ACQUISITIONS (Tables)

6 Months Ended

Jun. 28, 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	$	962	$	1,883	$	7,913	$	17	$	9,220	$	6,008	$	1,005	$	—	$	24,998

2019⁽¹⁾	$	9,711	$	6,012	$	5,380	$	104	$	17,765	$	25,205	$	6,512	$	1,922	$	55,743

(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 for the six months ended June 28, 2020 and $0.6 million and $1.2 million for the second quarter and six months ended June 30, 2019, respectively.



	Second Quarter Ended				Six Months Ended
(thousands except per share data)	June 28, 2020		June 30, 2019		June 28, 2020		June 30, 2019
Revenue	$	424,045	$	636,454	$	1,018,631	$	1,267,907
Net income	714		28,949		22,480		51,140
Basic net income per common share	0.03		1.25		0.98		2.22
Diluted net income per common share	0.03		1.24		0.97		2.20