Acquisitions (Tables)

6 Months Ended

Jun. 29, 2018

Summary of Acquisition Date Fair Value of Consideration

The acquisition date fair value of the consideration for the above transaction consisted of the following as of February 15, 2018:

(amounts in thousands)
Cash consideration	$	16,910
Fair value of contingent consideration		1,997
Fair value of purchase consideration	$	18,907

Summary of Preliminary Allocation of Aggregate Purchase Consideration to Estimated Fair Value of Assets Acquired and Liabilities Assumed

The following tables summarizes the preliminary allocation of the aggregate purchase consideration to the estimated fair value of the assets acquired and liabilities assumed as of February 15, 2018:

(amounts in thousands)
Assets Acquired
Cash	$	4,059
Accounts receivable		5,551
Prepaids & other		243
Property & equipment, net		53
Acquired intangibles		7,238
Goodwill		13,282
Total assets acquired	$	30,426

Liabilities Assumed
Accounts payable	$	4,085
Accrued compensation		2,669
Other short-term liabilities		2,006
Deferred income taxes		2,389
Other long-term liabilities		370
Total liabilities assumed	$	11,519
Net assets acquired	$	18,907

Summary of Intangible Assets Acquired

The intangible assets acquired in this acquisition consisted of the following:

(amounts in thousands)	Fair Value		Estimated Economic Life
Trademarks	$	749	2 years
Customer relationships		6,489	13 years
Fair value of purchase consideration	$	7,238