ACQUISITIONS (Tables)

12 Months Ended

Dec. 28, 2019

Schedule of Business Acquisitions, by Acquisition

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 interests	23,082
Net assets acquired	$	57,805

The following table summarizes the fair values of the assets acquired and liabilities assumed of Convert at 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 interests	14,501
Net assets acquired	$	43,504

Pro forma results of operations

The Company's Consolidated Statements of Earnings for the fiscal year ended December 28, 2019 included net sales from acquisitions of $117,296. In aggregate, these acquisitions did not contribute net earnings to the Company's consolidated 2019 results. The proforma effect of these acquisitions on the 2019, 2018, and 2017 Consolidated Statements of Earnings is as follows:



	Fifty-two Weeks Ended December 28, 2019		Fifty-two Weeks Ended December 29, 2018		Fifty-two Weeks Ended December 30, 2017
Net sales	$	2,772,150	$	2,842,162	$	2,818,035
Net earnings	154,302		98,292		122,407
Earnings per share-diluted	7.09		4.38		5.39