Business Combination (Tables)

9 Months Ended

Dec. 29, 2018

Business Combinations [Abstract]

Schedule of Purchase Price Allocation on Assets and Liabilities

The preliminary estimated purchase price was allocated as follows:

(Dollars in thousands)	Previously Reported			Changes to Allocation			Preliminary Allocation at December 29, 2018
Cash	$	9,722		$	—		$	9,722
Trade accounts receivable		13,876			—			13,876
Inventory		19,028			—			19,028
Property, plant and equipment		44,642			—			44,642
Deferred tax assets, net		9,733			(1,779	)		7,954
Other assets		6,349			—			6,349
Accounts payable and accrued liabilities		(35,763	)		(214	)		(35,977	)
Intangibles		43,300			7,393			50,693
Goodwill		174,278			(5,400	)		168,878
Total preliminary estimated purchase price allocation	$	285,165		$	—		$	285,165

Summary of Company's Results of Operations from Business Acquired

Included in the Company’s results of operations for the three and nine months ended December 29, 2018, are results from the business acquired as follows:

(Dollars in thousands)	Three Months Ended December 29, 2018		Nine Months Ended December 29, 2018
Net sales	$	63,193	$	153,337

Summary of Results of Operation As Reported and Proforma Basis

A summary of the results of operations for the Company, on an as reported and on a pro forma basis, are as follows:

	Three Months Ended December 30, 2017				Nine Months Ended December 29, 2018						Nine Months Ended December 30, 2017
(Dollars in thousands)	Reported		Pro forma		Reported			Pro forma			Reported		Pro forma
Net sales	$	294,378	$	350,913	$	1,032,368		$	1,078,172		$	798,443	$	972,903
Net income (loss)		5,393		8,421		(67,365	)		(52,256	)		18,064		22,281