v3.25.1
Acquisitions (Tables)
3 Months Ended
Mar. 29, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the final fair value of the assets acquired and the liabilities assumed in the Gelnex Acquisition as of March 31, 2023 (in thousands):

Accounts receivable$81,025 
Inventories140,865 
Other current assets3,143 
Property, plant and equipment169,205 
Identifiable intangible assets339,500 
Goodwill542,572 
Operating lease right-of-use assets134 
Other assets2,703 
Deferred tax asset9,067 
Accounts payable(15,059)
Current operating lease liabilities(26)
Current portion of long-term debt(44,692)
Accrued expenses(18,826)
Long-term debt, net of current portion(1,407)
Long-term operating lease liabilities(123)
Deferred tax liability(12,870)
Other noncurrent liabilities(19)
Purchase price, net of cash acquired$1,195,192 
Less hold-back104,145 
Cash paid for acquisition, net of cash acquired$1,091,047