Business Combinations (Tables) - Stauber Performance Ingredients [Member]

12 Months Ended

Apr. 01, 2018

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following table summarizes the fair value measurement of the assets acquired and liabilities assumed as of the acquisition date:



(In thousands)	Amount
Cash and cash equivalents (a)	$	1,502
Trade receivables	16,023
Inventories	10,207
Other assets	900
Property, plant, and equipment	10,989
Intangible assets	71,459
Accounts payable	(5,398		)
Accrued expenses and other current liabilities (a)	(2,925		)
Deferred income taxes	(28,565		)
Other non-current liabilities	(77		)
Net assets acquired	74,115
Goodwill	84,061
Total preliminary purchase price	158,176
Less acquired cash	(1,502		)
Preliminary purchase price, net of cash acquired	$	156,674

(a) In addition to these balances, $7.3 million of cash and current accrued liabilities were recorded that relate to stock and other acquisition-related compensation payments, which were recorded by Stauber as of the acquisition date but were paid subsequent to the acquisition date.

Business Acquisition, Pro Forma Information [Table Text Block]

The following pro forma information has been prepared as if the Stauber acquisition and the borrowing to finance the acquisition had occurred as of the beginning of the fiscal year presented. The unaudited pro forma information is not necessarily indicative of what our consolidated results of operations actually would have been had the acquisition occurred at the beginning of the earliest fiscal year presented, nor is it indicative of our future operational results.



	Fiscal year ended April 3, 2016
(In thousands, except per share data)	As reported		Pro Forma Stauber Adjustments		Combined Pro Forma Results
Pro forma net sales	$	413,976	$	87,691	$	501,667
Pro forma net income	18,143		4,809		22,952

Pro forma basic earnings per share	$	1.72	$	0.46	$	2.18
Pro forma diluted earnings per share	$	1.72	$	0.45	$	2.17