v3.22.2.2
ACQUISITIONS - Schedule of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ / shares in Units, $ in Thousands
9 Months Ended
Sep. 25, 2022
Sep. 26, 2021
Jun. 26, 2022
Dec. 31, 2021
Consideration        
Cash, net of cash acquired $ 152,888 $ 297,701    
Assets Acquired        
Operating lease right-of-use assets 164,725     $ 158,183
Liabilities Assumed        
Goodwill 597,625     $ 551,377
2022 Acquisitions        
Consideration        
Cash, net of cash acquired 152,235      
Working capital holdback and other, net 219      
Common stock issuance 0      
Contingent consideration 1,600      
Total consideration 154,054      
Assets Acquired        
Trade receivables 21,454      
Inventories 34,680      
Prepaid expenses & other 1,391      
Property, plant & equipment 6,731      
Operating lease right-of-use assets 3,516      
Identifiable intangible assets 88,240      
Liabilities Assumed        
Current portion of operating lease obligations (785)      
Accounts payable & accrued liabilities (25,383)      
Operating lease obligations (2,731)      
Deferred tax liabilities and other long-term liabilities (19,476)      
Total fair value of net assets acquired 107,637      
Goodwill 46,417      
Total net assets acquired 154,054      
2021 Acquisitions        
Consideration        
Cash, net of cash acquired 509,263      
Working capital holdback and other, net (190)      
Common stock issuance 10,211      
Contingent consideration 4,730      
Total consideration 524,014      
Assets Acquired        
Trade receivables 26,118      
Inventories 69,343      
Prepaid expenses & other 13,747      
Property, plant & equipment 55,101      
Operating lease right-of-use assets 25,530      
Identifiable intangible assets 245,794      
Liabilities Assumed        
Current portion of operating lease obligations (5,518)      
Accounts payable & accrued liabilities (32,326)      
Operating lease obligations (20,012)      
Deferred tax liabilities and other long-term liabilities (1,486)      
Total fair value of net assets acquired 376,291      
Goodwill 147,723      
Total net assets acquired $ 524,014      
Certain Acquisitions        
Liabilities Assumed        
Number of days of working capital 90 days      
One Acquisition In 2021        
Liabilities Assumed        
Common stock issued (in shares) 113,961      
Closing price (in dollars per share) $ 89.60      
Rockford Corporation        
Consideration        
Total consideration $ 132,600      
Assets Acquired        
Trade receivables 20,600      
Inventories 32,700      
Prepaid expenses & other 1,400      
Property, plant & equipment 5,300      
Operating lease right-of-use assets 2,900      
Identifiable intangible assets 79,900   $ 70,000  
Liabilities Assumed        
Accounts payable & accrued liabilities (24,300)      
Operating lease obligations (2,900)      
Deferred tax liabilities and other long-term liabilities (19,500)      
Goodwill 36,400      
Goodwill tax-deductible 36,400      
Tumacs Covers        
Liabilities Assumed        
Goodwill tax-deductible $ 6,200