Acquisitions and Purchase Accounting (Tables)

6 Months Ended

Jul. 01, 2017

Business Acquisition [Line Items]

Business Acquisition, Pro Forma Information [Table Text Block]

The following pro forma results include adjustments to reflect additional interest expense to fund the acquisitions, amortization of intangibles associated with the acquisitions, and the effects of adjustments made to the carrying value of certain assets (in thousands, except per share data):

	Six Months Ended
	July 1, 2017		July 2, 2016
Net sales	$	1,153,875	$	1,212,108
Net earnings	150,513		133,583
Net earnings per share:
Basic	2.63		2.34
Diluted	2.63		2.34

Follett [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition

The final allocation of cash paid for the Follett acquisition is summarized as follows (in thousands):

	(as initially reported) May 31, 2016			Measurement Period Adjustments			(as adjusted) May 31, 2016
Cash	$	22,620		$	2,888		$	25,508
Current assets	41,602			(2,249		)	39,353
Property, plant and equipment	19,868			8,598			28,466
Goodwill	76,220			(35,656		)	40,564
Other intangibles	82,450			41,810			124,260
Other assets	1,358			170			1,528
Current liabilities	(11,779		)	(10,801		)	(22,580		)
Other non-current liabilities	(616		)	(4,064		)	(4,680		)
Net assets acquired and liabilities assumed	$	231,723		$	696		$	232,419

Emico [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition

The final allocation of cash paid for the Emico acquisition is summarized as follows (in thousands):

	(as initially reported) May 20, 2016			Measurement Period Adjustments			(as adjusted) May 20, 2016
Current assets	$	746		(65		)	681
Goodwill	1,816			183			1,999
Current liabilities	(934		)	(62		)	(996		)
Other non-current liabilities	(628		)	(56		)	(684		)
Consideration paid at closing	$	1,000		$	—		$	1,000
Deferred payments	1,559			118			1,677
Net assets acquired and liabilities assumed	$	2,559		$	118		$	2,677

Burford [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition

The following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands):

	(as initially reported) May 1, 2017
Cash	$	2,514
Current assets	8,594
Property, plant and equipment	656
Goodwill	7,289
Other intangibles	4,900
Current liabilities	(4,424		)
Long term deferred tax liability	(1,840		)
Net assets acquired and liabilities assumed	$	17,689

CVP [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition

The following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands):

	(as initially reported) June 30, 2017
Cash	$	621
Current assets	5,973
Property, plant and equipment	238
Goodwill	20,297
Other intangibles	8,700
Current liabilities	(1,532		)
Long term deferred tax liability	(3,168		)
Net assets acquired and liabilities assumed	$	31,129

Sveba Dahlen [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition

The following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands):

	(as initially reported) June 30, 2017
Cash	$	4,569
Current assets	22,686
Property, plant and equipment	9,128
Other assets	1,170
Goodwill	33,785
Other intangibles	34,175
Current liabilities	(11,782		)
Long term deferred tax liability	(7,751		)
Other non-current liabilities	(42		)
Net assets acquired and liabilities assumed	$	85,938