| Schedule of assets and liabilities measured at fair value on a recurring basis |
The following tables provide information regarding the Company’s assets and liabilities measured at fair value on a recurring basis at April 2, 2016 and January 2, 2016.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
April 2, 2016 |
|
Adjusted Cost |
|
Unrealized Gains |
|
Unrealized Losses |
|
Fair Value |
Assets |
|
|
|
|
|
|
|
Level 1: |
|
|
|
|
|
|
|
Equity securities |
$ |
1,005 |
|
|
$ |
22 |
|
|
$ |
(42 |
) |
|
$ |
985 |
|
Mutual funds |
2,451 |
|
|
5 |
|
|
(281 |
) |
|
2,175 |
|
Subtotal |
$ |
3,456 |
|
|
$ |
27 |
|
|
$ |
(323 |
) |
|
$ |
3,160 |
|
Level 2: |
|
|
|
|
|
|
|
Corporate fixed income |
$ |
35,459 |
|
|
$ |
39 |
|
|
$ |
(1,332 |
) |
|
$ |
34,166 |
|
Municipal bonds |
2,912 |
|
|
1 |
|
|
(109 |
) |
|
2,804 |
|
Certificates of deposit and time deposits |
1,422 |
|
|
— |
|
|
— |
|
|
1,422 |
|
Asset backed securities |
475 |
|
|
4 |
|
|
(3 |
) |
|
476 |
|
Subtotal |
$ |
40,268 |
|
|
$ |
44 |
|
|
$ |
(1,444 |
) |
|
$ |
38,868 |
|
Total |
$ |
43,724 |
|
|
$ |
71 |
|
|
$ |
(1,767 |
) |
|
$ |
42,028 |
|
Liabilities |
|
|
|
|
|
|
|
Level 2: |
|
|
|
|
|
|
|
Phantom stock units |
$ |
21 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
21 |
|
Total |
$ |
21 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
21 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
January 2, 2016 |
|
Adjusted Cost |
|
Unrealized Gains |
|
Unrealized Losses |
|
Fair Value |
Assets |
|
|
|
|
|
|
|
Level 1: |
|
|
|
|
|
|
|
Equity securities |
$ |
1,318 |
|
|
$ |
28 |
|
|
$ |
(36 |
) |
|
$ |
1,310 |
|
Mutual funds |
2,611 |
|
|
1 |
|
|
(238 |
) |
|
2,374 |
|
Subtotal |
$ |
3,929 |
|
|
$ |
29 |
|
|
$ |
(274 |
) |
|
$ |
3,684 |
|
Level 2: |
|
|
|
|
|
|
|
Corporate fixed income |
$ |
35,936 |
|
|
$ |
8 |
|
|
$ |
(1,682 |
) |
|
$ |
34,262 |
|
Municipal bonds |
2,897 |
|
|
— |
|
|
(94 |
) |
|
2,803 |
|
Certificates of deposit and time deposits |
2,947 |
|
|
— |
|
|
— |
|
|
2,947 |
|
Asset backed securities |
498 |
|
|
— |
|
|
(20 |
) |
|
478 |
|
Subtotal |
$ |
42,278 |
|
|
$ |
8 |
|
|
$ |
(1,796 |
) |
|
$ |
40,490 |
|
Total |
$ |
46,207 |
|
|
$ |
37 |
|
|
$ |
(2,070 |
) |
|
$ |
44,174 |
|
Liabilities |
|
|
|
|
|
|
|
Level 2: |
|
|
|
|
|
|
|
Phantom stock units |
$ |
17 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
17 |
|
Total |
$ |
17 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
17 |
|
|
| Summary of maturities of marketable securities |
Maturities of investments at April 2, 2016 are as follows:
|
|
|
|
|
|
|
|
|
|
Adjusted Cost |
|
Fair Value |
Due in less than one year |
$ |
15,234 |
|
|
$ |
15,143 |
|
Due after one year but within five years |
16,731 |
|
|
16,074 |
|
Due after five years but within ten years |
5,386 |
|
|
4,868 |
|
Due after ten years |
2,917 |
|
|
2,783 |
|
Equity securities |
1,005 |
|
|
985 |
|
Mutual Funds |
2,451 |
|
|
2,175 |
|
Total |
$ |
43,724 |
|
|
$ |
42,028 |
|
|