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Acquisitions
 12 Months Ended
Dec. 28, 2013
Acquisitions
15.  Acquisitions
 
In 2013, acquisitions of 2 companies were completed for net cash paid of $5,680.  In 2012, acquisitions of 3 companies were completed for net cash paid of $7,697. 
 
During 2011, subsidiaries of Garmin Ltd. completed the following acquisitions:
 
·
Navigon AG (“Navigon”), a privately-held navigation provider based in Germany, since renamed as Garmin Würzburg GmbH
 
 
·
Tri-Tronics Inc., the leading designer and manufacturer of electronic dog training equipment
 
 
·
Garmin Distribution Africa (Pty) Ltd., the distributor of Garmin’s consumer products in Southern Africa, since renamed as Garmin Southern Africa (Pty) Ltd
 
 
·
Garmap (Pty) Ltd., a South African mapping and mobile applications provider
 
 
·
Centro GPS, the Chilean distributor of Garmin’s consumer products, since renamed as Garmin Chile Lda
 
These companies were acquired for an aggregate amount of $69,558 in cash less $15,368 cash acquired.  The purchase price allocation for these acquisitions included goodwill and intangible assets of $76,452.  Garmin also recognized $3,923 of restructuring costs in the third quarter of 2011 related specifically to the Navigon acquisition.  Individually and in the aggregate, these acquisitions are not considered material; therefore, supplemental pro forma information is not presented.  The allocation of purchase price to assets acquired and liabilities assumed in these acquisitions is based upon certain valuations and other analyses.  Purchase price allocations for certain acquisitions were finalized in 2012 with no material adjustments.