Acquisitions (Tables)

12 Months Ended

Dec. 31, 2016

Alpine Valley Bread Company

Summary of Consideration Paid Based on the Fair Value at the Acquisition Date

The following table summarizes the consideration paid for Alpine based on the fair value at the acquisition date (amounts in thousands):

Fair Value of consideration transferred:
Cash consideration paid	$	109,340
Stock consideration paid		12,602
Total consideration paid		121,942
Recognized amounts of identifiable assets    acquired and liabilities assumed:
Property, plant, and equipment		15,614
Identifiable intangible assets		64,600
Financial assets		5,190
Net recognized amounts of identifiable    assets acquired		85,404
Goodwill	$	36,538

Schedule of Intangible Assets Subject to Amortization

The following table presents the acquired intangible assets subject to amortization (amounts in thousands, except amortization periods):

	Total		Weightedaverage amortization years		Attribution Method
Trademarks	$	20,900		40.0	Straight-line
Customer relationships		43,700		25.0	Sum of year digits
	$	64,600		29.9

Dave’s Killer Bread

Summary of Consideration Paid Based on the Fair Value at the Acquisition Date

The following table summarizes the consideration paid for DKB based on the fair value at the acquisition date (amounts in thousands):

Fair Value of consideration transferred:
Cash consideration paid	$	282,115
Recognized amounts of identifiable assets    acquired and liabilities assumed:
Property, plant, and equipment		9,359
Identifiable intangible assets		176,300
Deferred income taxes		(59,827	)
Financial assets		10,203
Net recognized amounts of identifiable    assets acquired		136,035
Goodwill	$	146,080

Schedule of Intangible Assets Subject to Amortization

Measurement period adjustments of $0.2 million related to working capital, tax adjustments, and property, plant and equipment were recorded in our third quarter of fiscal 2016 and are reflected in the table above.  See Note 7, Goodwill and Other Intangible Assets, for the impact of these adjustments.

The following table presents the acquired intangible assets subject to amortization (amounts in thousands, except amortization periods):

	Total		Weightedaverage amortization years		Attribution Method
Trademarks	$	107,700		40.0	Straight-line
Customer relationships		68,000		25.0	Sum of year digits
Non-compete agreements		600		2.0	Straight-line
	$	176,300		34.1