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Acquisitions and Goodwill (Tables)
12 Months Ended
Jan. 02, 2016
Business Combinations [Abstract]  
Summary of allocation of purchase price to assets acquired and liabilities assumed
The following table summarizes the allocation of the purchase price to the preliminary estimated fair value of the assets acquired and the liabilities assumed as of December 22, 2015, the effective date of the acquisition (in thousands):
Cash paid, net of cash acquired
 
$
215,370

Replacement awards attributable to precombination service
 
1,709

Total transaction consideration
 
$
217,079

 
 
 
Accounts receivable
 
$
1,208

Inventories
 
12,900

Prepaid expenses and other current assets
 
25

Property, plant and equipment and other long-term assets
 
1,190

Goodwill
 
164,405

Amortizing Intangibles:
Useful Lives
 
  Trade name
6 yrs.
15,700

  Customer lists
5 yrs.
10,800

  Developed technology
7 yrs.
36,100

  Noncompete agreements
3 yrs.
700

Current liabilities
 
(12,964
)
Long-term liabilities
 
(12,985
)
 Total net assets acquired
 
$
217,079

Schedule of changes in the carrying amount of goodwill
The changes in the carrying amount of goodwill were as follows (in thousands):
 
Americas
 
Europe
 
Asia
 
Total
Balance at December 28, 2013
$
119,655

 
$
75,367

 
$
11,932

 
$
206,954

Foreign currency changes
(217
)
 
(8,934
)
 
(75
)
 
(9,226
)
Balance at January 3, 2015
$
119,438

 
$
66,433

 
$
11,857

 
$
197,728

Acquisitions (1)
164,405

 
4,487

 

 
168,892

Foreign currency changes
(245
)
 
(6,939
)
 
(42
)
 
(7,226
)
Balance at January 2, 2016
$
283,598

 
$
63,981

 
$
11,815

 
$
359,394

___________________________________________
(1)
The Company is still gathering information in order to allocate the goodwill across reporting segments.