Business Combinations (Tables)

6 Months Ended

Jun. 29, 2019

Business Combinations [Abstract]

Schedule of Consideration Transferred

The detailed amounts of each component of the purchase consideration are as follows:

(In millions)	Purchase Consideration
Cash paid	$	15.1
Extinguishment of Sportlab’s accounts payable balance	4.6
Contingent consideration	5.5
Total purchase consideration	$	25.2

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The final allocation of the purchase price as of December 28, 2019 was:

(In millions)	Initial Valuation
Accounts receivable	$	1.8
Inventories	6.2
Goodwill	12.0
Amortizable intangibles	12.9
Total assets acquired	32.9
Deferred income taxes	3.2
Other liabilities	4.5
Total liabilities assumed	7.7
Net assets acquired	$	25.2