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Acquisitions
12 Months Ended
Dec. 27, 2015
Business Combinations [Abstract]  
Acquisitions
ACQUISITIONS

The May 2011 acquisition of the Shore to Shore businesses included a purchase price payment to escrow of $17.5 million related to the 2010 performance of the acquired business. This amount was subject to adjustment pending final determination of the 2010 performance and could have resulted in an additional purchase price payment of up to $6.3 million. In the third quarter of 2015, we engaged in discussions with the sellers regarding the possibility of reaching a settlement of this matter. On August 25, 2015, we entered into a settlement with the sellers. Pursuant to the settlement, the sellers received the $17.5 million in escrow, plus the earnings in the escrow account, in exchange for full and final resolution of this matter between the parties. As a result of this settlement, there is no final adjustment to the purchase price recognized through earnings and we are released from any and all claim or liability in connection with the final determination of the 2010 performance. Acquisition related costs incurred in connection with the transaction, including legal and other arbitration-related costs, are recognized within acquisition costs in the Consolidated Statement of Operations and approximate $0.1 million and $0.4 million for the years ended December 27, 2015 and December 28, 2014, respectively.

As we owned 51% of the outstanding voting shares of Shore to Shore PVT Ltd. (Sri Lanka), we classified the non-controlling interests as equity on our Consolidated Balance Sheet, and presented net income attributable to non-controlling interests separately on our Consolidated Statement of Operations. On June 24, 2013, we completed the sale of our 51% interest in Shore to Shore PVT Ltd. for which we received cash proceeds of $0.2 million (net of a stamp duty). The gain on sale of $0.2 million was recorded within other operating income on the Consolidated Statement of Operations.