Acquisitions (Tables)

6 Months Ended

Jul. 02, 2016

Business Combinations [Abstract]

Schedule of Business Acquisitions

The following table summarizes the acquisition-date fair value of the consideration transferred for the Acquisitions and the estimated fair value of the consideration transferred to assets acquired and liabilities assumed as of the date of the Acquisitions, and the final allocation of the aggregate purchase price of the IVC Group and the KAI Group acquisitions to the estimated fair values of the tangible and identifiable intangible assets acquired and liabilities assumed (in thousands):

Fair value of assets, net of cash acquired	$	1,382,356
Noncontrolling interests in assets acquired	(24,160		)
Assumed indebtedness	(17,146		)
Consideration transferred	$	1,341,050
Working capital	140,606
Property, plant and equipment	363,570
Tradenames	48,563
Customer relationships	224,326
Goodwill	740,140
Other long-term assets	50,236
Long-term debt, including current portion	(17,146		)
Other long-term liabilities	(57,832		)
Deferred tax liability	(127,253		)
Noncontrolling interest	(24,160		)
Consideration transferred	$	1,341,050