Business Combinations (Tables)

6 Months Ended

Jul. 05, 2020

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition1 [Table Text Block]

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		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	$	15,160	$	4,042
Property, plant and equipment	4,835		6,278		727
Other assets	100		45		481
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		78,686		17,005
Deferred taxes	(34,962)		(21,494)		(6,657)
Debt assumed	—		(706)		(2,698)
Liabilities assumed	(12,553)		(10,870)		(3,295)
Total	$	207,391	$	164,399	$	45,282