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ACQUISITION (Tables)
9 Months Ended
Oct. 01, 2022
ACQUISITION  
Summary of purchase price allocation

(in thousands)

    

November 24, 2021

Total consideration

$

91,109

Allocation of purchase price:

 

  

Cash

 

217

Trade receivables

 

2,805

Inventories

 

5,528

Prepaid expenses and other current assets

 

396

Property and equipment

 

1,263

Intangible assets

 

72,500

Total assets acquired

 

82,709

Accounts payable

 

1,744

Accrued expenses and other current liabilities

 

1,038

Other long-term liabilities

 

2,920

Total liabilities assumed

 

5,702

Total fair value of net assets acquired, excluding goodwill:

 

77,007

Goodwill

$

14,102

Schedule of purchase price to specific intangible asset categories

Fair Value

Amortization

Definite-lived intangible assets:

    

(in thousands)

    

Period

Dealer relationships

$

37,000

 

13 years

Trade names

 

13,000

 

25 years

Technology

13,000

15 years

Pool designs

7,900

15 years

Backlog

1,600

10 months

$

72,500