Business Combinations

3 Months Ended

Sep. 29, 2018

5.	Business Combinations

During the first quarter of fiscal 2019, the Company paid cash of $31.5 million for an acquisition and during the first quarter of fiscal 2018, the Company paid cash of $63.4 million for an acquisition. These acquisitions did not materially affect the Company’s results of operations.

The following table summarizes the preliminary purchase price allocation for each major class of assets acquired and liabilities assumed for the fiscal 2019 acquisition.

(In millions)	Fiscal 2019
Net working capital	$	10.6
Goodwill		6.3
Other intangible assets		13.5
Property, plant and equipment		1.1
Total purchase price	$	31.5

Subsequent to September 29, 2018, the Company paid $24.9 million for an acquisition. The Company is in the process of determining the fair values of the assets acquired and liabilities assumed.