Note 3 - Acquisition of Businesses (Tables)

3 Months Ended

Apr. 02, 2016

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Total purchase consideration:
Cash	$	280,000
Consideration payable upon certain Chinese regulatory approvals		70,000
Total purchase consideration	$	350,000
Preliminary allocation of consideration to assets acquired and liabilities assumed:
Cash	$	16,958
Current assets, net		56,992
Property, plant and equipment		63,903
Patented and unpatented technologies		56,137
Customer relationships		53,194
Goodwill		120,208
Other long-term assets		19,555
Current liabilities		(35,291	)
Other non-current liabilities		(1,656	)
	$	350,000

Sigmar preliminary purchase price allocation (in thousands):
Cash	$	230
Current assets, net		4,011
Property, plant and equipment		1,097
Goodwill		2,271
Patents		2,845
Current liabilities		(1,478	)
Other non-current liabilities		(2,568	)
	$	6,408

Business Acquisition, Pro Forma Information [Table Text Block]

	For the Three Months Ended
(in thousands, except per share amounts)	April 2, 2016		March 28, 2015
Net sales	$	253,608	$	256,133
Income before income taxes		31,432		22,420
Net income		24,424		18,560
Net income per share — basic		1.09		0.82
Net income per share — diluted		1.08		0.81