Acquisitions (Details Narrative) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 25, 2015 |
Sep. 25, 2015 |
Jun. 26, 2015 |
[1] | Mar. 27, 2015 |
Dec. 26, 2014 |
[2],[3] | Sep. 26, 2014 |
[4] | Jun. 27, 2014 |
Mar. 28, 2014 |
Dec. 25, 2015 |
Apr. 06, 2015 |
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Professional fees | $ 1,546 | ||||||||||||||||||||
Operating expenses | $ 3,000 | ||||||||||||||||||||
Net sales | $ 299,722 | $ 277,516 | $ 282,882 | $ 198,876 | $ 228,228 | $ 208,070 | $ 213,144 | $ 187,183 | |||||||||||||
Del Monte [Member] | |||||||||||||||||||||
Effective acquisition date | Apr. 06, 2015 | ||||||||||||||||||||
Aggregate purchase price | 185,332 | $ 185,332 | |||||||||||||||||||
Portion purchase price cash-on-hand | 123,893 | 123,893 | $ 123,893 | ||||||||||||||||||
Portion purchase price additional senior secured notes and additional borrowings | 61,439 | $ 61,439 | |||||||||||||||||||
Number of common stock issued for acquisition | 1,100,000 | ||||||||||||||||||||
Value of common stock issued for acquisition | 24,689 | $ 24,689 | 24,689 | ||||||||||||||||||
Additional contingent consideration | 24,500 | $ 24,500 | |||||||||||||||||||
Description of payment for contingent consideration arrangements | The payment of the earn-out liability is subject to certain conditions, including the successful achievement of Adjusted EBITDA targets for the Del Monte entities and improvements in certain operating metrics for the Company’s existing protein business and the business of any protein companies subsequently acquired by the Company over the six years following the closing of the Del Monte acquisition. |
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Fair value of contingent consideration | $ 13,792 | $ 13,792 | $ (13,139) | ||||||||||||||||||
Net sales | 172,201 | ||||||||||||||||||||
Income before taxes | $ 17,132 | ||||||||||||||||||||
Del Monte [Member] | Other Amortizable Intangibles [Member] | Maximum [Member] | |||||||||||||||||||||
Weighted average useful life | 20 years | ||||||||||||||||||||
Del Monte [Member] | Other Amortizable Intangibles [Member] | Minimum [Member] | |||||||||||||||||||||
Weighted average useful life | 15 years | ||||||||||||||||||||
Del Monte [Member] | Goodwill [Member] | |||||||||||||||||||||
Weighted average useful life | 15 years | ||||||||||||||||||||
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