Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

v3.20.4
Acquisitions (Tables)
 12 Months Ended
Dec. 26, 2020
Business Combinations [Abstract]  
Schedule of Acquired Assets and Assumed Liabilities
The following table reconciles the fair value of the acquired assets and assumed liabilities to the finalized total purchase price of the MinuteKey acquisition:
Cash $ 1,791 
Inventory 3,952 
Other current assets 766 
Property and equipment 29,888 
Goodwill (1)
58,077 
Customer relationships 50,000 
Developed technology 19,000 
Trade names 5,400 
Other non-current assets 16 
Total assets acquired 168,890 
Less:
Liabilities assumed (1)
(12,601)
Total purchase price $ 156,289 
The following table reconciles the fair value of the acquired assets and assumed liabilities to the finalized total purchase price of the Big Time acquisition:
Cash $ 2,507 
Accounts receivable 40,828 
Inventory 40,216 
Other current assets 1,623 
Property and equipment 3,703 
Goodwill (1)
128,796 
Customer Relationships 189,000 
Trade names 21,000 
Other non-current assets 159 
Total assets acquired 427,832 
Less:
Liabilities assumed (1)
(78,998)
Total purchase price $ 348,834 
The following table reconciles the fair value of the acquired assets and assumed liabilities to the finalized total purchase price of the Resharp acquisition:
Property and equipment 218 
Goodwill 9,382 
Technology 11,500 
Total assets acquired 21,100 
Less:
Contingent consideration payable (18,100)
Net cash paid $ 3,000 
Summary of Pro Forma Information
The following table provides unaudited pro forma results of the combined entities of Hillman and Big Time, had the acquisition occurred at the beginning of fiscal 2018:
(Unaudited)
Fiscal Year-ended
2018
Net revenues $ 1,139,562 
Net earnings (loss) $ (74,976)