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Acquisitions (Tables)
12 Months Ended
Dec. 30, 2017
Summary of Acquisitions by Region

 

 

 

 

 

 

 

 

 

 

 

 

2017

    

2016

    

2015

West

 

 

 6

 

 

 3

 

 

 3

East

 

 

 8

 

 

 5

 

 

 —

Cement

 

 

 —

 

 

 1

 

 

 1

 

Summary of Assets Acquired and Liabilities Assumed

 

 

 

 

 

 

 

 

    

2017

    

2016

Financial assets (1)

 

$

31,615

 

$

22,204

Inventories

 

 

8,300

 

 

17,215

Property, plant and equipment

 

 

160,975

 

 

180,321

Intangible assets

 

 

161

 

 

5,531

Other assets

 

 

4,200

 

 

6,757

Financial liabilities (1)

 

 

(15,501)

 

 

(20,248)

Other long-term liabilities

 

 

(17,610)

 

 

(36,074)

Net assets acquired

 

 

172,140

 

 

175,706

Goodwill

 

 

247,536

 

 

176,319

Purchase price

 

 

419,676

 

 

352,025

Acquisition-related liabilities

 

 

(43,452)

 

 

(17,034)

Other

 

 

(1,294)

 

 

1,967

Net cash paid for acquisitions

 

$

374,930

 

$

336,958


(1)

In the first quarter of 2017, we reclassified $1.2 million of accounts payable overdrafts from financial assets to financial liabilities for the year ended December 31, 2016.

 

Schedule of remaining payments under noncompete and deferred consideration agreements

 

 

 

 

 

2018

    

$

13,760

 

2019

 

 

9,187

 

2020

 

 

7,973

 

2021

 

 

7,958

 

2022

 

 

1,803

 

Thereafter

 

 

6,763

 

Total scheduled payments

 

 

47,444

 

Present value adjustments

 

 

(10,117)

 

Total noncompete obligations and deferred consideration

 

$

37,327

 

 

Summit Materials, LLC  
Summary of Acquisitions by Region

 

 

 

 

 

 

 

 

 

 

 

 

2017

    

2016

    

2015

West

 

 

 6

 

 

 3

 

 

 3

East

 

 

 8

 

 

 5

 

 

 —

Cement

 

 

 —

 

 

 1

 

 

 1

 

Summary of Assets Acquired and Liabilities Assumed

 

 

 

 

 

 

 

 

    

2017

    

2016

Financial assets (1)

 

$

31,615

 

$

22,204

Inventories

 

 

8,300

 

 

17,215

Property, plant and equipment

 

 

160,975

 

 

180,321

Intangible assets

 

 

161

 

 

5,531

Other assets

 

 

4,200

 

 

6,757

Financial liabilities (1)

 

 

(15,501)

 

 

(20,248)

Other long-term liabilities

 

 

(17,610)

 

 

(36,074)

Net assets acquired

 

 

172,140

 

 

175,706

Goodwill

 

 

247,536

 

 

176,319

Purchase price

 

 

419,676

 

 

352,025

Acquisition-related liabilities

 

 

(43,452)

 

 

(17,034)

Other

 

 

(1,294)

 

 

1,967

Net cash paid for acquisitions

 

$

374,930

 

$

336,958


(1)

In the first quarter of 2017, we reclassified $1.2 million of accounts payable overdrafts from financial assets to financial liabilities for the year ended December 31, 2016.

Schedule of remaining payments under noncompete and deferred consideration agreements

 

 

 

 

 

2018

    

 

11,260

 

2019

 

 

6,687

 

2020

 

 

5,473

 

2021

 

 

5,458

 

2022

 

 

1,803

 

Thereafter

 

 

6,763

 

Total scheduled payments

 

 

37,444

 

Present value adjustments

 

 

(8,513)

 

Total noncompete obligations and deferred consideration

 

$

28,931