  |  |  |
Basic | 3.65 |  |  | 2.51 |
Diluted | 3.65 |  |  | 2.51 |
Follett [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands):
| (as initially reported) May 31, 2016 |  | Preliminary Measurement Period Adjustments |  | (as adjusted) May 31, 2016
Cash | $ | 22,620 |  |  | $ | 1,359 |  |  | $ | 23,979 |
Current assets | 41,602 |  |  | (124 | ) |  | 41,478 |
Property, plant and equipment | 19,868 |  |  | — |  |  | 19,868 |
Goodwill | 76,220 |  |  | (463 | ) |  | 75,757 |
Other intangibles | 82,450 |  |  | — |  |  | 82,450 |
Other assets | 1,358 |  |  | — |  |  | 1,358 |
Current liabilities | (11,779 | ) |  | (772 | ) |  | (12,551 | )
Other non-current liabilities | (616 | ) |  | — |  |  | (616 | )
Net assets acquired and liabilities assumed | $ | 231,723 |  |  | $ | — |  |  | $ | 231,723 |
Thurne [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The final allocation of cash paid for the Thurne acquisition is summarized as follows (in thousands):
| (as initially reported) Apr 7, 2015 |  | Measurement Period Adjustments |  | (as adjusted) Apr 7, 2015
Current assets | $ | 3,419 |  |  | $ | (275 | ) |  | $ | 3,144 |
Property, plant and equipment | 3,334 |  |  | — |  |  | 3,334 |
Goodwill | 609 |  |  | 2,378 |  |  | 2,987 |
Other intangibles | 3,625 |  |  | (2,024 | ) |  | 1,601 |
Current liabilities | (1,115 | ) |  | — |  |  | (1,115 | )
Net assets acquired and liabilities assumed | $ | 9,872 |  |  | $ | 79 |  |  | $ | 9,951 |
Desmon [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The final allocation of cash paid for the Desmon acquisition is summarized as follows (in thousands):
| (as initially reported) Jan 7, 2015 |  | Measurement Period Adjustments |  | (as adjusted) Jan 7, 2015
Cash | $ | 441 |  |  | $ | (12 | ) |  | $ | 429 |
Current deferred tax asset | 535 |  |  | — |  |  | 535 |
Current assets | 8,639 |  |  | (1,105 | ) |  | 7,534 |
Property, plant and equipment | 7,989 |  |  | — |  |  | 7,989 |
Goodwill | 7,175 |  |  | 53 |  |  | 7,228 |
Other intangibles | 3,129 |  |  | (899 | ) |  | 2,230 |
Current liabilities | (8,668 | ) |  | 998 |  |  | (7,670 | )
Long-term deferred tax liability | (2,389 | ) |  | 282 |  |  | (2,107 | )
Other non-current liabilities | (2,463 | ) |  | 269 |  |  | (2,194 | )
Consideration paid at closing | $ | 14,388 |  |  | $ | (414 | ) |  | $ | 13,974 |
Contingent consideration | 2,416 |  |  | (269 | ) |  | 2,147 |
Net assets acquired and liabilities assumed | $ | 16,804 |  |  | $ | (683 | ) |  | $ | 16,121 |
PES [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The final allocation of cash paid for the PES acquisition is summarized as follows (in thousands):
| (as initially reported) Mar 31, 2014 |  | Measurement Period Adjustments |  | (as adjusted) Mar 31, 2014
Current assets | $ | 2,211 |  |  | $ | (153 | ) |  | $ | 2,058 |
Property, plant and equipment | 3,493 |  |  | — |  |  | 3,493 |
Goodwill | 10,792 |  |  | 332 |  |  | 11,124 |
Other intangibles | 1,600 |  |  | 18 |  |  | 1,618 |
Other assets | 21 |  |  | (21 | ) |  | — |
Current liabilities | (816 | ) |  | — |  |  | (816 | )
Other non-current liabilities | (2,301 | ) |  | (176 | ) |  | (2,477 | )
Consideration paid at closing | $ | 15,000 |  |  | $ | — |  |  | $ | 15,000 |
Contingent consideration | 2,301 |  |  | 176 |  |  | 2,477 |
Net assets acquired and liabilities assumed | $ | 17,301 |  |  | $ | 176 |  |  | $ | 17,477 |
Market Forge [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The final allocation of cash paid for the Market Forge acquisition is summarized as follows (in thousands):
| (as initially reported) Jan 7, 2014 |  | Measurement Period Adjustments |  | (as adjusted) Jan 7, 2014
Current assets | $ | 2,051 |  |  | $ | (100 | ) |  | $ | 1,951 |
Property, plant and equipment | 120 |  |  | — |  |  | 120 |
Goodwill | 5,252 |  |  | 654 |  |  | 5,906 |
Other intangibles | 4,191 |  |  | — |  |  | 4,191 |
Current liabilities | (4,374 | ) |  | (554 | ) |  | (4,928 | )
