XML 22 R25.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Business Combinations (Tables) | 3 Months Ended
--- | ---
Mar. 29, 2013
Unaudited Pro forma Information | The following unaudited pro forma information presents the combined financial results for the Company and NDS as if the acquisition of NDS had been completed as of January 1, 2012 (in thousands, except per share information):
|  | Three Months Ended |
|  | March 29, 2013 |  |  | March 30, 2012 |
Sales |  | $ | 84,206 |  |  | $ | 86,716 |
Income from continuing operations |  | $ | 2,383 |  |  | $ | 1,462 |
Earnings per share - Basic |  | $ | 0.07 |  |  | $ | 0.04 |
Earnings per share - Diluted |  | $ | 0.07 |  |  | $ | 0.04 |
Total Purchase Price Allocation | Based upon a preliminary valuation, the total purchase price allocation was as follows (in thousands):
|  | Estimated Purchase Price Allocation |
Accounts receivable |  | $ | 10,327 |
Inventory |  |  | 14,214 |
Property and equipment |  |  | 2,812 |
Intangible assets |  |  | 37,003 |
Other assets |  |  | 2,018 |
Goodwill |  |  | 28,693 |
Total assets acquired |  |  | 95,067 |
Accounts payable |  |  | 4,768 |
Accrued expenses |  |  | 6,418 |
Deferred tax liabilities |  |  | 315 |
Other liabilities assumed |  |  | 913 |
Total liabilities assumed |  |  | 12,414 |
Total net assets acquired |  | $ | 82,653 |
Fair Value of Intangible Assets | The preliminary fair value of intangible assets is comprised of the following (in thousands, except for amortization period):
|  | Estimated Fair Value |  |  | Amortization Period |
Customer relationships |  | $ | 21,505 |  |  |  | 20 years |
Developed technology |  |  | 6,689 |  |  |  | 10 years |
Trademarks and tradenames |  |  | 7,565 |  |  |  | 20 years |
Backlog |  |  | 1,244 |  |  |  | Less than 1 year |
Total |  | $ | 37,003 |  |  |  |  |

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/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=7659399&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 54 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 55 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph r(2, 3) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all of the fair values of the purchase price and assets and liabilities acquired in a business combination. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479 + Details
Name: | us-gaap_ScheduleOfPurchasePriceAllocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration