ACQUISITIONS (Tables)

9 Months Ended

Sep. 29, 2018

The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed of Convert as of the date of acquisition:

2) ACQUISITIONS (Continued)



	At August 3, 2018
Current assets	$	18,349
Other assets	3,166
Patent and Proprietary Technology	16,554
Trade name	8,701
Goodwill	41,432
Total fair value of assets acquired	$	88,202
Current liabilities	5,376
Contingent consideration liability	18,760
Deferred taxes	6,061
Total fair value of liabilities assumed	$	30,197
Non-controlling interests	14,501
Net assets acquired	$	43,504

The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed of Walpar as of the date of acquisition:



	At August 3, 2018
Current assets	$	14,729
Customer relationships	32,000
Trade name	4,300
Goodwill	40,919
Total fair value of assets acquired	$	91,948
Current liabilities	2,185
Deferred taxes	9,090
Total fair value of liabilities assumed	$	11,275
Non-controlling interests	22,868
Net assets acquired	$	57,805

The proforma effect of these acquisitions on the third quarter and first three quarters of 2018 and 2017 is as follows:



	Thirteen weeks ended September 29, 2018		Thirteen weeks ended September 30, 2017		Thirty-nine weeks ended September 29, 2018		Thirty-nine weeks ended September 30, 2017
Net sales	$	683,608	$	694,713	$	2,094,092	$	2,078,680
Net earnings	4,860		36,482		78,950		123,986
Earnings per share-diluted	0.22		1.60		3.50		5.46