v3.23.1
ACQUISITIONS - Schedule of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Apr. 02, 2023
Mar. 27, 2022
Dec. 31, 2022
Consideration      
Cash, net of cash acquired $ 478 $ 131,597  
Assets Acquired      
Operating lease right-of-use assets 166,222   $ 163,674
Liabilities Assumed      
Goodwill 627,306   629,263
Goodwill tax-deductible $ 70,800    
Acquisition A      
Consideration      
Cash, net of cash acquired     132,557
Working capital holdback and other, net     0
Contingent consideration     0
Total consideration     132,557
Assets Acquired      
Trade receivables     20,640
Inventories     32,744
Prepaid expenses & other     1,325
Property, plant & equipment     4,681
Operating lease right-of-use assets     2,917
Liabilities Assumed      
Current portion of operating lease obligations     (512)
Accounts payable & accrued liabilities     (24,521)
Operating lease obligations     (2,405)
Deferred tax liabilities     (19,930)
Total fair value of net assets acquired     97,939
Goodwill     34,618
Total net assets acquired     132,557
Acquisition A | Trademarks      
Assets Acquired      
Identifiable intangible assets     17,000
Acquisition A | Customer relationships      
Assets Acquired      
Identifiable intangible assets     58,000
Acquisition A | Non-compete agreements      
Assets Acquired      
Identifiable intangible assets     500
Acquisition A | Patents      
Assets Acquired      
Identifiable intangible assets     7,500
Acquisition B      
Consideration      
Cash, net of cash acquired     95,571
Working capital holdback and other, net     (1,291)
Contingent consideration     0
Total consideration     94,280
Assets Acquired      
Trade receivables     4,917
Inventories     8,732
Prepaid expenses & other     164
Property, plant & equipment     6,026
Operating lease right-of-use assets     1,435
Liabilities Assumed      
Current portion of operating lease obligations     (289)
Accounts payable & accrued liabilities     (3,408)
Operating lease obligations     (1,146)
Deferred tax liabilities     (14,466)
Total fair value of net assets acquired     58,135
Goodwill     36,145
Total net assets acquired     94,280
Acquisition B | Trademarks      
Assets Acquired      
Identifiable intangible assets     7,910
Acquisition B | Customer relationships      
Assets Acquired      
Identifiable intangible assets     38,630
Acquisition B | Non-compete agreements      
Assets Acquired      
Identifiable intangible assets     230
Acquisition B | Patents      
Assets Acquired      
Identifiable intangible assets     9,400
All Others      
Consideration      
Cash, net of cash acquired     20,526
Working capital holdback and other, net     315
Contingent consideration     1,840
Total consideration     22,681
Assets Acquired      
Trade receivables     904
Inventories     2,353
Prepaid expenses & other     120
Property, plant & equipment     1,638
Operating lease right-of-use assets     599
Liabilities Assumed      
Current portion of operating lease obligations     (273)
Accounts payable & accrued liabilities     (1,255)
Operating lease obligations     (326)
Deferred tax liabilities     0
Total fair value of net assets acquired     12,275
Goodwill     10,406
Total net assets acquired     22,681
All Others | Trademarks      
Assets Acquired      
Identifiable intangible assets     1,220
All Others | Customer relationships      
Assets Acquired      
Identifiable intangible assets     7,045
All Others | Non-compete agreements      
Assets Acquired      
Identifiable intangible assets     250
All Others | Patents      
Assets Acquired      
Identifiable intangible assets     0
Acquired Entities      
Consideration      
Cash, net of cash acquired     248,655
Working capital holdback and other, net     (977)
Contingent consideration     1,840
Total consideration     249,518
Assets Acquired      
Trade receivables     26,461
Inventories     43,829
Prepaid expenses & other     1,609
Property, plant & equipment     12,345
Operating lease right-of-use assets     4,951
Liabilities Assumed      
Current portion of operating lease obligations     (1,074)
Accounts payable & accrued liabilities     (29,184)
Operating lease obligations     (3,877)
Deferred tax liabilities     (34,396)
Total fair value of net assets acquired     168,349
Goodwill     81,169
Total net assets acquired     249,518
Acquired Entities | Trademarks      
Assets Acquired      
Identifiable intangible assets     26,130
Acquired Entities | Customer relationships      
Assets Acquired      
Identifiable intangible assets     103,675
Acquired Entities | Non-compete agreements      
Assets Acquired      
Identifiable intangible assets     980
Acquired Entities | Patents      
Assets Acquired      
Identifiable intangible assets     $ 16,900