Business Combinations |
6 Months Ended |
|---|---|
Jun. 29, 2018 | |
| Business Combinations [Abstract] | |
| Business Combinations | Business Combinations On November 30, 2017, the Company acquired an 80% interest in Tuscany, a designer, manufacturer and distributor of premium aftermarket powered vehicle performance packages in an asset purchase accounted for as a business combination. The purchase price of Tuscany was allocated to the assets acquired and liabilities assumed based on their estimated respective fair values as of November 30, 2017, with the excess purchase price allocated to goodwill. The allocation of the purchase price is preliminary, subject to the completion of the Company's validation of working capital and completion of its intangible valuation procedures, with the assistance of specialists. The financial results of this subsidiary have been included in our consolidated financial statements since the date of acquisition. The Company incurred $214 and $463 in transaction costs in conjunction with this acquisition during the three and six months ended June 29, 2018, respectively, which is included in general and administrative expense in the accompanying consolidated statement of income. |