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Business Acquisitions (Tables)
3 Months Ended
Mar. 31, 2021
Business Combinations [Abstract]  
Summary of Consideration Paid and Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the consideration paid and the fair values of the assets acquired, and the liabilities assumed as of the date of acquisition of SSI:

 

 

 

Consideration

Paid

 

Cash paid, net of cash acquired of $470

 

$

8,309

 

Contingent consideration

 

 

2,000

 

Purchase price

 

$

10,309

 

 

 

 

Fair Values at

December 30, 2020

 

Current assets

 

$

2,550

 

Property, plant and equipment

 

 

67

 

Other assets

 

 

12

 

Goodwill

 

 

3,412

 

Intangible assets

 

 

5,340

 

Fair value of assets acquired

 

 

11,381

 

Less fair value of liabilities acquired

 

 

(1,072

)

Purchase price

 

$

10,309

 

Summary of Carrying Amounts and Weighted Average Lives of Acquired Intangible Assets

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

 

 

 

Carrying

Value

 

 

Weighted

Average

Amortization

Period

 

Customer lists/relationships

 

$

5,200

 

 

 

11.0

 

Technology and other intangibles

 

 

140

 

 

 

3.0

 

Total

 

$

5,340