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BUSINESS COMBINATIONS (Tables)

12 Months Ended

Dec. 27, 2024

BUSINESS COMBINATIONS

Schedule of Preliminary consideration for the acquisition

​

​	​	​	​
​		Enica
​	​	(in thousands)
Cash consideration	​	$	7,364
Other working capital adjustments and holdbacks (1)	​	​	4,847
Contingent consideration	​	​	4,060
Total consideration	​	$	16,271

(1) Of which $3.5 million is included within accrued liabilities in the Company’s consolidated balance sheet and the remainder is included within accounts payable in the Company’s consolidated balance sheet.

Schedule of acquired assets recorded at their estimated fair value as of the acquisition date

​

​	​	​	​
​		Enica
​	​	(in thousands)
Current assets	​	$	2,358
Non-current assets (1)	​	​	69
Right-of-use assets	​	​	652
Liabilities	​	​	(658)
Lease liability	​	​	(652)
Backlog	​	​	576
Customer relationships	​	​	3,892
Tradename	​	​	187
Goodwill	​	​	9,847
Net assets acquired	​	$	16,271

​

(1) Excluded from non-current assets are right-of-use assets, backlog, customer relationships, tradename, and goodwill.

Schedule of unaudited pro forma financial information

​

​	​	​	​	​	​	​
​	​	Fiscal Year
​		2024			2023
​	​	(in thousands, except per share data)
​	​	(Unaudited)
Pro forma revenue	​	$	573,835	​	$	518,521
​	​	​	​	​	​	​
Pro forma income (loss) from operations	​	$	33,633	​	$	24,079
Pro forma net income (loss) (1)	​	$	24,499	​	$	12,427
​	​	​	​	​	​	​
Income (Loss) per share:	​	​	​	​	​	​
Basic	​	$	1.77	​	$	0.93
Diluted	​	$	1.72	​	$	0.91
​	​	​	​	​	​	​
Weighted average shares outstanding:	​	​	​	​	​	​
Basic	​	​	13,818	​	​	13,394
Diluted	​	​	14,245	​	​	13,606

(1) Adjustments to pro forma net income include income from operations, amortization and interest expenses.

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

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Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

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