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Acquisitions (Tables) | 6 Months Ended
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Jun. 24, 2022
Business Combination and Asset Acquisition [Abstract] |
Schedule of pro forma consolidated statement of operations information | The Company reflected net sales and income before taxes in its consolidated statement of operations related to the Capital Seaboard acquisition as follows:
| Thirteen Weeks Ended |  | Twenty-Six Weeks Ended
| June 24, 2022 |  |  |  | June 24, 2022 |  |
Net sales | $ | 38,671 |  |  |  |  | $ | 70,353 |  |  |
Income before income taxes | $ | 1,759 |  |  |  |  | $ | 2,892 |  |  |
The pro forma information reflects amortization and depreciation of the acquisitions at their respective fair values.
| Thirteen Weeks Ended |  | Twenty-Six Weeks Ended
| June 24, 2022 |  | June 25, 2021 |  | June 24, 2022 |  | June 25, 2021
Net sales | $ | 667,413 |  |  | $ | 477,733 |  |  | $ | 1,179,516 |  |  | $ | 801,188 |
Income (loss) before income taxes | $ | 23,169 |  |  | $ | 1,077 |  |  | $ | 25,068 |  |  | $ | (24,450) |
Schedule of purchase price allocation | The table below sets forth the preliminary purchase price allocation for these acquisitions:
|  |  | Capital Seaboard | Other Acquisitions
Current assets |  |  | $ | 10,130 |  | $ | 8,834 |
Customer relationships |  |  | 7,250 |  | 10,410 |
Trademarks |  |  | 2,280 |  | 620 |
Goodwill |  |  | 8,334 |  | 8,537 |
Fixed assets |  |  | 9,552 |  | 197 |
Other assets |  |  | 122 |  | 17 |
Current liabilities |  |  | (6,632) |  | (4,915) |
Earn-out liability |  |  | — |  | (1,200) |
Issuance of warrants |  |  | (1,701) |  | — |
Total cash consideration |  |  | $ | 29,335 |  | $ | 22,500 |

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- 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 https://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 https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- 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 https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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