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Acquisitions (Tables)
 9 Months Ended
Sep. 29, 2018
Business Combinations [Abstract]  
Summary of Preliminary Allocation of Purchase Price

The preliminary allocation of the purchase price in each transaction is as follows (in thousands):

 

 

 

Southern Counties

 

 

Fore

 

Current assets

 

$

5,359

 

 

$

6,077

 

Property and equipment

 

 

4,598

 

 

 

10,864

 

Goodwill

 

 

29,618

 

 

 

9,995

 

Intangible assets

 

 

35,690

 

 

 

12,108

 

Other assets

 

 

1,427

 

 

 

-

 

Current liabilities

 

 

(3,027

)

 

 

(1,234

)

Deferred tax liabilities, net

 

 

(7,983

)

 

 

(2,705

)

 

 

$

65,682

 

 

$

35,105

 

 
Summary of Unaudited Pro Forma Results of Operations

The following unaudited pro forma results of operations present consolidated information of the Company as if Southern Counties and Fore were acquired on January 1, 2017 (in thousands, except per share data):

 

 

 

Thirteen Weeks Ended

 

 

Thirty-nine Weeks Ended

 

 

 

September 29,

2018

 

 

September 30,

2017

 

 

September 29,

2018

 

 

September 30,

2017

 

Operating revenues

 

$

380,790

 

 

$

335,369

 

 

$

1,112,560

 

 

$

964,705

 

Income (loss) from operations

 

$

23,633

 

 

$

(1,596

)

 

$

69,799

 

 

$

15,915

 

Net income (loss)

 

$

15,570

 

 

$

(2,903

)

 

$

44,332

 

 

$

3,796

 

Earnings (loss) per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.55

 

 

$

(0.10

)

 

$

1.56

 

 

$

0.13

 

Diluted

 

$

0.55

 

 

$

(0.10

)

 

$

1.56

 

 

$

0.13