Business Combination (Tables)

12 Months Ended

Jan. 01, 2022

Business Acquisition [Line Items]

Allocation of the Intangible Assets

The allocation of the intangible assets subject to amortization is as follows:

	Estimated	Weighted Average
	Fair Value	Useful Life (years)
Developed technology	$260,500	6.6
In-process research and development	46,600	indefinite
Customer relationships	53,000	13.1
Backlog	6,700	1.1
Trademarks and trade names	8,100	7.5
Total intangible assets	$374,900

Inspectrology, LLC [Member]

Business Acquisition [Line Items]

Summary of Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair value of assets acquired and liabilities assumed at the date of acquisition:

Cash and cash equivalents	$	220
Account receivables		4,071
Inventories		2,587
Prepaid expenses and other current assets		104
Property, plant and equipment		86
Identifiable intangible assets		10,290
Total assets acquired		17,358
Accounts payable		(1,048	)
Payroll and related expenses		(512	)
Deferred revenue		(386	)
Other current liabilities		(576	)
Net assets acquired		14,836
Goodwill		9,179
Total purchase consideration	$	24,015

Rudolph Technologies, Inc. [Member]

Business Acquisition [Line Items]

Summary of Fair Values of Assets Acquired and Liabilities Assumed

During the quarter ended December 26, 2020, the Company finalized its fair value determination of the assets acquired and the liabilities assumed.  The following table summarizes the final allocation of the total purchase consideration to the fair values of the assets acquired and liabilities assumed at the merger date.

Cash and cash equivalents	$43,882
Marketable securities	94,389
Account receivables	49,917
Inventories	98,478
Prepaid expenses and other current assets	6,659
Property, plant and equipment	77,451
Operating lease right-of-use assets	9,658
Identifiable intangible assets	374,900
Deferred income taxes	2,191
Other assets	850
Total assets acquired	758,375
Accounts payable	(23,361)
Payroll and related expenses	(20,290)
Deferred revenue	(5,931)
Other current liabilities	(10,679)
Income taxes payable	(2,007)
Other non-current liabilities	(90,113)
Net assets acquired	605,994
Goodwill	284,137
Total purchase consideration	$890,131