BUSINESS ACQUISITION AND DIVESTITURES (Tables)

6 Months Ended

Jun. 28, 2020

ONE Brands, LLC

Business Acquisition [Line Items]

Schedule of Purchase Consideration Allocation to Assets Acquired and Liabilities Assumed

The purchase consideration was allocated to assets acquired and liabilities assumed based on their respective fair values as follows:

	Initial Allocation (1)		Adjustments		Final Allocation
Goodwill	$	179,240	$	825	$	180,065
Other intangible assets	206,800		—		206,800
Other assets acquired, primarily current assets	25,926		(491)		25,435
Other liabilities assumed, primarily current liabilities	(9,806)		(334)		(10,140)
Net assets acquired	$	402,160	$	—	$	402,160

(1)As reported in the Company's 2019 Annual Report on Form 10-K.