Summary of Significant Accounting Policies: (Tables) - Hman Group holdings Inc and subsidiaries
|
3 Months Ended |
12 Months Ended |
Mar. 27, 2021 |
Dec. 26, 2020 |
| Schedule of property and equipment, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Estimated
|
|
|
|
|
|
|
|
|
|
Useful Life
|
|
|
|
|
|
|
|
|
|
(Years)
|
|
2020
|
|
2019
|
|
Leasehold improvements
|
|
life of lease
|
|
$
|
11,506
|
|
$
|
10,982
|
|
Machinery and equipment
|
|
2 – 10
|
|
|
334,643
|
|
|
308,096
|
|
Computer equipment and software
|
|
2 – 5
|
|
|
61,737
|
|
|
60,412
|
|
Furniture and fixtures
|
|
6 – 8
|
|
|
5,467
|
|
|
2,749
|
|
Construction in process
|
|
|
|
|
5,352
|
|
|
2,712
|
|
Property and equipment, gross
|
|
|
|
|
418,705
|
|
|
384,951
|
|
Less: Accumulated depreciation
|
|
|
|
|
236,031
|
|
|
179,791
|
|
Property and equipment, net
|
|
|
|
$
|
182,674
|
|
$
|
205,160
|
|
| Schedule of goodwill amounts by reportable segment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goodwill at
|
|
|
|
|
|
|
|
|
|
|
Goodwill at
|
|
|
|
December 26,
|
|
|
|
|
|
|
|
|
|
|
March 27,
|
|
|
|
2020
|
|
Acquisitions
|
|
Dispositions
|
|
Other(1)
|
|
2021
|
|
Hardware and Protective Solutions
|
|
$
|
565,578
|
|
$
|
—
|
|
$
|
—
|
|
$
|
(124)
|
|
$
|
565,454
|
|
Robotics and Digital Solutions
|
|
|
220,936
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
220,936
|
|
Canada
|
|
|
29,686
|
|
|
—
|
|
|
—
|
|
|
602
|
|
|
30,288
|
|
Total
|
|
$
|
816,200
|
|
$
|
—
|
|
$
|
—
|
|
$
|
478
|
|
$
|
816,678
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goodwill at
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 29,
|
|
|
|
|
|
|
|
|
|
|
Goodwill at
|
|
|
|
2019
|
|
|
|
|
|
|
|
|
|
|
December 26,
|
|
|
|
As Restated
|
|
Acquisitions
|
|
Disposals
|
|
Other(1)
|
|
2020
|
|
Hardware and Protective Solutions
|
|
$
|
565,780
|
|
$
|
—
|
|
$
|
—
|
|
$
|
(202)
|
|
$
|
565,578
|
|
Robotics and Digital Solutions
|
|
|
220,936
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
220,936
|
|
Canada
|
|
|
29,134
|
|
|
—
|
|
|
—
|
|
|
552
|
|
|
29,686
|
|
Total
|
|
$
|
815,850
|
|
$
|
—
|
|
$
|
—
|
|
$
|
350
|
|
$
|
816,200
|
|
(1)
|
|
The “Other” change to goodwill relates to adjustments resulting from fluctuations in foreign currency exchange rates for the Canada and Mexico reporting units.
