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Subsequent Events
3 Months Ended
Oct. 01, 2022
Subsequent Events [Abstract]  
Subsequent Events
Note 19. Subsequent Events
On October 4, 2022 the Company completed the acquisition of Jackson Labs Technologies, Inc., a designer of precision timing, frequency and test and measurement instruments for $53.0 million, net of cash acquired, subject to working capital adjustments. Additional consideration included up to $117.0 million in earn out payments to be paid in cash predominantly based on the achievement of certain revenue targets over a three year period.
Due to the closing of this acquisition subsequent to the period end, the Company is currently determining the fair value of assets acquired and liabilities assumed necessary to develop the purchase price allocation. Therefore, disclosure of the purchase price allocation to the tangible and intangible assets acquired and liabilities assumed is not practicable.