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Acquisitions (Tables) | 3 Months Ended
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Apr. 01, 2018
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the estimated, preliminary fair value of the assets acquired and the liabilities assumed as of May 31, 2017 (in thousands):
Receivables |  | 4,355 |
Inventory |  | 16,424 |
Prepaid and other current assets |  | 320 |
Property, plant, and equipment |  | 4,289 |
Intangible assets |  | 73,400 |
Goodwill |  | 71,252 |
Total assets acquired |  | $ | 170,040 |
Accounts payable |  | $ | 1,231 |
Accrued liabilities |  | 1,353 |
Deferred revenue |  | 1,702 |
Total liabilities assumed |  | $ | 4,286 |
Net assets |  | $ | 165,754 |
The following table summarizes the estimated, preliminary fair value of the assets acquired and the liabilities assumed as of February 8, 2018 (in thousands):
Receivables |  | $ | 19,900 |
Inventory |  | 17,605 |
Prepaid and other current assets |  | 2,339 |
Property, plant, and equipment |  | 9,212 |
Intangible assets |  | 44,750 |
Goodwill |  | 92,263 |
Deferred taxes |  | 5,476 |
Other long-lived assets |  | 4,306 |
Total assets acquired |  | $ | 195,851 |
Accounts payable |  | $ | 11,927 |
Accrued liabilities |  | 17,960 |
Deferred revenue |  | 4,000 |
Long-term debt |  | 19,305 |
Postretirement benefits |  | 49,131 |
Other long-term liabilities |  | 591 |
Total liabilities assumed |  | $ | 102,914 |
Net assets |  | $ | 92,937 |
Schedule of Acquired Intangible Assets | The intangible assets related to the acquisition consisted of the following:
|  | Preliminary Fair Value |  | Amortization Period
|  | (In thousands) |  | (In years)
Intangible assets subject to amortization: |  |  |  |
Developed technologies |  | $ | 62,600 |  |  | 10.0
Customer relationships |  | 6,500 |  |  | 8.0
Trademarks |  | 2,900 |  |  | 10.0
Sales backlog |  | 1,400 |  |  | 0.3
Total intangible assets subject to amortization |  | $ | 73,400 |  |  |
Intangible assets not subject to amortization: |  |  |  |
Goodwill |  | $ | 71,252 |  |  | n/a
Total intangible assets not subject to amortization |  | $ | 71,252 |  |  |
Total intangible assets |  | $ | 144,652 |  |  |
Weighted average amortization period |  |  |  | 9.6
The intangible assets related to the acquisition consisted of the following:
|  | Preliminary Fair Value |  | Amortization Period
|  | (In thousands) |  | (In years)
Intangible assets subject to amortization: |  |  |  |
Developed technologies |  | $ | 32,500 |  |  | 5.0
Customer relationships |  | 9,000 |  |  | 12.0
Sales backlog |  | 1,750 |  |  | 0.3
Trademarks |  | 1,500 |  |  | 2.0
Total intangible assets subject to amortization |  | $ | 44,750 |  |  |
Intangible assets not subject to amortization: |  |  |  |
Goodwill |  | $ | 92,263 |  |  | n/a
Total intangible assets not subject to amortization |  | $ | 92,263 |  |  |
Total intangible assets |  | $ | 137,013 |  |  |
Weighted average amortization period |  |  |  | 6.1 years
Schedule of Pro Forma Information | The following table illustrates the unaudited pro forma effect on operating results as if the Thinklogical acquisition had been completed as of January 1, 2016.
|  | Three Months Ended
|  | April 2, 2017
|  | (In thousands, except per share data)
|  | (Unaudited)
Revenues |  | $ | 555,636 |
Net income attributable to Belden common stockholders |  | 12,880 |
Diluted income per share attributable to Belden common stockholders |  | $ | 0.30 |
The following table illustrates the unaudited pro forma effect on operating results as if the SAM acquisition had been completed as of January 1, 2017.
|  | Three Months Ended
|  | April 1, 2018 |  | April 2, 2017
|  | (In thousands, except per share data)
|  | (Unaudited)
Revenues |  | $ | 614,184 |  |  | $ | 579,371 |
Net income (loss) attributable to Belden common stockholders |  | (1,072 | ) |  | 979 |
Diluted income (loss) per share attributable to Belden common stockholders |  | $ | (0.03 | ) |  | $ | 0.02 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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