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Aqcuisitions and Purchase Accounting (Tables) | 12 Months Ended
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Dec. 28, 2019
Taylor |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The final allocation of consideration paid for the Taylor acquisition is summarized as follows (in thousands):
| (as initially reported) June 22, 2018 |  | Measurement Period Adjustments |  | (as adjusted) June 22, 2018
Cash | $ | 2,551 |  |  | $ | 64 |  |  | $ | 2,615 |
Current assets | 71,162 |  |  | (2,011 | ) |  | 69,151 |
Property, plant and equipment | 21,187 |  |  | (556 | ) |  | 20,631 |
Goodwill | 491,339 |  |  | (120,497 | ) |  | 370,842 |
Other intangibles | 484,210 |  |  | 119,550 |  |  | 603,760 |
Other assets | — |  |  | 361 |  |  | 361 |
Long-term deferred tax asset | — |  |  | 227 |  |  | 227 |
Current liabilities | (48,417 | ) |  | (4,099 | ) |  | (52,516 | )
Other non-current liabilities | (8,161 | ) |  | (648 | ) |  | (8,809 | )
Net assets acquired and liabilities assumed | $ | 1,013,871 |  |  | $ | (7,609 | ) |  | $ | 1,006,262 |
Standex |
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) April 1, 2019 |  | Preliminary Measurement Period Adjustments |  | (as adjusted) April 1, 2019
Cash | $ | 843 |  |  | $ | — |  |  | $ | 843 |
Current assets | 33,666 |  |  | (1,325 | ) |  | 32,341 |
Property, plant and equipment | 15,959 |  |  | (243 | ) |  | 15,716 |
Goodwill | 31,207 |  |  | 5,327 |  |  | 36,534 |
Other intangibles | 53,450 |  |  | (5,850 | ) |  | 47,600 |
Other assets | — |  |  | 1,470 |  |  | 1,470 |
Current liabilities | (15,130 | ) |  | (368 | ) |  | (15,498 | )
Long-term deferred tax liability | (13,082 | ) |  | 2,226 |  |  | (10,856 | )
Other non-current liabilities | — |  |  | (1,163 | ) |  | (1,163 | )
Net assets acquired and liabilities assumed | $ | 106,913 |  |  | $ | 74 |  |  | $ | 106,987 |
2018 acquisitions |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The final allocation of consideration paid for the other 2018 acquisitions is summarized as follows (in thousands):
| Preliminary Opening Balance Sheet |  | Measurement Period Adjustments |  | Adjusted Opening Balance Sheet
Cash | $ | 16,293 |  |  | $ | (37 | ) |  | $ | 16,256 |
Current assets | 38,048 |  |  | 115 |  |  | 38,163 |
Property, plant and equipment | 22,340 |  |  | 3,658 |  |  | 25,998 |
Goodwill | 126,647 |  |  | (14,312 | ) |  | 112,335 |
Other intangibles | 46,902 |  |  | 15,900 |  |  | 62,802 |
Other assets | 14 |  |  | — |  |  | 14 |
Current portion of long term debt | (3,329 | ) |  | — |  |  | (3,329 | )
Current liabilities | (23,606 | ) |  | (1,521 | ) |  | (25,127 | )
Long term debt | (2,677 | ) |  | — |  |  | (2,677 | )
Long-term deferred tax liability | (8,937 | ) |  | (4,923 | ) |  | (13,860 | )
Other non-current liabilities | (3,699 | ) |  | — |  |  | (3,699 | )
Consideration paid at closing | $ | 207,996 |  |  | $ | (1,120 | ) |  | $ | 206,876 |
Contingent consideration | 3,454 |  |  | — |  |  | 3,454 |
Net assets acquired and liabilities assumed | $ | 211,450 |  |  | $ | (1,120 | ) |  | $ | 210,330 |
2019 acquisitions |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The following estimated fair values of assets acquired and liabilities assumed 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):
| Preliminary Opening Balance Sheet |  | Measurement Period Adjustments |  | Adjusted Opening Balance Sheet
Cash | $ | 2,683 |  |  | $ | (10 | ) |  | $ | 2,673 |
Current assets | 21,525 |  |  | 980 |  |  | 22,505 |
Property, plant and equipment | 8,920 |  |  | 18 |  |  | 8,938 |
Goodwill | 99,838 |  |  | (3,096 | ) |  | 96,742 |
Other intangibles | 64,019 |  |  | 199 |  |  | 64,218 |
Long-term deferred tax asset | 1,288 |  |  | 1,478 |  |  | 2,766 |
Other assets | 137 |  |  | 854 |  |  | 991 |
Current liabilities | (20,437 | ) |  | (535 | ) |  | (20,972 | )
Other non-current liabilities | (6,170 | ) |  | (529 | ) |  | (6,699 | )
Consideration paid at closing | $ | 171,803 |  |  | $ | (641 | ) |  | $ | 171,162 |
Deferred payments | 2,404 |  |  | — |  |  | 2,404 |
Contingent consideration | 4,258 |  |  | — |  |  | 4,258 |
Net assets acquired and liabilities assumed | $ | 178,465 |  |  | $ | (641 | ) |  | $ | 177,824 |

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