Acquisitions (Tables) - Z-Wave

9 Months Ended

Sep. 29, 2018

A portion of the goodwill is deductible for tax purposes. The purchase price was allocated as follows (in thousands):

	Amount			Weighted-Average Amortization Period (Years)
Intangible assets:
In-process research and development	$	20,900		Not amortized
Developed technology	69,875			7
Customer relationships	25,000			4
Trademarks	9,900			7
	125,675

Cash and cash equivalents	2,841
Accounts receivable	5,311
Inventory	15,581
Other current assets	329
Goodwill	108,461
Other non-current assets	2,587
Accounts payable	(3,306		)
Other current liabilities	(8,917		)
Other non-current liabilities	(5,993		)
Total purchase price	$	242,569

Schedule of pro forma results of operations

The pro forma results of operations are presented for informational purposes only and are not necessarily indicative of the results of operations that would have been achieved if the acquisition had taken place on January 1, 2017 or of results that may occur in the future (in thousands, except per share data):

	Three Months Ended				Nine Months Ended
	September 29, 2018		September 30, 2017		September 29, 2018		September 30, 2017
Revenues	$	230,243	$	212,572	$	666,575	$	609,482
Net income	$	31,528	$	16,944	$	72,722	$	37,037

Earnings per share:
Basic	$	0.73	$	0.40	$	1.68	$	0.87
Diluted	$	0.71	$	0.39	$	1.65	$	0.86