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Acquisitions (Tables)
9 Months Ended
Sep. 28, 2014
Business Combinations [Abstract]  
Summary of Fair Values of Acquired Assets and Assumed Liabilities as of Acquisition Date

The fair values of acquired assets and assumed liabilities as of the acquisition date are summarized as follows:

 

In Thousands

   Fair Value  

Cash

   $ 46   

Inventories

     1,361   

Prepaid expense and other current assets

     252   

Property, plant and equipment

     8,495   

Other assets

     10   

Goodwill

     1,245   

Other identifiable intangible assets

     13,800   
  

 

 

 

Total acquired assets

   $ 25,209   
  

 

 

 

Current liabilities (acquisition related contingent consideration)

   $ 1,005   

Other liabilities (acquisition related contingent consideration)

     11,995   
  

 

 

 

Total assumed liabilities

   $ 13,000   
  

 

 

 

Summary of Preliminary Purchase Price Allocation to Identifiable Intangible Assets

The fair value of the preliminary purchase price allocation to the identifiable intangible assets is as follows:

 


In Thousands

   Fair Value      Estimated
Useful Life
 

Distribution agreements

   $ 13,200         40 years   

Customer lists

     600         12 years   
  

 

 

    

Total

   $ 13,800