Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

v2.4.0.6
Acquisitions (Tables)
 12 Months Ended
Dec. 29, 2012
Acquisitions [Abstract]  
Summary of consideration paid and assets acquired and liabilities assumed

The following table summarizes the consideration paid for HCT and the amounts of the assets acquired and liabilities assumed, recognized at the acquisition date.

 

         
At September 27, 2011      
   

Consideration

        

Cash

   $ 1,894  

Stock

     12  
   

 

 

  

Fair value of total consideration transferred

   $ 1,906  
   

Fair value of Sun’s equity interest in HCT held before the business combination

     1,472  
   

 

 

  

Total

   $ 3,378  
   

Acquisition-related costs (included in Selling, engineering, and administrative expenses)

     40  
   

Recognized amounts of identifiable assets acquired and liabilities assumed

        

Cash

   $ 130  

Accounts receivable

     570  

Inventory

     444  

Property, plant, and equipment

     317  

Identifiable intangible assets

     2,658  

Other assets

     210  

Accounts payable and accrued expenses

     (748 ) 

Notes payable

     (2,123 ) 

Other liabilities

     (56 ) 
   

 

 

  

Total identifiable net assets

   $ 1,402  

Goodwill

     1,976  
   

 

 

  

Total

   $ 3,378  
Schedule of revenue and earnings of combined entity

The revenue and earnings for HCT included in Sun’s Consolidated Statement of Operations for the year ended December 29, 2012, and the revenue and earnings of the combined entities had the acquisition date been January 2, 2011, are included in the table below.

 

                 
    Revenue     Earnings  
    (unaudited)     (unaudited)  

Actual from 01/01/2012 - 12/29/2012

   $ 3,791     $ (534 ) 
     

Supplemental pro forma from 01/02/2011 to 12/31/2011

   $ 206,968     $ 37,534