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Acquisitions
 12 Months Ended
Dec. 30, 2023
Business Combinations [Abstract]  
Acquisitions
6. ACQUISITIONS
Oz Post International, LLC
On April 16, 2021, the Company completed the acquisition of Oz Post International, LLC ("OZCO"), a leading manufacturer of superior quality hardware that offers structural fasteners and connectors used for decks, fences and other outdoor structures, for a total purchase price of $39,834. The Company entered into an amendment ("OZCO Amendment") to the term loan credit agreement dated May 31, 2018 (the "2018 Term Loan"), which provided $35,000 of incremental term loan funds to be used to finance the acquisition. OZCO has business operations throughout North America and its financial results reside in the Company's Hardware and Protective Solutions reportable segment.
The following table reconciles the fair value of the acquired assets and assumed liabilities to the total purchase price of OZCO.
Accounts receivable$1,341 
Inventory3,435 
Other current assets26 
Property and equipment595 
Goodwill9,093 
Customer relationships23,500 
Trade names2,600 
Technology4,000 
Total assets acquired$44,590 
Less:
Liabilities assumed(4,756)
Total purchase price$39,834 
Pro forma financial information has not been presented for OZCO as their associated financial results are insignificant to the financial results of the Company.
Other Acquisitions
On March 7, 2022, the Company completed its acquisition of the Irvine, California-based Monkey Hook, LLC ("Monkey Hook") for a total purchase price of $2,800, which includes $300 in hold-back that remained payable to the seller as of December 31, 2022. During the first quarter of 2023, the hold-back of $300 was paid to satisfy the full purchase price. Monkey Hook products are designed to hang artwork on drywall where no stud is present. Monkey Hook sells its products throughout North America and its financial results reside in the Company's
Hardware and Protective Solutions reportable segment and have been determined to be immaterial for purposes of additional disclosure.
On December 5, 2023, the Company completed its acquisition of Ajustlock, an innovative adjustable barrel bolt lock used on gates, doors or windows which self-adjusts vertically to eliminate door shift issues, for a total purchase price of $1,400, which includes a $100 hold-back payable to the seller. Ajustlock sells its products throughout North America and its financial results reside in the Company's Hardware and Protective Solutions reportable segment and have been determined to be immaterial for purposes of additional disclosure.