Acquisitions (Tables) - Z-Wave

12 Months Ended

Dec. 28, 2019

Acquisitions

Schedule of purchase price allocation

The purchase price was allocated as follows (in thousands):

			Weighted-Average
			Amortization Period
	Amount		(Years)
Intangible assets:
In-process research and development	$	20,900	Not amortized
Developed technology		69,875	7
Customer relationships		25,000	4
Trademarks		9,900	7
		125,675
Cash and cash equivalents		2,841
Accounts receivable		5,311
Inventory		15,581
Other current assets		329
Goodwill		109,117
Other non-current assets		2,587
Accounts payable		(3,306)
Other current liabilities		(8,918)
Other non-current liabilities		(6,648)
Total purchase price	$	242,569

Schedule of pro forma results of operations

The pro forma results of operations are presented for informational purposes only and are not necessarily indicative of the results of operations that would have been achieved if the acquisition had taken place on January 1, 2017 or of results that may occur in the future (in thousands, except per share data):

	Year Ended
	December 29,		December 30,
	2018		2017
	(Unaudited)
Revenues	$	882,109	$	824,009
Net income	$	87,874	$	27,958
Earnings per share:
Basic	$	2.04	$	0.66
Diluted	$	2.00	$	0.65