Business Combinations (Tables)

6 Months Ended

Jun. 30, 2016

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the fair values of the assets acquired and the liabilities assumed at the date of acquisition:

	Fair Values at March 11, 2016
Current assets	$	4,215
Property, plant and equipment	6,173
Other assets	37
Goodwill	27,879
Intangible assets	35,427
Fair value of assets acquired	73,731
Less fair value of liabilities acquired	(668		)
Net cash paid	$	73,063

The amount of net sales and net loss from CTG-AM since the acquisition date that have been included in the Condensed Consolidated Statement of Earnings are as follows:

	For the period March 11, 2016 through June 30, 2016
Net sales	$	3,876
Net loss	$	111

Business Acquisition, Pro Forma Information

	Three Months Ended				Six Months Ended
	June 30,		June 28,		June 30,		June 28,
	2016		2015		2016		2015
Net sales	$	98,693	$	103,689	$	197,710	$	205,290
Net earnings	$	14,487	$	19,640	$	22,249	$	26,298
Earnings per share:
Basic	$	0.44	$	0.59	$	0.68	$	0.79
Diluted	$	0.44	$	0.59	$	0.67	$	0.78

Schedule of Finite-Lived Intangible Assets Acquired

The following table summarizes the carrying amounts and weighted average lives of the acquired intangible assets:

Intangible Asset Type	Fair Value		Weighted Average Amortization Period (in years)
Developed Technology	$	23,730	15.0
Customer Relationships and Contracts	11,502		14.6
Other	195		0.8
Total	$	35,427