FAIR VALUE MEASUREMENT (Tables)

3 Months Ended

Mar. 28, 2020

Schedule of share-based payment award phantom equity awards, valuation assumptions

The following assumptions were used in determining the fair value of the award liability as of March 28, 2020.

Risk-free interest rate	1.58% - 1.62%
Dividend rate	0.00%
Volatility range	24% - 38%
Weighted average expected term (years)	3.8

Schedule of contingent consideration liability measured at fair value

The following table is a reconciliation for the contingent consideration liability measured at fair value using Level 3 unobservable inputs (in thousands):

Balance at December 28, 2019	$	1,482
Contingent consideration granted with acquisitions		-
Change in fair value measurement of liability		120
Balance at March 28, 2020	$	1,602

Schedule of contingent consideration valuation techniques

The following assumptions were used in determining the fair value of contingent consideration at March 28, 2020:

Risk-free interest rate	.09% - 1.6%
Expected term (years)	.18 - 2.33

Schedule of ARO liabilities valuation techniques

The following assumptions were used in determining the fair value of the ARO liabilities at March 28, 2020:

Credit adjusted risk-free interest rate	3.66%
Expected term (years)	4.5

PE and PEAR awards

Schedule of contingent consideration liability measured at fair value

The following table is a reconciliation for the PE and PEAR liability measured at fair value using Level 3 unobservable inputs (in thousands):

Balance at December 28, 2019	$	496
Awards related to acquired companies		-
Change due to vesting of awards granted		166
Change in fair value measurement of liability		(52)
Balance at March 28, 2020	$	610