Business Combinations and Asset Purchases (Tables)

12 Months Ended

Jan. 03, 2021

Business Acquisition [Line Items]

Fair Values of the Business Combinations and Allocations for the Acquisitions Completed

The total purchase price for the acquisitions in fiscal year 2020 has been allocated to the estimated fair values of assets acquired and liabilities assumed as follows:

	Preliminary
	Horizon		Other
	(In thousands)
Fair value of business combination:
Cash payments	$	399,005	$	38,243
Other liability	396		1,263
Working capital and other adjustments	—		(176)
Less: cash acquired	(25,539)		(1,300)
Total	$	373,862	$	38,030
Identifiable assets acquired and liabilities assumed:
Current assets	$	29,762	$	5,770
Property, plant and equipment	17,729		2,673
Other assets	17,743		371
Identifiable intangible assets:
Core technology	60,000		5,730
Trade names	4,900		680
Customer relationships	96,600		10,923
IPR&D	10,800		—
Goodwill	200,745		16,224
Deferred taxes	(22,480)		(1,132)
Deferred revenue	(2,031)		—
Debt assumed	—		(29)
Liabilities assumed	(39,906)		(3,180)
Total	$	373,862	$	38,030

The total purchase price for the acquisitions in fiscal year 2019 has been allocated to the estimated fair values of assets acquired and liabilities assumed as follows:

	Cisbio		Meizheng Group		Other
	(In thousands)
Fair value of business combination:
Cash payments	$	219,795	$	145,000	$	45,042
Other liability	—		6,446		638
Contingent consideration	—		12,100		634
Working capital and other adjustments	138		2,961		302
Less: cash acquired	(12,542)		(2,108)		(1,334)
Total	$	207,391	$	164,399	$	45,282
Identifiable assets acquired and liabilities assumed:
Current assets	$	43,554	$	15,077	$	4,125
Property, plant and equipment	4,835		6,278		727
Other assets	100		24		502
Identifiable intangible assets:
Core technology	89,000		36,600		27,667
Trade names	5,000		4,900		1,310
Customer relationships	39,000		55,800		6,700
Goodwill	73,417		78,612		17,079
Deferred taxes	(34,962)		(21,548)		(6,603)
Debt assumed	—		(706)		(2,698)
Liabilities assumed	(12,553)		(10,638)		(3,527)
Total	$	207,391	$	164,399	$	45,282

The total purchase price for the acquisitions in fiscal year 2018 has been allocated to the estimated fair values of assets acquired and liabilities assumed as follows:

	(In thousands)
Fair value of business combination:
Cash payments	$	95,950
Other liability	3,354
Contingent consideration	6,200
Working capital and other adjustments	261
Less: cash acquired	(1,132)
Total	$	104,633
Identifiable assets acquired and liabilities assumed:
Current assets	$	4,905
Property, plant and equipment	1,166
Other assets	776
Identifiable intangible assets:
Core technology	31,956
Trade names	1,070
GC Libraries	2,065
Customer relationships	10,200
Goodwill	65,886
Deferred taxes	(9,049)
Debt assumed	(461)
Liabilities assumed	(3,881)
Total	$	104,633