BUSINESS ACQUISITION (Tables)

9 Months Ended

Sep. 26, 2021

Business Combination and Asset Acquisition [Abstract]

Fair Values for Assets Acquired and Liabilities Assumed

The preliminary fair values recorded for the assets acquired and liabilities assumed for the acquisition are as follows (in thousands):

	Preliminary
Cash and cash equivalents	$	113
Trade accounts and other receivables	7,386
Inventories	60,339
Prepaid expenses and other current assets	7,953
Operating lease assets	14,967
Property, plant and equipment	170,617
Identified intangible assets	453,068
Total assets acquired	714,443
Accounts payable	8,016
Other current liabilities	9,568
Operating lease liabilities	13,405
Deferred tax liabilities	97,040
Other long-term liabilities	2,591
Total liabilities assumed	130,620
Total identifiable net assets	583,823
Goodwill	370,237
Total consideration transferred	$	954,060