Note 3. Acquisition

6 Months Ended

Jul. 01, 2012

Business Combination Disclosure [Text Block]

3.  Acquisition

During the fourth quarter of 2011, the Company acquired the stock of Tradição Planejamento e Tecnologia de Serviços S.A. and Tradição Tecnologia e Serviços Ltda. (collectively, “Tradição”), a national service provider in Brazil, for $6.6 million in cash.  The following table summarizes the purchase price allocation at the time of purchase, along with measurement period adjustments recognized during the 26 weeks ended 2012.  The purchase price allocation is still preliminary, subject to further information relating to liabilities assumed.

	Original Allocation			Adjustments			Revised Allocation
	(In millions of dollars)
Current assets	$	6.3		$	-		$	6.3
Goodwill		22.9			1.2			24.1
Identified intangibles		5.3			0.4			5.7
Other noncurrent assets		0.7			-			0.7
Current liabilities		(14.4	)		(0.8	)		(15.2	)
Noncurrent liabilities		(14.2	)		(0.8	)		(15.0	)
Total purchase price	$	6.6		$	-		$	6.6

The acquisition adjustments relate to an increase in Tradição’s estimated identified intangibles balance, acquired contingency reserves and tax liabilities assumed.