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Acquisitions (Tables)
 12 Months Ended
Jan. 02, 2021
Summary of Acquisitions by Region The following table summarizes the Company’s acquisitions by region and year:
 
 202020192018
West2 2 5 
East (1)1 — 7 
______________________
(1)    In addition, the Company acquired certain assets of a small ready-mix concrete operation in the second quarter of 2018.
Summary of Assets Acquired and Liabilities Assumed The table below summarizes aggregated information regarding the fair values of the assets acquired and liabilities assumed as of the respective acquisition dates.
 20202019
Financial assets$8,696 $— 
Inventories2,856 52 
Property, plant and equipment130,042 3,542 
Other assets2,790 — 
Financial liabilities(4,469)(36)
Other long-term liabilities(16,069)— 
Net assets acquired123,846 3,558 
Goodwill— 1,834 
Purchase price123,846 5,392 
Other(369)— 
Net cash paid for acquisitions$123,477 $5,392 
Schedule of remaining payments under noncompete and deferred consideration agreements The remaining payments due under these noncompete and deferred consideration agreements are as follows: 
  
2021$9,705 
20223,411 
20232,657 
20242,620 
20252,567 
Thereafter4,454 
Total scheduled payments25,414 
Present value adjustments(4,766)
Total noncompete obligations and deferred consideration$20,648 
Summit Materials, LLC  
Summary of Acquisitions by Region The following table summarizes the Company’s acquisitions by region and year:
 
 202020192018
West2 2 5 
East (1)1 — 7 
______________________
(1)     In addition, the Company acquired certain assets of a small ready-mix concrete operation in the second quarter of 2018.
Summary of Assets Acquired and Liabilities Assumed
The table below summarizes aggregated information regarding the fair values of the assets acquired and liabilities assumed as of the respective acquisition dates.
 
 20202019
Financial assets$8,696 $— 
Inventories2,856 52 
Property, plant and equipment130,042 3,542 
Other assets2,790 — 
Financial liabilities(4,469)(36)
Other long-term liabilities(16,069)— 
Net assets acquired123,846 3,558 
Goodwill— 1,834 
Purchase price123,846 5,392 
Other(369)— 
Net cash paid for acquisitions$123,477 $5,392 
Schedule of remaining payments under noncompete and deferred consideration agreements The remaining payments due under these noncompete and deferred consideration agreements are as follows:
2021$7,205 
20223,411 
20232,657 
20242,620 
20252,567 
Thereafter4,454 
Total scheduled payments22,914 
Present value adjustments(4,704)
Total noncompete obligations and deferred consideration$18,210