Acquisition-Related Contingent Consideration (Tables)

9 Months Ended

Sep. 29, 2018

Reconciliation of Change in Fair Value Measurement of Contingent Consideration Liability

The following table represents a reconciliation of the change in the fair value measurement of the contingent consideration liability for the three and nine month periods ended September 29, 2018 and September 30, 2017:

	Three Months Ended					Nine Months Ended
	September 29, 2018		September 30, 2017			September 29, 2018		September 30, 2017
	(In thousands)
Opening balance	$	370	$	859		$	362	$	759
Changes in fair value		—		(283	)		8		(181	)
Cash payments made		—		(172	)		—		(174	)
Closing balance	$	370	$	404		$	370	$	404

Balance Sheet Classification of Contingent Consideration Liability

The following table displays the balance sheet classification of the contingent consideration liability account at September 29, 2018 and at December 30, 2017:

	September 29,		December 30,
	2018		2017
	(In thousands)
Other accrued liabilities	$	370	$	103
Other long-term liabilities		—		259
Total acquisition-related contingent consideration	$	370	$	362

Quantitative Information of Significant Unobservable Inputs of Contingent Consideration Liability

The following table represents the quantitative range of the significant unobservable inputs used in the calculation of fair value of the contingent consideration liability as of September 29, 2018. Significant increases or decreases in any of these inputs in isolation would result in a significantly lower or higher fair value measurement.

	Quantitative Information about Level 3 Fair Value Measurements at September 29, 2018
	Fair Value		Valuation Technique	Unobservable Input	Weighted Average
	(In thousands, except for percentages)
Revenue Earnout	$	370	Discounted cash flow	Weighted average cost of capital		12.1	%