|
|
| Schedule of other intangibles, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Estimated
|
|
|
|
|
|
|
|
|
|
Useful Life
|
|
December 26,
|
|
December 28,
|
|
|
|
(Years)
|
|
2020
|
|
2019
|
|
Customer relationships
|
|
13 – 20
|
|
$
|
941,648
|
|
$
|
941,305
|
|
Trademarks – Indefinite
|
|
Indefinite
|
|
|
85,603
|
|
|
85,517
|
|
Trademarks – Other
|
|
5 – 15
|
|
|
26,400
|
|
|
26,700
|
|
Technology and patents
|
|
7 – 12
|
|
|
63,749
|
|
|
60,968
|
|
Intangible assets, gross
|
|
|
|
|
1,117,400
|
|
|
1,114,490
|
|
Less: Accumulated amortization
|
|
|
|
|
291,434
|
|
|
232,060
|
|
Intangible assets, net
|
|
|
|
$
|
825,966
|
|
$
|
882,430
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of estimated annual amortization expense for intangible assets |
|
|
|
|
|
|
|
|
|
Amortization
|
|
Fiscal Year Ended
|
|
Expense
|
|
2021
|
|
$
|
59,608
|
|
2022
|
|
$
|
59,608
|
|
2023
|
|
$
|
59,608
|
|
2024
|
|
$
|
59,608
|
|
2025
|
|
$
|
58,858
|
|
| Schedule of disaggregates our revenue by product category |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Thirteen weeks ended March 27, 2021
|
|
|
|
Hardware and
|
|
Robotics and
|
|
|
|
|
|
|
|
|
|
Protective
|
|
Digital
|
|
|
|
|
Total
|
|
|
|
Solutions
|
|
Solutions
|
|
Canada
|
|
Revenue
|
|
Fastening and Hardware
|
|
$
|
166,602
|
|
$
|
—
|
|
$
|
34,091
|
|
$
|
200,693
|
|
Personal Protective
|
|
|
84,327
|
|
|
—
|
|
|
13
|
|
|
84,340
|
|
Keys and Key Accessories
|
|
|
—
|
|
|
42,094
|
|
|
361
|
|
|
42,455
|
|
Engraving
|
|
|
—
|
|
|
13,778
|
|
|
8
|
|
|
13,786
|
|
Resharp
|
|
|
—
|
|
|
7
|
|
|
—
|
|
|
7
|
|
Consolidated
|
|
$
|
250,929
|
|
$
|
55,879
|
|
$
|
34,473
|
|
$
|
341,281
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Thirteen weeks ended March 28, 2020
|
|
|
|
Hardware and
|
|
Robotics and
|
|
|
|
|
Total
|
|
|
|
Protective Solutions
|
|
Digital Solutions
|
|
Canada
|
|
Revenue
|
|
Fastening and Hardware
|
|
$
|
150,387
|
|
$
|
—
|
|
$
|
25,321
|
|
$
|
175,708
|
|
Personal Protective
|
|
|
62,789
|
|
|
—
|
|
|
—
|
|
|
62,789
|
|
Keys and Key Accessories
|
|
|
—
|
|
|
43,375
|
|
|
1,029
|
|
|
44,404
|
|
Engraving
|
|
|
—
|
|
|
12,923
|
|
|
2
|
|
|
12,925
|
|
Resharp
|
|
|
—
|
|
|
10
|
|
|
—
|
|
|
10
|
|
Consolidated
|
|
$
|
213,176
|
|
$
|
56,308
|
|
$
|
26,352
|
|
$
|
295,836
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hardware
|
|
Robotics
|
|
|
|
|
|
|
|
|
|
and
|
|
and
|
|
|
|
|
|
|
|
|
|
Protective
|
|
Digital
|
|
|
|
|
Total
|
|
|
|
Solutions
|
|
Solutions
|
|
Canada
|
|
Revenue
|
|
Year Ended December 26, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fastening and Hardware
|
|
$
|
706,865
|
|
$
|
—
|
|
$
|
131,493
|
|
$
|
838,358
|
|
Personal Protective
|
|
|
317,527
|
|
|
—
|
|
|
239
|
|
|
317,766
|
|
Keys and Key Accessories
|
|
|
—
|
|
|
157,828
|
|
|
2,878
|
|
|
160,706
|
|
Engraving
|
|
|
—
|
|
|
51,423
|
|
|
6
|
|
|
51,429
|
|
Resharp
|
|
|
—
|
|
|
36
|
|
|
—
|
|
|
36
|
|
Consolidated
|
|
$
|
1,024,392
|
|
$
|
209,287
|
|
$
|
134,616
|
|
$
|
1,368,295
|
|
Year Ended December 28, 2019
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fastening and Hardware
|
|
$
|
607,247
|
|
$
|
—
|
|
$
|
121,242
