Acquisitions and Purchase Accounting (Tables)

6 Months Ended

Jun. 29, 2013

Distributors [Member]

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 dates to estimate the fair value of assets acquired and liabilities assumed (in thousands): 

	(as initially reported) June 29, 2013
Current assets	$	21,390
Property, plant and equipment	1,318
Goodwill	1,709
Current liabilities	(804		)
Net assets acquired and liabilities assumed	$	23,613
Forgiveness of liabilities owed to Viking	(8,697		)
Consideration paid at closing	$	14,916

Danfotech

Schedule of Business Acquisitions, by Acquisition

	(as initially reported) Jul 5, 2011			Measurement Period Adjustments			(as adjusted) Jul 5, 2011
Cash	$	165		$	—		$	165
Deferred tax asset	—			235			235
Current assets	1,073			(370		)	703
Property, plant and equipment	102			(55		)	47
Goodwill	3,423			2,255			5,678
Other intangibles	1,864			(778		)	1,086
Other assets	4			—			4
Current liabilities	(309		)	(807		)	(1,116		)
Long-term deferred tax liability	(46		)	(91		)	(137		)
Other non-current liabilities	—			(750		)	(750		)
Consideration paid at closing	$	6,276		$	(361	)	$	5,915
Additional assets acquired post closing	—			730			730
Contingent consideration	1,500			—			1,500
Net assets acquired and liabilities assumed	$	7,776		$	369		$	8,145

Maurer

Schedule of Business Acquisitions, by Acquisition

	(as initially reported) Jul 22, 2011			Measurement Period Adjustments			(as adjusted) Jul 22, 2011
Current assets	$	1,673		$	(668	)	$	1,005
Property, plant and equipment	628			—			628
Goodwill	870			350			1,220
Other intangibles	922			—			922
Current liabilities	(246		)	(265		)	(511		)
Net assets acquired and liabilities assumed	$	3,847		$	(583	)	$	3,264

Auto-Bake

Schedule of Business Acquisitions, by Acquisition

	(as initially reported) Aug 1, 2011			Measurement Period Adjustments			(as adjusted) Aug 1, 2011
Cash	$	110		$	—		$	110
Current assets	3,209			47			3,256
Property, plant and equipment	477			—			477
Goodwill	16,259			1,865			18,124
Other intangibles	6,784			(2,726		)	4,058
Other assets	336			(11		)	325
Current liabilities	(2,506		)	8			(2,498		)
Long-term deferred tax liability	(2,035		)	817			(1,218		)
Net assets acquired and liabilities assumed	$	22,634		$	—		$	22,634

Drake

Schedule of Business Acquisitions, by Acquisition

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

	(as initially reported) Dec 2, 2011			Measurement Period Adjustments			(as adjusted) Dec 2, 2011
Cash	$	427		$	—		$	427
Deferred tax asset	390			56			446
Current assets	4,245			(213		)	4,032
Property, plant and equipment	1,773			—			1,773
Goodwill	15,237			474			15,711
Other intangibles	5,810			—			5,810
Other assets	9			—			9
Current liabilities	(3,334		)	54			(3,280		)
Long-term deferred tax liability	(2,395		)	32			(2,363		)
Net assets acquired and liabilities assumed	$	22,162		$	403		$	22,565

Armor Inox

Schedule of Business Acquisitions, by Acquisition

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

	(as initially reported) Dec 21, 2011			Measurement Period Adjustments			(as adjusted) Dec 21, 2011
Cash	$	18,201		$	—		$	18,201
Current assets	14,612			(958		)	13,654
Property, plant and equipment	941			630			1,571
Goodwill	23,789			2,346			26,135
Other intangibles	12,155			(2,735		)	9,420
Other assets	25			—			25
Current liabilities	(18,440		)	(186		)	(18,626		)
Long-term deferred tax liability	(3,975		)	903			(3,072		)
Other non-current liabilities	(450		)	—			(450		)
Net assets acquired and liabilities assumed	$	46,858		$	—		$	46,858

Baker

Schedule of Business Acquisitions, by Acquisition

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

	(as initially reported) Mar 14, 2012			Measurement Period Adjustments			(as adjusted) Mar 14, 2012
Current assets	$	4,617		$	(2,236	)	$	2,381
Property, plant and equipment	221			—			221
Goodwill	5,797			1,481			7,278
Other intangibles	—			750			750
Current liabilities	(385		)	5			(380		)
Net assets acquired and liabilities assumed	$	10,250		$	—		$	10,250