Acquisition (Tables) - Canyon Bakehouse LLC

4 Months Ended

Apr. 20, 2019

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

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

Fair Value of consideration transferred:
Cash consideration paid	$	200,208
Working capital adjustments		314
Contingent consideration		4,700
Total consideration	$	205,222
Recognized amounts of identifiable assets acquired and    liabilities assumed:
Property, plant, and equipment	$	42,165
Identifiable intangible assets		78,380
Financial assets		4,211
Net recognized amounts of identifiable assets acquired		124,756
Goodwill	$	80,466

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		Weighted average amortization years		Attribution Method
Trademarks	$	41,700		40.0	Straight-line
Customer relationships		36,400		25.0	Sum of year digits
Noncompete agreements		280		1.7	Straight-line
Total intangible assets	$	78,380		32.9