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Business Combinations, Asset Acquisitions, and Joint Venture Formation (Tables) | 3 Months Ended
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Mar. 29, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] |
Business Combination, Recognized Asset Acquired and Liability Assumed | Intex DIY, Inc. On August 23, 2024, the Company completed the acquisition of Intex DIY, Inc. ("Intex"), a leading supplier of wiping cloths, consumable rags, and cleaning textiles for a total purchase price of $34,064. This acquisition expands Hillman’s offerings in the cleaning products category. Intex has business operations throughout North America and its financial results will reside in the Company's Hardware and Protective Solutions reportable segment. The following table reconciles the preliminary fair value of the acquired assets and assumed liabilities to the total purchase price of Intex.
Accounts receivable | $ | 11,981 |
Inventory | 14,795 |
Other current assets | 26 |
Property and equipment | 949 |
Goodwill | 3,520 |
Customer relationships | 9,400 |
Trade names | 104 |
Total assets acquired | $ | 40,775 |
Less: |
Liabilities assumed | (6,711) |
Total purchase price | $ | 34,064 |
Net sales and operating income from Intex included in the Company's Condensed Consolidated Statement of Comprehensive Loss for the thirteen weeks ended March 29, 2025 were as follows:
| Thirteen weeks ended March 29, 2025
Net sales | $ | 16,085 |
Operating income | 1,779 |
Pro forma financial information has not been presented for Intex as the financial results of Intex were insignificant to the financial results of the Company on a standalone basis.

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- Definition Tabular disclosure of asset acquired and liability assumed in business combination and recognized at acquisition date. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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