Note 4 - Acquisition of Businesses (Tables)

6 Months Ended

Jul. 02, 2016

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Total purchase consideration:
Cash	$	17,798
Additional consideration payable		919
Total purchase consideration	$	18,717
Preliminary allocation of consideration to assets acquired and liabilities assumed:
Cash	$	15
Current assets, net		13,287
Property, plant and equipment		1,558
Customer relationships		3,066
Patented and unpatented technologies		389
Trademarks and tradenames		1,849
Goodwill		7,364
Current liabilities		(7,367	)
Other non-current liabilities		(1,444	)
	$	18,717

Total purchase consideration	$	350,000
Preliminary allocation of consideration to assets acquired and liabilities assumed:
Cash	$	16,958
Other current assets, net		57,114
Property, plant and equipment		57,042
Patented and unpatented technologies		56,425
Customer relationships		39,720
Goodwill		165,797
Other long-term assets		15,899
Current liabilities		(53,389	)
Other non-current liabilities		(5,566	)
	$	350,000

Total purchase consideration:
Cash	$	5,845
Estimated additional consideration payable		844
Total purchase consideration	$	6,689
Preliminary allocation of consideration to assets acquired and liabilities assumed:
Cash	$	230
Current assets, net		4,011
Property, plant and equipment		1,097
Goodwill		2,552
Patents		2,845
Current liabilities		(1,478	)
Other non-current liabilities		(2,568	)
	$	6,689

Business Acquisition, Pro Forma Information [Table Text Block]

	For the Three Months Ended				For the Six Months Ended
(in thousands, except per share amounts)	July 2 , 201 6		June 27 , 201 5		July 2 , 201 6		June 27 , 201 5
Net sales	$	271,912	$	267,711	$	525,520	$	523,844
Income before income taxes		40,916		41,206		72,348		64,881
Net income		32,662		32,743		57,085		56,493
Net income per share — basic		1.45		1.44		2.54		2.49
Net income per share — diluted		1.44		1.43		2.52		2.48