Consideration paid at closing | $ | 7,240 |  |  | $ | — |  |  | $ | 7,240 |
Deferred payments | 3,000 |  |  | — |  |  | 3,000 |
Contingent consideration | 1,374 |  |  | 126 |  |  | 1,500 |
Net assets acquired and liabilities assumed | $ | 11,614 |  |  | $ | 126 |  |  | $ | 11,740 |
Distributors 2014 [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The final allocation of cash paid for the Viking Distributors 2014 acquisition is summarized as follows (in thousands):
| (as initially reported) Jan 31, 2014 |  | Measurement Period Adjustments |  | (as adjusted) Jan 31, 2014
Current assets | $ | 35,909 |  |  | $ | (8,101 | ) |  | $ | 27,808 |
Property, plant and equipment | 2,000 |  |  | (291 | ) |  | 1,709 |
Goodwill | 7,552 |  |  | 8,647 |  |  | 16,199 |
Current liabilities | (1,005 | ) |  | (255 | ) |  | (1,260 | )
Net assets acquired and liabilities assumed | $ | 44,456 |  |  | $ | — |  |  | $ | 44,456 |
Forgiveness of liabilities owed to Viking | (5,971 | ) |  | — |  |  | (5,971 | )
Consideration paid at closing | $ | 38,485 |  |  | $ | — |  |  | $ | 38,485 |
Concordia [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | :
| (as initially reported) Sep 8, 2014 |  | Measurement Period Adjustments |  | (as adjusted) Sep 8, 2014
Cash | $ | 345 |  |  | $ | — |  |  | $ | 345 |
Current deferred tax asset | — |  |  | 726 |  |  | 726 |
Current assets | 3,767 |  |  | (497 | ) |  | 3,270 |
Goodwill | 11,255 |  |  | (5,720 | ) |  | 5,535 |
Other intangibles | 4,500 |  |  | (1,200 | ) |  | 3,300 |
Long-term deferred tax asset | — |  |  | 3,264 |  |  | 3,264 |
Current liabilities | (2,296 | ) |  | (842 | ) |  | (3,138 | )
Other non-current liabilities | (4,710 | ) |  | 4,189 |  |  | (521 | )
Consideration paid at closing | $ | 12,861 |  |  | $ | (80 | ) |  | $ | 12,781 |
Contingent consideration | 4,710 |  |  | (4,189 | ) |  | 521 |
Net assets acquired and liabilities assumed | $ | 17,571 |  |  | $ | (4,269 | ) |  | $ | 13,302 |
ULine [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The final allocation of cash paid for the U-Line acquisition is summarized as follows (in thousands):
| (as initially reported) Nov 5, 2014 |  | Measurement Period Adjustments |  | (as adjusted) Nov 5, 2014
Cash | $ | 12,764 |  |  | $ | — |  |  | $ | 12,764 |
Current deferred tax asset | 657 |  |  | 114 |  |  | 771 |
Current assets | 12,237 |  |  | — |  |  | 12,237 |
Property, plant and equipment | 3,376 |  |  | — |  |  | 3,376 |
Goodwill | 89,501 |  |  | (8,000 | ) |  | 81,501 |
Other intangibles | 57,500 |  |  | 17,700 |  |  | 75,200 |
Current liabilities | (6,032 | ) |  | (1,973 | ) |  | (8,005 | )
Long-term deferred tax liability | (13,095 | ) |  | (4,657 | ) |  | (17,752 | )
Other non-current liabilities | (2,111 | ) |  | (3,459 | ) |  | (5,570 | )
Net assets acquired and liabilities assumed | $ | 154,797 |  |  | $ | (275 | ) |  | $ | 154,522 |
GoldsteinEswood [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The final allocation of cash paid for the Goldstein acquisition is summarized as follows (in thousands):
| (as initially reported) Jan 30, 2015 |  | Measurement Period Adjustments |  | (as adjusted) Jan 30, 2015
Current assets | $ | 8,036 |  |  | $ | — |  |  | $ | 8,036 |
Property, plant and equipment | 8,690 |  |  | — |  |  | 8,690 |
Goodwill | 8,493 |  |  | (2,727 | ) |  | 5,766 |
Other intangibles | 5,648 |  |  | 3,113 |  |  | 8,761 |
Current liabilities | (1,806 | ) |  | (202 | ) |  | (2,008 | )
Other non-current liabilities | (1,655 | ) |  | (184 | ) |  | (1,839 | )
Consideration paid at closing | $ | 27,406 |  |  | $ | — |  |  | $ | 27,406 |
Contingent consideration | 1,655 |  |  | 183 |  |  | 1,838 |
Net assets acquired and liabilities assumed | $ | 29,061 |  |  | $ | 183 |  |  | $ | 29,244 |
Marsal [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The final allocation of cash paid for the Marsal acquisition is summarized as follows (in thousands):
| (as initially reported) Feb 10, 2015 |  | Measurement Period Adjustments |  | (as adjusted) Feb 10, 2015
