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Subsequent Events
12 Months Ended
Dec. 28, 2019
Subsequent Events [Abstract]  
Subsequent Events

17. Subsequent Events

On January 2, 2020, we acquired the remaining 60% of the outstanding stock of Power Train Industries (“PTI”), a privately-held supplier of parts to the automotive aftermarket, based in Reno, Nevada.

The purchase price was $18.2 million, subject to working capital adjustments, and was accounted for as a business combination. We will consolidate PTI’s results beginning in the first quarter of 2020. Prior to the acquisition date, we accounted for our 40% interest in PTI, which was acquired in 2016, as an equity-method investment.