Business Combinations (Tables)

3 Months Ended

Apr. 05, 2020

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition1 [Table Text Block]

The total purchase price for the acquisitions in fiscal year 2019 has been allocated to the estimated fair values of assets acquired and liabilities assumed as follows:

	Cisbio			Meizheng			Other
	(In thousands)
Fair value of business combination:
Cash payments	$	219,795		$	145,000		$	45,042
Other liability	—			6,446			638
Contingent consideration	—			12,100			634
Working capital and other adjustments	138			2,961			302
Less: cash acquired	(12,542		)	(2,108		)	(1,334		)
Total	$	207,391		$	164,399		$	45,282
Identifiable assets acquired and liabilities assumed:
Current assets	$	43,554		$	15,160		$	4,042
Property, plant and equipment	4,835			6,278			727
Other assets	100			32			481
Identifiable intangible assets:
Core technology	89,000			36,600			27,667
Trade names	5,000			4,900			1,310
Customer relationships	39,000			55,800			6,700
Goodwill	73,061			79,175			17,005
Deferred taxes	(34,606		)	(21,849		)	(6,657		)
Debt assumed	—			(706		)	(2,698		)
Liabilities assumed	(12,553		)	(10,991		)	(3,295		)
Total	$	207,391		$	164,399		$	45,282