v2.4.0.8

Acquisitions (Tables) | 12 Months Ended
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Dec. 28, 2013
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The allocation of the purchase price was as follows:
In thousands | November 15, 2013
Cash | $ | 8,792 |
Accounts receivable | 49,967 |
Inventory | 71,050 |
Other current assets | 29,889 |
Total current assets | 159,698 |
Property, plant and equipment | 158,000 |
Goodwill | 38,514 |
Intangible assets | 85,000 |
Other noncurrent assets | 1,403 |
Total assets acquired | $ | 442,615 |
Current liabilities | $ | 84,185 |
Financing Obligation | 20,300 |
Long-term debt | 19,391 |
Deferred income taxes | 20,649 |
Other noncurrent liabilities | 9,479 |
Noncontrolling interest | 849 |
Total liabilities assumed | $ | 154,853 |
Net assets acquired | $ | 287,762 |
Schedule of Acquired Finite-Lived Intangible Assets | The Company preliminarily recorded intangible assets based on their estimated fair value, and consisted of the following:
In thousands | Useful Life |  | Amount
Technology | 15 years |  | $ | 9,000 |
Trade names | Indefinite |  | 2,000 |
Customer relationships | 15 years |  | 69,000 |
Other | 5 years |  | 5,000 |
Total |  |  | $ | 85,000 |
Schedule of Acquistion Related Costs | Acquisition related costs were as follows:
In thousands | Amount
Loan acquisition costs | $ | 16,102 |
Transaction expenses | 18,306 |
Total | $ | 34,408 |
Business Acquisition, Pro Forma Information | The following unaudited pro forma information for the fiscal year ended December 28, 2013 and December 29, 2012 assumes the acquisition of Fiberweb occurred as of the beginning of the period presented:
In thousands | December 28, 2013 |  | December 29, 2012
Net sales | $ | 1,637,605 |  |  | $ | 1,639,865 |
Net income (loss) | (34,751 | ) |  | (32,737 | )

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- 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 Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 + Details
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