Acquisitions (Tables)

12 Months Ended

Jan. 02, 2016

Acquired assets and assumed liabilities at date of acquisition

The acquired assets and assumed liabilities at the date of acquisition (April 6, 2015) include the following:



Cash and cash equivalents	$	59
Trade accounts receivable, net	14,879
Inventories	22,820
Deferred tax assets and other	2,190
Trademarks and other identifiable intangibles	59,950
Total assets acquired	99,898
Accounts payable, Accrued liabilities and other	6,807
Deferred tax liabilities and other noncurrent liabilities	18,142
Total liabilities assumed	24,949
Net assets acquired	74,949
Goodwill	117,939
Purchase price	$	192,888

Unaudited pro forma results of operations

Unaudited pro forma results of operations for the Company are presented below for year-to-date assuming that the 2015 acquisition of Knights Apparel had occurred on December 29, 2013.



	Years Ended
	January 2, 2016		January 3, 2015
Net sales	$	5,753,706	$	5,490,862
Net income	433,636		404,973
Earnings per share:
Basic	$	1.08	$	1.01
Diluted	1.07		0.99

Hanes Europe Innerwear [Member]

Business Acquisition [Line Items]

Acquired assets and assumed liabilities at date of acquisition



Cash and cash equivalents	$	38,875
Trade accounts receivable, net	121,169
Inventories	245,161
Other current assets	106,489
Property, net	104,868
Trademarks and other identifiable intangibles, net	365,104
Deferred tax assets, noncurrent	13,832
Other noncurrent assets	5,755
Total assets acquired	1,001,253
Accounts payables	79,785
Accrued liabilities and other	184,433
Notes payable	97,599
Current portion of long-term debt	123,891
Long-term debt	8,683
Deferred tax liabilities, noncurrent	111,072
Other noncurrent liabilities	100,621
Total liabilities assumed	706,084
Net assets acquired	295,169
Goodwill	104,145
Purchase price	$	399,314

Unaudited pro forma results of operations



	Years Ended
	January 3, 2015
Net sales	$	5,872,848
Net income	427,296
Earnings per share:
Basic	$	1.06
Diluted	1.05