v3.25.3
Acquisitions
9 Months Ended
Sep. 27, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Acquisitions
Intex DIY, Inc.
On August 23, 2024, the Company completed the acquisition of Intex DIY, Inc. ("Intex"), a leading supplier of wiping cloths, consumable rags, and cleaning textiles for a total purchase price of $34,064. This acquisition expands Hillman’s offerings in the cleaning products category. Intex has business operations throughout North America and its financial results will reside in the Company's Hardware and Protective Solutions reportable segment.
The following table reconciles the final fair value of the acquired assets and assumed liabilities to the total purchase price of Intex.
Accounts receivable$11,981 
Inventory14,486 
Other current assets26 
Property and equipment949 
Goodwill3,829 
Customer relationships9,400 
Trade names104 
Total assets acquired$40,775 
Less:
Liabilities assumed(6,711)
Total purchase price$34,064 
Net sales and operating income from Intex included in the Company's Condensed Consolidated Statement of Comprehensive Income for the thirteen and thirty-nine weeks ended September 27, 2025 were as follows:
Thirteen weeks ended September 27, 2025Thirty-nine weeks ended September 27, 2025
Net sales$15,243 $47,773 
Operating income1,678 5,606 
Pro forma financial information has not been presented for Intex as the financial results of Intex were insignificant to the financial results of the Company on a standalone basis.