Current assets | $ | 455 |  |  | $ | — |  |  | $ | 455 |
Property, plant and equipment | 201 |  |  | (6 | ) |  | 195 |
Goodwill | 3,012 |  |  | 6 |  |  | 3,018 |
Other intangibles | 2,027 |  |  | — |  |  | 2,027 |
Current liabilities | (195 | ) |  | — |  |  | (195 | )
Net assets acquired and liabilities assumed | $ | 5,500 |  |  | $ | — |  |  | $ | 5,500 |
Induc [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | acquisition is summarized as follows (in thousands):
| (as initially reported) May 30, 2015 |  | Measurement Period Adjustments |  | (as adjusted) May 30, 2015
Current assets | $ | 1,705 |  |  | $ | (325 | ) |  | $ | 1,380 |
Property, plant and equipment | 536 |  |  | 353 |  |  | 889 |
Goodwill | 13,496 |  |  | (979 | ) |  | 12,517 |
Other intangibles | 1,500 |  |  | (300 | ) |  | 1,200 |
Other assets | 32 |  |  | (32 | ) |  | — |
Current liabilities | (854 | ) |  | 854 |  |  | — |
Other non-current liabilities | (5,793 | ) |  | 586 |  |  | (5,207 | )
Consideration paid at closing | $ | 10,622 |  |  | $ | 157 |  |  | $ | 10,779 |
Deferred payment | 1,516 |  |  | (44 | ) |  | 1,472 |
Contingent consideration | 4,276 |  |  | (541 | ) |  | 3,735 |
Net assets acquired and liabilities assumed | $ | 16,414 |  |  | $ | (428 | ) |  | $ | 15,986 |
Aga [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The final allocation of cash paid for the AGA acquisition is summarized as follows (in thousands):
| (as initially reported) Sep 23, 2015 |  | Measurement Period Adjustments |  | (as adjusted) Sep 23, 2015
Cash | $ | 15,316 |  |  | $ | 1,013 |  |  | $ | 16,329 |
Current assets | 163,216 |  |  | (27,193 | ) |  | 136,023 |
Property, plant and equipment | 61,423 |  |  | 16,309 |  |  | 77,732 |
Goodwill | 144,645 |  |  | 69,483 |  |  | 214,128 |
Other intangibles | 190,000 |  |  | (67,020 | ) |  | 122,980 |
Deferred tax asset | 5,306 |  |  | 5,436 |  |  | 10,742 |
Other assets | 1,573 |  |  | 978 |  |  | 2,551 |
Current portion long-term debt | (30,703 | ) |  | 21 |  |  | (30,682 | )
Current liabilities | (147,279 | ) |  | (11,360 | ) |  | (158,639 | )
Long term debt | (138 | ) |  | (89 | ) |  | (227 | )
Long-term deferred tax liability | — |  |  |  |  | — |
Other non-current liabilities | (202,312 | ) |  | 12,422 |  |  | (189,890 | )
Net assets acquired and liabilities assumed | $ | 201,047 |  |  | $ | — |  |  | $ | 201,047 |
Lynx [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | he following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands):
| (as initially reported) Dec 15, 2015 |  | Preliminary Measurement Period Adjustments |  | (as adjusted) Dec 15, 2015
Cash | $ | 276 |  |  | $ | — |  |  | $ | 276 |
Current deferred tax asset | 467 |  |  | 1,319 |  |  | 1,786 |
Current assets | 18,630 |  |  | (296 | ) |  | 18,334 |
Property, plant and equipment | 1,690 |  |  | — |  |  | 1,690 |
Goodwill | 42,502 |  |  | (86 | ) |  | 42,416 |
Other intangibles | 39,800 |  |  | — |  |  | 39,800 |
Other assets | 130 |  |  | — |  |  | 130 |
Current liabilities | (6,208 | ) |  | (1,219 | ) |  | (7,427 | )
Long term deferred tax liability | (12,589 | ) |  | 2,591 |  |  | (9,998 | )
Other non-current liabilities | (666 | ) |  | (2,023 | ) |  | (2,689 | )
Net assets acquired and liabilities assumed | $ | 84,032 |  |  | $ | 286 |  |  | $ | 84,318 |
Emico [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands):
| (as initially reported) May 20, 2016 |  | Preliminary Measurement Period Adjustments |  | (as adjusted) May 20, 2016
Current assets | $ | 746 |  |  | (65 | ) |  | 681 |
Goodwill | 1,816 |  |  | 110 |  |  | 1,926 |
Current liabilities | (934 | ) |  | (27 | ) |  | (961 | )
Other non-current liabilities | (628 | ) |  | (18 | ) |  | (646 | )
Consideration paid at closing | $ | 1,000 |  |  | $ | — |  |  | $ | 1,000 |
Deferred payments | 1,559 |  |  | 45 |  |  | 1,604 |
Net assets acquired and liabilities assumed | $ | 2,559 |  |  | $ | 45 |  |  | $ | 2,604 |

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