Hillman Solutions Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Acquisitions Acquisition (Tables)

Acquisitions Acquisition (Tables)

3 Months Ended

Mar. 30, 2019

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

The following table reconciles the preliminary estimated fair value of the acquired assets and assumed liabilities (net of purchase price accounting adjustments) to the total purchase price of the MinuteKey acquisition:



Cash	$	1,791
Inventory	3,952
Other current assets	766
Property and equipment	29,888
Goodwill	58,604
Customer relationships	50,000
Technology	19,000
Trade names	5,400
Other non-current assets	16
Total assets acquired	169,417
Less:
Liabilities assumed	(13,128		)
Total purchase price	$	156,289

Big Time Products [Member]

Business Acquisition [Line Items]

Business Acquisition, Pro Forma Information [Table Text Block]

The following table provides unaudited pro forma results of the combined entities of Hillman and Big Time Products, had the acquisition occurred at the beginning of fiscal 2018:



	(Unaudited) Fiscal Period Ended
	Thirteen Weeks Ended March 30, 2019		Thirteen Weeks Ended March 31, 2018
Net revenues	287,659		260,807
Net income (loss)	(35,268	)	(13,322	)

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

The following table reconciles the preliminary fair value of the acquired assets and assumed liabilities (net of purchase price accounting adjustments) to the total purchase price of the Big Time acquisition:



Cash	$	2,507
Accounts receivable	41,237
Inventory	42,303
Other current assets	1,648
Property and equipment	3,703
Goodwill	127,183
Customer relationships	189,000
Trade names	21,000
Other non-current assets	159
Total assets acquired	428,740
Less:
Liabilities assumed	(79,906		)
Total purchase price	$	348,834