Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2018

Fair Value Disclosures [Abstract]

Schedule of assets and liabilities measured at fair value on a recurring basis

The following tables provide information regarding the Company’s assets and liabilities measured at fair value on a recurring basis at June 30, 2018 and December 30, 2017.

	June 30, 2018
			Quoted  Market		Significant Other Observable		Significant Unobservable
	Total		Prices (Level 1)		Inputs (Level 2)		Inputs (Level 3)
Assets
Forward foreign exchange contracts	$	120	$	—	$	120	$	—
Total	$	120	$	—	$	120	$	—
Liabilities
Forward foreign exchange contracts	$	167	$	—	$	167	$	—
Contingent consideration		34,535		—		—		34,535
Total	$	34,702	$	—	$	167	$	34,535

	December 30, 2017
			Quoted  Market		Significant Other Observable		Significant Unobservable
	Total		Prices (Level 1)		Inputs (Level 2)		Inputs (Level 3)
Liabilities
Contingent consideration	$	33,882	$	—	$	—	$	33,882
Total	$	33,882	$	—	$	—	$	33,882

Summary of changes in estimated fair value of contingent consideration

A summary of the changes in the estimated fair value of contingent consideration related to the acquisition of Enovation Controls at June 30, 2018 is as follows:

Balance at December 30, 2017	$	33,882
Change in estimated fair value		149
Accretion in value		504
Balance at June 30, 2018	$	34,535