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Acquisitions (Tables)
3 Months Ended
Mar. 28, 2020
Business Combinations [Abstract]  
Fair Values of Assets and Liabilities Acquired
The fair values of the assets and liabilities acquired of this acquisition are summarized below:
(amounts in thousands)
Preliminary Allocation
 
Measurement Period Adjustment
 
Final Allocation
Fair value of identifiable assets and liabilities:
 
 
 
 
 
Accounts receivable
$
11,417

 
$
(420
)
 
$
10,997

Inventories
2,555

 
(141
)
 
2,414

Other current assets
261

 
40

 
301

Property and equipment
3,166

 
176

 
3,342

Identifiable intangible assets
17,702

 
5,735

 
23,437

Operating lease assets
3,739

 

 
3,739

Goodwill
26,553

 
(3,053
)
 
23,500

Other assets
10

 

 
10

Total assets
$
65,403

 
$
2,337

 
$
67,740

Accounts payable
2,629

 

 
2,629

Other current liabilities
1,875

 
522

 
2,397

Operating lease liability
3,413

 

 
3,413

Other liabilities

 
1,502

 
1,502

Total liabilities
$
7,917

 
$
2,024

 
$
9,941

Purchase price:

 
 
 

Cash consideration, net of cash acquired
$
57,486

 
$
313

 
$
57,799