Acquisitions (Tables)
12 Months Ended
Dec. 27, 2014
Business Combinations [Abstract]  
Schedule of Supplemental Pro Forma Information of Acquisitions

Pro Forma Financial Information (unaudited)— The following unaudited supplemental pro forma information presents the financial results as if the 2014, 2013 and 2012 acquisitions occurred on the first day of fiscal year 2013, 2012 and 2011, respectively. This supplemental pro forma information has been prepared for comparative purposes and does not purport to be indicative of what would have occurred had the acquisitions been made on the first day of the preceding fiscal year, nor is it indicative of any future results. The pro forma effect on revenue in the year ended December 28, 2013 was $305.7 million and $8.6 million from 2014 and 2013 acquisitions, respectively, and was $33.7 million and ($3.4) million, respectively, on net loss. The pro forma effect on revenue in the year ended December 29, 2012 was $82.4 million and $13.8 million from 2013 and 2012 acquisitions, respectively, and was $4.7 million and ($0.5) million, respectively, on net loss.

 

     Year Ended  
     December 27, 2014      December 28, 2013      December 29, 2012  

Revenue

   $ 1,326,861       $ 1,230,491       $ 1,022,535   

Net income (loss)

     8,181         (104,705      (46,405
Summary of Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes aggregated information regarding the fair values of the assets acquired and liabilities assumed as of the respective acquisition dates in 2014, 2013 and 2012:

 

     Alleyton
January 17, 2014
     Year Ended
December 27, 2014
(excluding Alleyton)
     Year Ended
December 28,
2013
     Year Ended
December 29,
2012
 

Financial assets

   $ 15,489      $ 22,101      $ 8,302      $ 1,397  

Inventories

     2,548        8,249        3,954        6,988  

Property, plant and equipment

     47,985        74,687        40,580        21,543  

Intangible assets(1)

     —          3,398        7,428        3,172  

Other assets

     2,595        3,337        52        1,330  

Financial liabilities

     (10,054 )      (17,610 )      (6,164 )      (944 )

Other long-term liabilities

     (990 )      (11,727 )      (1,050 )      (364 )
  

 

 

    

 

 

    

 

 

    

 

 

 

Net assets acquired

  57,573     82,435     53,102     33,122  

Goodwill

  147,064     148,838     16,120     26,230  
  

 

 

    

 

 

    

 

 

    

 

 

 

Purchase price

  204,637     231,273     69,222     59,352  
  

 

 

    

 

 

    

 

 

    

 

 

 

Acquisition related liabilities

  (22,123 )   (10,656 )   (7,902 )   (10,547 )

Other

  (2,087 )   (3,190 )   281     (48 )
  

 

 

    

 

 

    

 

 

    

 

 

 

Net cash paid for acquisitions

$ 180,427    $  217,427    $ 61,601    $  48,757  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

  (1) Intangible assets acquired in 2013 related to aggregate reserves to which the Company has the rights of ownership, but does not own the reserves ($5.9 million) and the differential between contractual lease rates and market rates for leases of aggregate reserves and office space. The acquired intangible assets in total, the reserve rights and the lease assets have weighted-average lives of 18 years, 20 years and 11 years, respectively.