Acquisitions (Tables)

12 Months Ended

Jan. 01, 2016

Business Acquisition [Line Items]

Schedule of Pro Forma Information

The following unaudited pro forma information presents the consolidated results of operations of the Company, Lake Region Medical, and CCC as if those acquisitions occurred as of the beginning of fiscal years 2014 (Lake Region Medical) and 2013 (CCC) (in thousands, except per share amounts):

	Year Ended
	January 1, 2016		January 2, 2015			January 3, 2014
Sales	$	1,445,689	$	1,441,782		$	677,657
Net income (loss)	2,405		(25,865		)	37,612
Earnings (loss) per share:
Basic	$	0.08	$	(0.87	)	$	1.57
Diluted	$	0.08	$	(0.87	)	$	1.49

Lake Region Medical [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition

The aggregate consideration paid by the Company to the stockholders of Lake Region Medical consisted of the following (in thousands):

Cash consideration paid to Lake Region Medical stockholders and equity award holders	$	478,490
Fair value of shares of Greatbatch common stock issued to Lake Region Medical stockholders	245,368
Fair value of replacement stock options attributable to pre-acquisition service	4,508
Total purchase consideration	$	728,366

Schedule of Purchase Price Allocation

The following table summarizes the preliminary allocation of Lake Region Medical purchase price to the assets acquired and liabilities assumed (in thousands):

Assets acquired
Current assets	$	269,815
Property, plant and equipment	216,473
Amortizing intangible assets	849,000
Indefinite-lived intangible assets	70,000
Goodwill	661,788
Other non-current assets	1,629
Total assets acquired	2,068,705
Liabilities assumed
Current liabilities	102,485
Debt assumed	1,044,675
Other long-term liabilities	193,179
Total liabilities assumed	1,340,339
Net assets acquired	$	728,366

Schedule of Intangible Assets Acquired

The purchase price was allocated to intangible assets as follows (dollars in thousands):

Amortizing Intangible Assets	Fair Value Assigned		Weighted Average Amortization Period (Years)	Estimated Useful Life (Years)	Weighted Average Discount Rate
Technology	$	160,000	7	19	11.5%
Customer lists	689,000		14	29	11.5%
	$	849,000	13	27	11.5%
Indefinite-lived Intangible Assets
Trademarks and tradenames	$	70,000	N/A	N/A	11.5%

Centro De Construccion De Cardioestimuladores Del Uruguay [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the allocation of the CCC purchase price to the assets acquired and liabilities assumed as of the acquisition date (in thousands):

Assets acquired
Current assets	$	10,670
Property, plant and equipment	1,131
Amortizing intangible assets	6,100
Goodwill	8,296
Total assets acquired	26,197
Liabilities assumed
Current liabilities	4,842
Deferred income taxes	1,590
Total liabilities assumed	6,432
Net assets acquired	$	19,765

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

Intangible Assets – The purchase price was allocated to intangible assets as follows (dollars in thousands):

Amortizing Intangible Assets	Fair Value Assigned		Weighted Average Amortization Period (Years)	Weighted Average Discount Rate
Technology	$	1,400	10	18%
Customer lists	4,600		10	18%
Trademarks and tradenames	100		2	18%
	$	6,100	10	18%