XML 43 R34.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Acquisition (Tables) | 4 Months Ended
--- | ---
Apr. 20, 2024
Business Combinations [Abstract] |
Summary of Consideration Paid and Identifiable Assets Acquired and Liabilities Assumed | The following table summarizes the consideration paid for Papa Pita based on the fair value at the acquisition date. This table is based on the valuations for the assets acquired (the company did no t acquire any cash), liabilities assumed, and the allocated intangible assets and goodwill (amounts in thousands):
Fair Value of consideration transferred: |  |  |
Cash consideration paid |  | $ | 270,258 |
Working capital adjustments |  |  | 4,497 |
Total consideration |  | $ | 274,755 |
Recognized amounts of identifiable assets acquired and liabilities assumed: |  |  |
Property, plant, and equipment |  | $ | 104,118 |
Identifiable intangible assets |  |  | 27,100 |
Financial assets |  |  | 14,250 |
Liabilities assumed |  |  | (5,365 | )
Net recognized amounts of identifiable assets acquired |  |  | 140,103 |
Goodwill |  | $ | 134,652 |
Schedule of Acquired Intangible Assets Subject to Amortization | The following table presents the acquired intangible assets subject to amortization (amounts in thousands, except amortization periods):
|  | Total |  |  | Weighted average amortization years |  |  | Amortization Method
Trademarks |  | $ | 4,600 |  |  |  | 20.0 |  |  | Straight-line
Customer relationships |  |  | 22,200 |  |  |  | 25.0 |  |  | Sum of year digits
Noncompete agreements |  |  | 300 |  |  |  | 4.0 |  |  | Straight-line
Total intangible assets |  | $ | 27,100 |  |  |  | 23.9 |  |  |

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
Name: | us-gaap_FiniteLivedAndIndefiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration