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Goodwill (Tables)
12 Months Ended
Dec. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Reconciliation of Activity for Goodwill

A reconciliation of the activity for goodwill in 2018 and 2017 is as follows:

 

 

 

Fiscal Year

 

(in thousands)

 

2018

 

 

2017

 

Beginning balance - goodwill

 

$

169,316

 

 

$

144,586

 

2017 System Transformation Transactions acquisitions(1)

 

 

-

 

 

 

35,867

 

October 2017 Divestitures

 

 

-

 

 

 

(13,073

)

Measurement period adjustments(2)

 

 

(3,413

)

 

 

1,936

 

Ending balance - goodwill

 

$

165,903

 

 

$

169,316

 

(1)

2017 System Transformation Transactions acquisitions includes an increase in goodwill of $7.4 million in 2017 from the opening balance sheets for the distribution territories and regional manufacturing facilities acquired in the System Transformation during 2017, as disclosed in the financial statements in the Company’s filed periodic reports. These adjustments are for post-closing adjustments made in accordance with the terms and conditions of the applicable asset purchase agreement or asset exchange agreement for each System Transformation Transaction.

(2)

Measurement period adjustments relate to post-closing adjustments made in accordance with the terms and conditions of the applicable asset purchase agreement or asset exchange agreement for each System Transformation Transaction.