ACQUISITIONS (Tables)

9 Months Ended

12 Months Ended

Oct. 01, 2016

Jan. 02, 2016

The purchase price for each acquisition consisted of the following:


	Landshire		Better Bakery
Cash	$	41,552	$	30,931
Other accrued liabilities		19,293		—

Purchase price	$	60,845	$	30,931


	Landshire		Better Bakery
Cash	$	41,552	$	30,931
Other accrued liabilities		19,293		—

Purchase price	$	60,845	$	30,931

Schedule of the net purchase prices allocated to assets acquired and liabilities assumed

The net purchase prices were allocated to assets acquired and liabilities assumed based on estimated fair values as of the date of the acquisitions and were as follows:


	Landshire			Better Bakery
Current assets	$	4,763		$	5,704
Property, plant and equipment		12,037			2,115
Other intangibles:
Customer relationships (15-year estimated useful life)		20,800			10,400
Landmark trade names and trademarks (19-year weighted average lives)		8,600			—
Better Bakery trade names and trademarks (17-year weighted average lives)		—			9,600
Non-compete agreements (useful lives of 3 and 4 years respectively)		700			400
Goodwill		14,506			9,940
Assumed liabilities		(561	)		(7,228	)

Net assets acquired	$	60,845		$	30,931

The net purchase prices were allocated to assets acquired and liabilities assumed based on estimated fair values at the date of the acquisitions as follows:


	Landshire			Better Bakery
Current assets	$	4,763		$	5,704
Property, plant and equipment		12,037			2,115
Other intangibles		30,100			20,400
Goodwill		14,506			9,940
Assumed liabilities		(561	)		(7,228	)

Net assets acquired	$	60,845		$	30,931

Summary of supplemental pro forma financial information

Presented below are pro forma information for the year to date period ended October 3, 2015 as if the acquisitions had occurred prior to January 4, 2015:


Net sales	$	1,233,016
Net income	$	27,425
Earnings per share — basic	$	0.42
Earnings per share — diluted	$	0.41

The following data table presents summarized pro forma results of the Company had the acquisitions occurred on December 29, 2013 (unaudited):


	Fiscal 2015		Fiscal 2014
Net sales	$	1,619,214	$	1,641,920
Net income (loss)		38,785		(38,568	)

Schedule of net sales and net income since acquisition date

Consolidated net sales and net income for the year to date period ended October 3, 2015 for Better Bakery (acquired April 24, 2015) and Landshire (acquired January 30, 2015) were as follows:


Better Bakery:
Net sales	$	5,321
Net income	$	(238	)
Landshire:
Net sales	$	30,196
Net income	$	5,249