Acquisitions (Tables)

6 Months Ended

Jun. 28, 2019

Summary of Acquisition Date Fair Value of Consideration

The acquisition date fair value of the consideration for the acquisition of Soft Company consisted of the following as of February 15, 2018:

(amounts in thousands)
Cash consideration	$	16,910
Fair value of contingent consideration		1,997
Fair value of purchase consideration	$	18,907

Summary of Allocation of Aggregate Purchase Consideration to Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the allocation of the aggregate purchase consideration to the fair value of the assets acquired and liabilities assumed as of February 15, 2018:

(amounts in thousands)
Assets Acquired:
Cash	$	4,059
Accounts receivable		5,551
Prepaids & other		243
Property & equipment		53
Acquired intangibles		7,238
Goodwill		12,720
Total assets acquired	$	29,864

Liabilities Assumed:
Accounts payable		4,085
Accrued compensation		2,669
Other short-term liabilities		2,006
Deferred income taxes		1,827
Other long-term liabilities		370
Total liabilities assumed	$	10,957
Net assets acquired	$	18,907

Summary of Intangible Assets Acquired

The intangible assets acquired in this acquisition consisted of the following:

(amounts in thousands)	Fair Value		Estimated Useful Life
Trademarks	$	749	2 years
Customer relationships		6,489	13 years
Fair value of purchase consideration	$	7,238