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FAIR VALUE MEASUREMENT (Tables)
12 Months Ended
Dec. 28, 2019
Schedule of share-based payment award phantom equity awards, valuation assumptions

 

 

 

 

 

Risk-free interest rate

 

 

1.67%

 

Dividend rate

 

 

0.00%

 

Volatility range

 

 

25% - 37%

 

Weighted average expected term (years)

 

 

4.1

 

 

Schedule of contingent consideration valuation techniques

 

 

 

 

 

Risk-free interest rate

 

 

1.6% - 2.3%

 

Expected term (years)

 

 

.4 - 3.2

 

 

Schedule of contingent consideration liability measured at fair value

The following table is a reconciliation for the contingent consideration liability measured at fair value using Level 3 unobservable inputs (in thousands):

 

 

 

 

 

 

Balance at December 29, 2018

 

$

 -

 

Contingent consideration granted with acquisitions

 

 

1,540

 

Change in fair value measurement of liability

 

 

(58)

 

Balance at December 28, 2019

 

$

1,482

 

 

Schedule of ARO liabilities valuation techniques

 

 

 

 

 

Credit adjusted risk-free interest rate

 

 

3.66%

 

Expected term (years)

 

 

4.7

 

 

PE and PEAR awards  
Schedule of contingent consideration liability measured at fair value

The following table is a reconciliation for the PE and PEAR liability measured at fair value using Level 3 unobservable inputs (in thousands):

 

 

 

 

 

 

Balance at December 29, 2018

 

$

 -

 

Awards related to acquired companies

 

 

300

 

Change due to vesting of awards granted

 

 

331

 

Change in fair value measurement of liability

 

 

(135)

 

Balance at December 28, 2019

 

$

496