ACQUISITIONS (Tables)

3 Months Ended

Mar. 29, 2020

Schedule of assets acquired and liabilities assumed

The following table summarizes the fair values of the assets acquired and the liabilities assumed as of the date of acquisition for the 2020 Acquisitions and the 2019 Acquisitions:



(thousands)	Trade receivables		Inventories		Property, plant and equipment		Prepaid expenses & other		Intangible assets		Goodwill		Less: Total liabilities		Less: Deferred tax liability, net		Total net assets acquired

2020	$	986	$	1,882	$	7,913	$	—	$	9,220	$	5,787	$	851	$	—	$	24,937

2019⁽¹⁾	$	9,711	$	6,837	$	5,380	$	20	$	17,766	$	24,869	$	6,409	$	1,922	$	56,252

(1) Total net assets acquired for the 2019 Acquisitions reflect the preliminary estimated liability of $2.6 million pertaining to the fair value of contingent consideration based on future performance relating to the acquisition of G.G. Schmitt.

Schedule of pro forma information

The pro forma information includes financing and interest expense charges based on incremental borrowings incurred in connection with each transaction. In addition, the pro forma information includes amortization expense, in the aggregate, related to intangible assets acquired in connection with the transactions of $0.2 million and $0.6 million for the first quarter ended March 29, 2020 and the first quarter ended March 31, 2019, respectively.



	First Quarter Ended
(thousands except per share data)	March 29, 2020		March 31, 2019
Revenue	$	594,586	$	631,265
Net income	21,763		22,338
Basic net income per common share	0.95		0.97
Diluted net income per common share	0.94		0.96