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ACQUISITION, RESTRUCTURING AND MANAGEMENT FEE COSTS
9 Months Ended
Sep. 26, 2021
Business Combination and Asset Acquisition [Abstract]  
Acquistion, Reconstructuring and Management Fee Cost

15. ACQUISITION, RESTRUCTURING AND MANAGEMENT FEE COSTS

 

The following table summarizes total acquisition, restructuring and management fee costs:

 

 

 

For the thirteen weeks ended

 

 

For the thirty-nine weeks ended

 

 

 

September 26, 2021

 

 

September 27, 2020

 

 

September 26, 2021

 

 

September 27, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquisitions (1)

 

$

204

 

 

$

137

 

 

$

3,415

 

 

$

1,301

 

Restructuring (2)

 

 

140

 

 

 

955

 

 

 

1,265

 

 

 

4,323

 

Management fees (3)

 

 

23,274

 

 

 

894

 

 

 

25,813

 

 

 

2,665

 

Earn out adjustment (4)

 

 

 

 

 

 

 

 

17,173

 

 

 

 

Total acquisition, restructuring
   and management fees

 

$

23,618

 

 

$

1,986

 

 

$

47,666

 

 

$

8,289

 

 

(1)
Includes professional fees for legal, accounting, consulting, administrative, and other professional services directly attributable to potential acquisitions.
(2)
Includes costs incurred as part of the restructuring of operations including professional and consulting services.
(3)
Includes acquisition costs and management fees paid to Sentinel Capital Partners, including a fee of $23,275 paid in the 13-week period ended September 26, 2021 upon the Closing of the Business Combination.
(4)
A fair value adjustment to the contingent consideration payable from the Simpson acquisition.