XML 106 R32.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Acquisitions and Divestitures (Tables)
12 Months Ended
Dec. 28, 2019
Acquisitions and divestitures  
Schedule of divestiture

October 17, 2018

Cash received

$

420,002

Assets sold:

Inventories

(6,688)

Property, plant and equipment

(404)

Customer relationships — finite-lived intangible assets

(8,408)

Trademarks — indefinite-lived intangible assets

(152,800)

Goodwill

(70,952)

Other

(77)

Total assets sold

(239,328)

Expenses

(4,288)

Gain on sale of assets

$

176,386

Clabber Girl Corporation  
Acquisitions and divestitures  
Schedule of preliminary allocation of purchase price to the estimated fair value of the net assets acquired

Preliminary Allocation:

May 15, 2019

Cash and cash equivalents

$

2,202

Trade accounts receivable, net

5,627

Inventories

10,641

Prepaid expenses and other current assets

154

Income tax receivable

7

Property, plant and equipment, net

20,697

Operating lease right-of-use assets

7,841

Trademarks — indefinite-lived intangible assets

19,600

Customer relationships — finite-lived intangible assets

18,500

Trade accounts payable

(3,007)

Accrued expenses

(1,315)

Current portion of operating lease liabilities

(952)

Long-term operating lease liabilities, net of current portion

(7,319)

Goodwill

11,956

Total purchase price (paid in cash)

$

84,632

McCann's brand of premium Irish oatmeal  
Acquisitions and divestitures  
Schedule of preliminary allocation of purchase price to the estimated fair value of the net assets acquired

McCann’s Acquisition (in thousands):

Allocation:

July 16, 2018

Property, plant and equipment

$

12

Inventories

973

Trademarks — indefinite-lived intangible assets

24,800

Customer relationships — finite-lived intangible assets

2,000

Accrued expenses

(292)

Goodwill

3,294

Total purchase price (paid in cash)

$

30,787

Back To Nature Foods Company, LLC  
Acquisitions and divestitures  
Schedule of preliminary allocation of purchase price to the estimated fair value of the net assets acquired

Back to Nature Acquisition (in thousands):

Allocation:

October 2, 2017

Trademarks — indefinite-lived intangible assets

$

109,900

Trademarks — finite-lived intangible assets

12,800

Goodwill

36,334

Customer relationships — finite-lived intangible assets

14,700

Inventories

 

5,088

Long-term deferred income tax liabilities, net

 

(9,892)

Other working capital

(6,082)

Total purchase price (paid in cash)

$

162,848