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Acquisition (Tables)
3 Months Ended
Mar. 30, 2019
Business Combinations [Abstract]  
Summary of Preliminary Purchase Price Allocation

The following table presents the preliminary purchase price allocation as of November 15, 2018. Since the acquisition date, no measurement period adjustments have yet been recorded; accordingly, such adjustments as of March 30, 2019 have been omitted from the table (in thousands):

 

 

Preliminary Allocation

November 15, 2018

 

Cash and cash equivalents

$

1,414

 

Accounts receivable, net

 

4,156

 

Inventories

 

4,563

 

Prepaid and other current assets

 

104

 

Property and equipment

 

145

 

Accounts payable

 

(702

)

Accrued liabilities

 

(760

)

Deferred revenue

 

(197

)

Deferred tax liabilities

 

(5,408

)

Total assets acquired/liabilities assumed

 

3,315

 

Developed technology

 

15,500

 

In-process research and development

 

1,400

 

Customer relationships

 

4,600

 

Order backlog

 

500

 

Trade name

 

1,500

 

Total identified intangible assets

 

23,500

 

Total identifiable net assets

 

26,815

 

Goodwill

 

15,762

 

    Total purchase consideration

$

42,577