Acquisitions (Tables)

6 Months Ended

Jul. 03, 2022

Business Combinations [Abstract]

Business Combination, Schedule of Purchase Price

The total consideration is as follows (in millions of dollars):

Cash consideration paid	$	85.7
Additional consideration payable	1.1
Total consideration	$	86.8

The total consideration is as follows (in millions of dollars):

Cash consideration paid	$	61.8
Additional consideration payable	1.1
Contingent consideration	0.6
Total consideration	$	63.5

The total consideration is as follows (in millions of dollars):

Cash consideration paid	$	220.4
Additional consideration payable	2.6
Net working capital adjustment	(6.0)
Total consideration	$	217.0

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the date of the acquisition (in millions of dollars):

Cash	$	0.9
Trade accounts receivable	10.0
Prepaid expenses and other current assets	1.6
Net property and equipment	0.4
Goodwill	36.3
Intangibles	40.3
Accounts payable and accrued liabilities, current	(2.6)
Accrued payroll and related taxes, current	(0.1)
Total consideration, including working capital adjustments	$	86.8

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the date of the acquisition (in millions of dollars):

Cash	$	3.5
Trade accounts receivable	6.9
Prepaid expenses and other current assets	1.8
Net property and equipment	0.1
Goodwill	41.0
Intangibles	15.8
Accounts payable and accrued liabilities, current	(2.9)
Accrued payroll and related taxes, current	(1.5)
Other long-term liabilities	(1.2)
Total consideration, including working capital adjustments	$	63.5