|
|
$
|
728,489
|
|
Personal Protective
|
|
|
245,769
|
|
|
—
|
|
|
—
|
|
|
245,769
|
|
Keys and Key Accessories
|
|
|
—
|
|
|
185,451
|
|
|
4,009
|
|
|
189,460
|
|
Engraving
|
|
|
—
|
|
|
50,613
|
|
|
9
|
|
|
50,622
|
|
Resharp
|
|
|
—
|
|
|
22
|
|
|
—
|
|
|
22
|
|
Consolidated
|
|
$
|
853,016
|
|
$
|
236,086
|
|
$
|
125,260
|
|
$
|
1,214,362
|
|
Year Ended December 29, 2018
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fastening and Hardware
|
|
$
|
581,269
|
|
$
|
—
|
|
$
|
137,186
|
|
$
|
718,455
|
|
Personal Protective
|
|
|
55,448
|
|
|
—
|
|
|
—
|
|
|
55,448
|
|
Keys and Key Accessories
|
|
|
—
|
|
|
143,898
|
|
|
4,217
|
|
|
148,115
|
|
Engraving
|
|
|
—
|
|
|
52,145
|
|
|
12
|
|
|
52,157
|
|
Resharp
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
Consolidated
|
|
$
|
636,717
|
|
$
|
196,043
|
|
$
|
141,415
|
|
$
|
974,175
|
|
| Schedule of disaggregates our revenue by geographic location |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Thirteen weeks ended March 27, 2021
|
|
|
|
Hardware and
|
|
Robotics and
|
|
|
|
|
Total
|
|
|
|
Protective Solutions
|
|
Digital Solutions
|
|
Canada
|
|
Revenue
|
|
United States
|
|
$
|
246,797
|
|
$
|
55,300
|
|
$
|
—
|
|
$
|
302,097
|
|
Canada
|
|
|
1,229
|
|
|
579
|
|
|
34,473
|
|
|
36,281
|
|
Mexico
|
|
|
2,903
|
|
|
—
|
|
|
—
|
|
|
2,903
|
|
Consolidated
|
|
$
|
250,929
|
|
$
|
55,879
|
|
$
|
34,473
|
|
$
|
341,281
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Thirteen weeks ended March 28, 2020
|
|
|
|
Hardware and
|
|
Robotics and
|
|
|
|
|
Total
|
|
|
|
Protective Solutions
|
|
Digital Solutions
|
|
Canada
|
|
Revenue
|
|
United States
|
|
$
|
209,677
|
|
$
|
55,843
|
|
$
|
—
|
|
$
|
265,520
|
|
Canada
|
|
|
1,264
|
|
|
465
|
|
|
26,352
|
|
|
28,081
|
|
Mexico
|
|
|
2,235
|
|
|
—
|
|
|
—
|
|
|
2,235
|
|
Consolidated
|
|
$
|
213,176
|
|
$
|
56,308
|
|
$
|
26,352
|
|
$
|
295,836
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hardware
|
|
Robotics
|
|
|
|
|
|
|
|
|
|
and
|
|
and
|
|
|
|
|
|
|
|
|
|
Protective
|
|
Digital
|
|
|
|
|
Total
|
|
|
|
Solutions
|
|
Solutions
|
|
Canada
|
|
Revenue
|
|
Year Ended December 26, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States
|
|
$
|
1,007,135
|
|
$
|
207,283
|
|
$
|
—
|
|
$
|
1,214,418
|
|
Canada
|
|
|
7,789
|
|
|
2,004
|
|
|
134,616
|
|
|
144,409
|
|
Mexico
|
|
|
9,468
|
|
|
—
|
|
|
—
|
|
|
9,468
|
|
Consolidated
|
|
$
|
1,024,392
|
|
$
|
209,287
|
|
$
|
134,616
|
|
$
|
1,368,295
|
|
Year Ended December 28, 2019
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States
|
|
$
|
835,957
|
|
$
|
234,216
|
|
$
|
—
|
|
$
|
1,070,173
|
|
Canada
|
|
|
5,905
|
|
|
1,870
|
|
|
125,260
|
|
|
133,035
|
|
Mexico
|
|
|
11,154
|
|
|
—
|
|
|
—
|
|
|
11,154
|
|
Consolidated
|
|
$
|
853,016
|
|
$
|
236,086
|
|
$
|
125,260
|
|
$
|
1,214,362
|
|
Year Ended December 29, 2018
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States
|
|
$
|
626,490
|
|
$
|
195,538
|
|
$
|
—
|
|
$
|
822,028
|
|
Canada
|
|
|
1,944
|
|
|
505
|
|
|
141,415
|
|
|
143,864
|
|
Mexico
|
|
|
8,283
|
|
|
—
|
|
|
—
|
|
|
8,283
|
|
Consolidated
|
|
$
|
636,717
|
|
$
|
196,043
|
|
$
|
141,415
|
|
$
|
974,175
|
|