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Acquisition (Tables)
6 Months Ended
Jun. 29, 2014
Acquisition  
Summary of the fair values of the assets acquired and the liabilities assumed at the Merger Date

 

 

Cash and cash equivalents

 

$

3,791

 

Accounts receivable

 

3,318

 

Inventories

 

7,585

 

Property and equipment

 

5,182

 

Other assets

 

3,090

 

Intangible assets with finite lives

 

9,340

 

Trademarks

 

50,100

 

Goodwill

 

36,974

 

Total assets acquired

 

119,380

 

 

 

 

 

Accounts payable and accrued expenses

 

8,808

 

Customer advances and deferred revenue

 

1,832

 

Capital lease obligations

 

393

 

Pension and retirement liabilities

 

9,357

 

Deferred tax liabilities

 

16,447

 

Total liabilities assumed

 

36,837

 

Net assets acquired

 

$

82,543

 

Schedule of unaudited pro forma operating results

 

 

 

 

Unaudited Pro Forma

 

Unaudited Pro Forma

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 2013

 

June 30, 2013

 

 

 

(As Revised)

 

(As Revised)

 

Net sales

 

$

85,209

 

$

167,022

 

Net income (loss)

 

4,709

 

10,254