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Acquisitions (Tables)

12 Months Ended

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

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/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

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- References

No definition available.

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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
-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

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