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Acquisitions (Tables) | 12 Months Ended
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Dec. 30, 2022
Business Combination and Asset Acquisition [Abstract] |
Schedule of pro forma consolidated income statement information | The Company reflected net sales and loss before taxes in its consolidated statement of operations related to the acquisitions as follows:
|  |  |  |  | Fiscal Year Ended |  |
|  |  |  |  | December 30, 2022 |  |
Net sales |  |  |  |  | $ | 245,670 |  |  |
Loss before income taxes |  |  |  |  | $ | 15,377 |  |  |
The pro forma information reflects amortization and depreciation of the acquisitions at their respective fair values.
|  |  | Fiscal Year Ended
|  |  |  |  | December 30, 2022 |  | December 24, 2021
Net sales |  |  |  |  | $ | 2,843,207 |  |  | $ | 2,211,208 |
Income before income taxes |  |  |  |  | $ | 56,293 |  |  | $ | 4,146 |
Schedule of assets acquired and liabilities assumed | The table below sets forth the purchase price allocation of these acquisitions:
| Chef Middle East |  | Capital Seaboard |  |  |  | Other Acquisitions
Current assets | $ | 84,811 |  |  | $ | 10,130 |  |  |  |  | $ | 14,743 |
Customer relationships | 25,800 |  |  | 7,250 |  |  |  |  | 16,700 |
Trademarks | 11,400 |  |  | 2,280 |  |  |  |  | 1,000 |
Non-compete agreements | 320 |  |  | — |  |  |  |  | — |
Goodwill | 23,814 |  |  | 8,334 |  |  |  |  | 34,101 |
Fixed assets | 16,953 |  |  | 9,552 |  |  |  |  | 701 |
Other assets | 941 |  |  | 122 |  |  |  |  | 17 |
Deferred tax liability | (3,635) |  |  | — |  |  |  |  | (2,365) |
Right-of-use assets | 5,321 |  |  | 16,427 |  |  |  |  | 1,491 |
Lease liabilities | (5,321) |  |  | (16,427) |  |  |  |  | (1,491) |
Current liabilities | (44,155) |  |  | (6,632) |  |  |  |  | (8,397) |
Earn-out liability | (7,500) |  |  | — |  |  |  |  | (1,200) |
Total consideration | $ | 108,749 |  |  | $ | 31,036 |  |  |  |  | $ | 55,300 |

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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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