Business Combinations (Tables)

9 Months Ended

Sep. 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 September 30, 2016
Net sales	$	7,096
Net earnings	$	256

Business Acquisition, Pro Forma Information

	Three Months Ended					Nine Months Ended
	September 30,		September 27,			September 30		September 27,
	2016		2015			2016		2015
Net sales	$	99,697	$	93,818		$	297,407	$	299,123
Net earnings	$	3,720	$	(4,014	)	$	25,969	$	22,301
Earnings per share:
Basic	$	0.11	$	(0.12	)	$	0.79	$	0.67
Diluted	$	0.11	$	(0.12	)	$	0.78	$	0.66

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	14.8