Acquisitions (Tables) - Knights Apparel

6 Months Ended

Jul. 04, 2015

Schedule of acquired assets and liabilities assumed

The acquired assets and assumed liabilities at the date of acquisition (April 6, 2015) include the following:



Cash and cash equivalents	$	59
Trade accounts receivable	14,879
Inventories	22,820
Deferred tax assets and other	2,190
Trademarks and other identifiable intangibles	59,950
Total assets acquired	99,898
Accounts payable	3,742
Accrued liabilities and other	3,065
Deferred tax liabilities and other noncurrent liabilities	19,964
Total liabilities assumed	26,771
Net assets acquired	73,127
Goodwill	120,393
Purchase price	$	193,520

Schedule of unaudited pro forma results of operations

Unaudited pro forma results of operations for the Company are presented below for quarter-to-date and year-to-date assuming that the 2015 acquisition of Knights Apparel had occurred on December 29, 2013.



	Quarters Ended				Six Months Ended
	July 4, 2015		June 28, 2014		July 4, 2015		June 28, 2014
Net sales	$	1,522,033	$	1,371,070	$	2,753,111	$	2,449,092
Net income	100,206		154,789		150,607		188,126
Earnings per share:
Basic	$	0.25	$	0.39	$	0.37	$	0.47
Diluted	0.25		0.38		0.37		0.46