Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2016
WinDoor [Member]  
Schedule of Fair Value of Assets and Liabilities Assumed

The estimated fair value of assets acquired and liabilities assumed as of the closing date, are as follows:

 

     Current
Estimate		  

Preliminary allocation:

   

Accounts and notes receivable

    $ 3,882  

Inventories

      6,778  

Prepaid expenses

      246  

Property and equipment

      5,029  

Intangible assets

      47,100  

Goodwill

      41,856  

Accounts payable and accrued liabilities

      (2,320 ) 
  

 

 

  

Purchase price

    $ 102,571  
  

 

 

  

Consideration:

   

Cash

    $ 99,571  

Contingent consideration

      3,000  
  

 

 

  

Total fair value of consideration

    $ 102,571  
  

 

 

  
Summary of Unaudited Proforma Results

The unaudited pro forma results below do not necessarily reflect the results of operations that would have resulted had the acquisition been completed at the beginning of the earliest periods presented, nor does it indicate the results of operations in future periods. The unaudited pro forma results do not include the impact of synergies, nor any potential impacts on current or future market conditions which could alter the following unaudited pro forma results.

 

     Year Ended  
     December 31,      January 2,  
Pro Forma Results (unaudited)    2016      2016  
(in thousands, except per share amounts)              

Net sales

    $ 461,011      $ 430,626  
  

 

 

     

 

 

  

Net income

    $ 22,402      $ 17,912  
  

 

 

     

 

 

  

Net income per common share:

      

Basic

    $ 0.46      $ 0.37  
  

 

 

     

 

 

  

Diluted

    $ 0.44      $ 0.36  
  

 

 

     

 

 

  
CGI [Member]  
Schedule of Fair Value of Assets and Liabilities Assumed

The final allocation of fair value of assets acquired and liabilities assumed are as follows:

 

     Final
Allocation		  

Accounts receivable

    $ 4,156  

Inventories

      3,229  

Prepaid expenses

      303  

Property, plant and equipment

      1,709  

Intangible assets

      45,300  

Other assets

      65  

Goodwill

      65,635  

Deferred income taxes

      (5,472 ) 

Accounts payable and accrued liabilities

      (4,136 ) 

Other liabilities

      (351 ) 
  

 

 

  

Purchase price

    $ 110,438  
  

 

 

  
Summary of Unaudited Proforma Results

The unaudited pro forma results below do not necessarily reflect the results of operations that would have resulted had the acquisition been completed at the beginning of our 2014 fiscal year, nor does it indicate the results of operations in future periods. The unaudited pro forma results do not include the impact of synergies, nor any potential impacts on current or future market conditions which could alter the following unaudited pro forma results.

 

     Year Ended  
Pro Forma Results (unaudited)    January 3,
2015		  
(in thousands, except per share amounts)       

Net sales

    $ 337,369  
  

 

 

  

Net income

    $ 15,209  
  

 

 

  

Net income per common share:

   

Basic

    $ 0.32  
  

 

 

  

Diluted

    $ 0.31