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BUSINESS ACQUISITIONS (Tables)
3 Months Ended
Mar. 30, 2019
Business Combinations [Abstract]  
Schedule of Purchase Price Allocation
The purchase price allocation of $21.5 million, net of $1.0 million of cash acquired and a final net working capital adjustment of $0.4 million, was as follows:
 
January 11, 2018
 
(in thousands)
Trade receivables (contractual amount of $1,309)
$
1,309

Other current assets (excluding cash)
99

Property, plant and equipment
1,136

Definite-lived intangible assets - client relationships
3,647

Goodwill
17,660

Current liabilities
(1,575
)
Deferred revenue
(151
)
Long-term liabilities
(596
)
Total purchase price allocation
$
21,529

The purchase allocation of $800.8 million, net of $27.7 million of cash acquired and a final net working capital adjustment of $1.2 million, was as follows:
 
April 3, 2018
 
(in thousands)
Trade receivables (contractual amount of $35,073)
$
35,073

Inventories
4,463

Other current assets (excluding cash)
5,893

Property, plant and equipment
128,403

Goodwill
441,656

Definite-lived intangible assets
309,200

Other long-term assets
1,081

Deferred revenue
(23,926
)
Current liabilities
(32,885
)
Deferred tax liabilities
(65,945
)
Other long-term liabilities
(2,213
)
Total purchase price allocation
$
800,800

Schedule of Definite-Lived Intangible Assets Acquired as Part of Business Combination
The breakout of definite-lived intangible assets acquired was as follows:
 
Definite-Lived Intangible Assets
 
Weighted Average Amortization Life
 
(in thousands)
 
(in years)
Client relationships
$
264,900

 
13
Developed technology
23,400

 
3
Backlog
20,900

 
1
Total definite-lived intangible assets
$
309,200

 
12
Schedule of Business Acquisition, Pro Forma Information
For the three months ended March 31, 2018, these adjustments included additional amortization of intangible assets and depreciation of fixed assets of $6.9 million, additional interest expense on borrowings of $2.6 million, elimination of intercompany activity and other one-time costs, and the tax impacts of these adjustments.
 
Three Months Ended
 
March 31, 2018
 
(in thousands)
Revenue
$
556,091

Net income attributable to common shareholders
49,414