Acquisitions (Tables) - Rytec [Member]

9 Months Ended

Sep. 28, 2024

Summary of Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of the assets acquired and liabilities assumed of Rytec as of July 23, 2024, the date of acquisition (in thousands):

Cash	$	1,263
Accounts receivable		34,812
Inventory		32,477
Other current assets		1,475
Property, plant and equipment		31,948
Goodwill		274,036
Other intangible assets		215,000
Other assets		58
Total assets acquired		591,069
Accounts payable		16,474
Salary, wages and related accruals		5,003
Other current liabilities		4,261
Total liabilities assumed		25,738
Net assets acquired	$	565,331

Summary of Purchase Price Allocation to Identifiable Intangible Assets

The following table summarizes the purchase price allocation to the identifiable intangible assets of Rytec as of July 23, 2024, the date of acquisition (in thousands, except years):

			Weighted-
			Average Life
Customer relationships	$	185,000	15 years
Trademarks and trade names		16,000	10 years
Other intangibles		14,000	< 1 year
	$	215,000