v3.25.1
Acquisitions (Tables)
3 Months Ended
Mar. 29, 2025
Business Combinations [Abstract]  
Summary of purchase price allocation

(in thousands)

    

August 2, 2024

Total consideration

$

71,516

Allocation:

 

  

Cash

 

2,084

Trade receivables

 

7,020

Inventories

 

4,293

Prepaid expenses and other current assets

 

53

Property and equipment

 

344

Intangible assets

 

38,220

Deferred tax assets

 

43

Total assets acquired, excluding goodwill

 

52,057

Accounts payable

 

131

Accrued expenses and other current liabilities

 

2,457

Total liabilities assumed

 

2,588

Total fair value of net assets acquired, excluding goodwill

 

49,469

Goodwill

$

22,047

Schedule of purchase price to specific intangible asset categories

Fair Value

Amortization

Definite-lived intangible assets:

    

(in thousands)

    

Period (in years)

Dealer relationships

$

37,800

 

13

Order backlog

 

420

 

1

Schedule of pro forma financial information

Fiscal Quarter Ended

March 29,

March 30,

(in thousands)

    

2025

    

2024

Net sales

$

111,420

$

111,584

Net loss

(6,270)

(6,428)