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Acquisitions and Purchase Accounting Acquisition and Purchase Accounting (Tables) | 9 Months Ended
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Sep. 26, 2020
Business Acquisition [Line Items] |
Business Acquisition, Pro Forma Information | The following pro forma results include adjustments to reflect amortization of intangibles associated with the acquisition and the effects of adjustments made to the carrying value of certain assets (in thousands, except per share data):
| Nine Months Ended
| September 26, 2020 |  | September 28, 2019
Net sales | $ | 1,786,481 |  |  | $ | 2,262,959 |
Net earnings | 158,115 |  |  | 231,068 |
Net earnings per share: |  |  |
Basic | $ | 2.87 |  |  | $ | 4.15 |
Diluted | $ | 2.87 |  |  | $ | 4.15 |
Cooking Solutions Group |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The final allocation of consideration paid for the Cooking Solutions Group acquisition is summarized as follows (in thousands):
| (as initially reported) April 1, 2019 |  | Measurement Period Adjustments |  | (as adjusted) April 1, 2019
Cash | $ | 843 |  |  | $ | — |  |  | $ | 843 |
Current assets | 33,666 |  |  | (1,625) |  |  | 32,041 |
Property, plant and equipment | 15,959 |  |  | (58) |  |  | 15,901 |
Goodwill | 31,207 |  |  | 6,330 |  |  | 37,537 |
Other intangibles | 53,450 |  |  | (5,850) |  |  | 47,600 |
Other assets | — |  |  | 1,470 |  |  | 1,470 |
Current liabilities | (15,130) |  |  | (1,583) |  |  | (16,713) |
Long-term deferred tax liability | (13,082) |  |  | 2,553 |  |  | (10,529) |
Other non-current liabilities | — |  |  | (1,163) |  |  | (1,163) |
Net assets acquired and liabilities assumed | $ | 106,913 |  |  | $ | 74 |  |  | $ | 106,987 |
2019 Acquisitions |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The estimated fair values of assets acquired and liabilities assumed are based on the information that was available as of the acquisition dates for the other 2019 acquisitions and are summarized as follows (in thousands):
| Preliminary Opening Balance Sheet |  | Preliminary Measurement Period Adjustments |  | Adjusted Opening Balance Sheet
Cash | $ | 2,683 |  |  | $ | (10) |  |  | $ | 2,673 |
Current assets | 21,525 |  |  | 1,016 |  |  | 22,541 |
Property, plant and equipment | 8,920 |  |  | (166) |  |  | 8,754 |
Goodwill | 99,838 |  |  | (11,213) |  |  | 88,625 |
Other intangibles | 64,019 |  |  | 11,363 |  |  | 75,382 |
Long-term deferred tax asset | 1,288 |  |  | 1,428 |  |  | 2,716 |
Other assets | 137 |  |  | 854 |  |  | 991 |
Current liabilities | (20,437) |  |  | (348) |  |  | (20,785) |
Other non-current liabilities | (6,170) |  |  | (4,129) |  |  | (10,299) |
Consideration paid at closing | $ | 171,803 |  |  | $ | (1,205) |  |  | $ | 170,598 |
Deferred payments | 2,404 |  |  | — |  |  | 2,404 |
Contingent consideration | 4,258 |  |  | 3,600 |  |  | 7,858 |
Net assets acquired and liabilities assumed | $ | 178,465 |  |  | $ | 2,395 |  |  | $ | 180,860 |
2020 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 dates for the acquisitions and are summarized as follows (in thousands):
| Preliminary Opening Balance Sheet |  | Preliminary Measurement Period Adjustments |  | Adjusted Opening Balance Sheet
Cash | $ | 2,347 |  |  | $ | — |  |  | $ | 2,347 |
Current assets | 31,089 |  |  | (12,908) |  |  | 18,181 |
Property, plant and equipment | 1,032 |  |  | (241) |  |  | 791 |
Goodwill | 12,776 |  |  | 672 |  |  | 13,448 |
Other intangibles | 16,484 |  |  | — |  |  | 16,484 |
Other assets | 1,708 |  |  | — |  |  | 1,708 |
Current liabilities | (30,005) |  |  | 12,477 |  |  | (17,528) |
Other non-current liabilities | (3,070) |  |  | — |  |  | (3,070) |
Consideration paid at closing | $ | 32,361 |  |  | $ | — |  |  | $ | 32,361 |
Deferred payments | 1,250 |  |  | — |  |  | 1,250 |
Contingent consideration | 1,774 |  |  | — |  |  | 1,774 |
Net assets acquired and liabilities assumed | $ | 35,385 |  |  | $ | — |  |  | $ | 35,385 |

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