XML 52 R44.htm IDEA: XBRL DOCUMENT v3.23.3
Acquisitions and Divestitures - Schedule of Preliminary Fair Value Of Assets Acquired And Measurement Period Adjustments (Details) - USD ($)
$ in Thousands
 9 Months Ended 11 Months Ended
Oct. 01, 2023
Oct. 01, 2023
Sep. 08, 2023
Dec. 31, 2022
 [1]
Nov. 15, 2022
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]          
Goodwill $ 1,762,411 $ 1,762,411   $ 1,675,311  
Measurement Period Adjustments          
Goodwill (29)        
Taxes payable   (3,416)      
RTS Packaging and Chattanooga Mill          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]          
Trade accounts receivable     $ 17,488    
Inventories     20,209    
Prepaid expenses     2,720    
Property, plant and equipment     73,483    
Right of use asset - operating leases     34,604    
Other intangible assets     199,560    
Goodwill     92,657    
Other net tangible assets     2,465    
Payable to suppliers     (7,320)    
Accrued expenses and other     (15,167)    
Notes payable and current portion of long-term debt     (24)    
Noncurrent operating lease liabilities     (29,905)    
Long-term debt     (1,942)    
Deferred income taxes     (3,419)    
Other long-term liabilities     (14,054)    
Total purchase price, net of cash acquired     $ 371,355    
Skjern          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]          
Trade accounts receivable 8,055 8,055     $ 8,055
Other receivables 193 193     193
Inventories 2,609 2,609     2,595
Prepaid expenses 349 349     349
Property, plant and equipment 29,255 29,255     24,334
Right of use asset - operating leases 28 28     28
Other intangible assets 39,330 39,330     42,818
Goodwill 31,991 31,991     29,059
Payable to suppliers (4,429) (4,429)     (3,466)
Accrued expenses and other (1,173) (1,173)     (1,173)
Taxes payable (3,992) (3,992)     (576)
Noncurrent operating lease liabilities (20) (20)     (20)
Deferred income taxes (13,549) (13,549)     (13,549)
Total purchase price, net of cash acquired 88,647 88,647     $ 88,647
Measurement Period Adjustments          
Inventories   14      
Property, plant and equipment   4,921      
Other intangible assets   (3,488)      
Goodwill   2,932      
Payable to suppliers   (963)      
Additional cash consideration   $ 0      
Metal Packaging          
Measurement Period Adjustments          
Inventories (73)        
Property, plant and equipment (247)        
Goodwill 439        
Accrued expenses and other (119)        
Additional cash consideration $ 0        
[1] The year-end condensed consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America (the “United States” or “U.S.”).