Basis of Interim Presentation (Tables)

9 Months Ended

Sep. 27, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Assets and Liabilities Held-for-sale

In conjunction with the pending sale of the Company's European contract packaging business, the following major classes of assets and liabilities were classified as held for sale on the Company's Condensed Consolidated Balance Sheet as of September 27, 2020:

Assets:
Trade accounts receivable, net of allowances	$	43,411
Inventories	36,278
Other receivables	9,179
Prepaid expenses	2,516
Current assets	91,384
Property, plant and equipment, net	7,766
Goodwill	76,828
Long-term deferred income taxes	1,943
Right of Use Asset - Operating leases	23,337
Other assets	811
Noncurrent assets	110,685
Assets held for sale	$	202,069
Liabilities:
Payable to suppliers	$	54,907
Accrued expenses and other	15,351
Notes payable and current portion of long-term debt	259
Taxes on income	1,198
Current liabilities	71,715
Long-term debt	554
Noncurrent operating lease liabilities	18,824
Other long-term liabilities	2,756
Noncurrent liabilities	22,134
Liabilities held for sale	$	93,849