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Business Combination (Tables)

3 Months Ended

Jun. 29, 2019

Business Combinations [Abstract]

Schedule of Purchase Price Allocation on Assets and Liabilities

The purchase price was allocated as follows:

(Dollars in thousands)		Allocation at March 30, 2019				Changes to Allocation				Final Allocation at June 29, 2019
Cash		$	9,722			$	—			$	9,722
Trade accounts receivable			13,876				—				13,876
Inventory			19,028				—				19,028
Assets held for sale			2,086				—				2,086
Property, plant and equipment			40,220				—				40,220
Deferred tax assets, net			6,996				38				7,034
Other assets			6,706				—				6,706
Accounts payable and accrued liabilities			(36,027	)			—				(36,027	)
Intangibles			52,218				(153	)			52,065
Goodwill			170,227				115				170,342
Total purchase price allocation		$	285,052			$	—			$	285,052

Summary of Results of Operation as Reported and Proforma Basis

A summary of the results of operations for the Company, on an as reported and on a pro forma basis, are as follows:

		Three Months Ended June 30, 2018
(Dollars in thousands)		Reported				Pro forma
Net sales		$	322,261			$	368,065
Net (loss) income			(853	)			14,256

X

- 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/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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- References

No definition available.

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X

- 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://fasb.org/us-gaap/role/ref/legacyRef
-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

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