XML 68 R22.htm IDEA: XBRL DOCUMENT v3.19.3
ACQUISITIONS (Tables)
9 Months Ended
Sep. 28, 2019
Business Acquisition [Line Items]  
Schedule of pro forma The proforma effect of these acquisitions on the thirteen and thirty-nine weeks of 2019 and 2018 is as follows:
 
Thirteen weeks ended September 28, 2019
Thirteen weeks ended September 29, 2018
Thirty-nine weeks ended September 28, 2019
Thirty-nine weeks ended September 29, 2018

Net sales
$
690,340

$
698,306

$
2,088,524

$
2,129,968

Net earnings
40,144

5,002

118,555

80,842

Earnings per share-diluted
1.85

0.22

5.43

3.58

Walpar  
Business Acquisition [Line Items]  
Schedule preliminary fair values of assets acquired and liabilities assumed The following table summarizes the fair values of the assets acquired and liabilities assumed of Walpar as of the date of acquisition:
 
 
At August 3, 2018
Current assets
 
$
13,210

Customer relationships
 
28,500

Trade name
 
3,500

Goodwill
 
45,453

     Total fair value of assets acquired
 
$
90,663

Current liabilities
 
2,197

Deferred taxes
 
7,579

     Total fair value of liabilities assumed
 
$
9,776

Non-controlling interest
 
23,082

     Net assets acquired
 
$
57,805



Convert Italia S.p.A  
Business Acquisition [Line Items]  
Schedule preliminary fair values of assets acquired and liabilities assumed The following table summarizes the fair values of the assets acquired and liabilities assumed of Convert as of the date of acquisition:
 
 
At August 3, 2018
Current assets
 
$
18,349

Other assets
 
3,166

Patent and Proprietary Technology
 
16,554

Trade name
 
8,701

Goodwill
 
42,169

     Total fair value of assets acquired
 
$
88,939

Current liabilities
 
5,376

Contingent consideration liability
 
19,497

Deferred taxes
 
6,061

     Total fair value of liabilities assumed
 
$
30,934

Non-controlling interest
 
14,501

     Net assets acquired
 
$
43,504