Note 4 - Acquisition of Businesses (Tables)

9 Months Ended

Oct. 01, 2016

Notes Tables

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

Total purchase consideration:
Cash	$	104,000
Preliminary allocation of consideration to assets acquired and liabilities assumed:
Current assets, net		4,616
Customer relationships		31,650
Patented and unpatented technologies		10,250
Non-compete agreement		2,500
Goodwill		54,984
	$	104,000

Total purchase consideration:
Cash, net of acquired cash	$	18,909
Additional consideration payable		253
Total purchase consideration	$	19,162
Preliminary allocation of consideration to assets acquired and liabilities assumed:
Current assets, net	$	13,560
Property, plant and equipment		1,693
Customer relationships		3,050
Patented and unpatented technologies		224
Trademarks and tradenames		1,849
Goodwill		7,651
Current liabilities		(7,421	)
Other non-current liabilities		(1,444	)
	$	19,162

Total purchase consideration:
Original consideration	$	350,000
Post closing consideration adjustment received		(2,029	)
Acquired cash		(5,719	)
Acquired cash to be returned to seller		5,719
Total purchase consideration	$	347,971
Preliminary allocation of consideration to assets acquired and liabilities assumed:
Current assets, net	$	59,751
Property, plant and equipment		52,025
Land lease		4,290
Patented and unpatented technologies		56,425
Customer relationships		39,720
Goodwill		163,635
Other long-term assets		10,711
Current liabilities		(37,068	)
Other non-current liabilities		(1,518	)
	$	347,971

Total purchase consideration:
Cash	$	5,788
Estimated additional consideration payable		901
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 Nine Months Ended
(in thousands, except per share amounts)	October 1 , 201 6		September 26 , 201 5		October 1 , 201 6		September 26 , 201 5
Net sales	$	290,377	$	278,093	$	846,127	$	834,372
Income before income taxes		32,728		17,823		110,853		88,124
Net income		33,086		6,324		96,713		69,110
Net income per share — basic		1.47		0.28		4.30		3.05
Net income per share — diluted		1.46		0.28		4.26		3.04