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Fair Value of Assets and Liabilities (Tables) | 9 Months Ended
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Sep. 26, 2020
Fair Value Disclosures [Abstract] |
Schedule of fair value, assets measured on recurring basis | The following table presents assets measured at fair value by classification within the fair value hierarchy as of September 26, 2020:
|  | Fair Value Measurements Using |  |
(in thousands) |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3) |  | Total
Cash Equivalents |  | $ | 92,472 |  |  | $ | — |  |  | $ | — |  |  | $ | 92,472 |
Investments in equity securities |  | 15,042 |  |  | — |  |  | — |  |  | 15,042 |
Mutual funds |  | 11,692 |  |  | — |  |  | — |  |  | 11,692 |
The following table presents assets measured at fair value by classification within the fair value hierarchy as of December 28, 2019:
|  | Fair Value Measurements Using |  |
(in thousands) |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3) |  | Total
Cash Equivalents |  | $ | 118,999 |  |  | $ | — |  |  | $ | — |  |  | $ | 118,999 |
Investments in equity securities |  | 12,969 |  |  | — |  |  | — |  |  | 12,969 |
Mutual funds |  | 10,464 |  |  | — |  |  | — |  |  | 10,464 |
Schedule of fair value, by balance sheet grouping | The carrying value and estimated fair values of the Company’s Euro Senior Notes, Series A and Series B and USD Senior Notes, Series A and Series B, as of September 26, 2020 and December 28, 2019 were as follows:
|  | September 26, 2020 |  | December 28, 2019
(in thousands) |  | Carrying Value |  | Estimated Fair Value |  | Carrying Value |  | Estimated Fair Value
Euro Senior Notes, Series A due 2023 |  | $ | 136,417 |  |  | $ | 136,686 |  |  | $ | 129,808 |  |  | $ | 131,710 |
Euro Senior Notes, Series B due 2028 |  | 110,766 |  |  | 114,947 |  |  | 105,400 |  |  | 110,336 |
USD Senior Notes, Series A due 2022 |  | 25,000 |  |  | 25,460 |  |  | 25,000 |  |  | 25,054 |
USD Senior Notes, Series B due 2027 |  | 100,000 |  |  | 109,367 |  |  | 100,000 |  |  | 102,548 |
USD Senior Notes, Series A due 2025 |  | 50,000 |  |  | 53,323 |  |  | 50,000 |  |  | 50,775 |
USD Senior Notes, Series B due 2030 |  | 125,000 |  |  | 138,340 |  |  | 125,000 |  |  | 127,701 |
Details of impairment of long-lived assets held and used by asset | The second quarter of 2020 goodwill impairment charge was the result of measuring a reporting unit at fair value on a nonrecurring basis as shown below:
|  |  |  | Nine Months Ended September 26, 2020 |  | September 26, 2020
(in thousands) |  |  |  |  |  | Impairment Charge |  | Estimated Fair Value Measurement (Level 3) |  | Carrying Value
Goodwill |  |  |  |  |  | $33,841 |  | $8,953 |  | $ | 9,449 |

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- Definition Tabular disclosure for impairment of long-lived assets held and used by an entity which includes a description of the impaired long-lived asset and facts and circumstances leading to the impairment, aggregate amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired long-lived asset is reported. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2921-110230 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.CC) -URI http://asc.fasb.org/extlink&oid=27011434&loc=d3e125687-122742 + Details
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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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