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FAIR VALUE (Tables) | 3 Months Ended
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Mar. 28, 2020
FAIR VALUE |
Assets measured at fair value | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 28, 2020 | ​ | March 30, 2019
​ | ​ | Quoted | ​ | Prices with | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Quoted | ​ | Prices with | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Prices in | ​ | Other | ​ | ​ | Prices with | ​ | ​ | ​ | ​ | Prices in | ​ | Other | ​ | ​ | Prices with | ​ | ​ | ​
​ | ​ | Active | ​ | Observable | ​ | ​ | Unobservable | ​ | ​ | ​ | ​ | Active | ​ | Observable | ​ | ​ | Unobservable | ​ | ​ | ​
​ | ​ | Markets | ​ | Inputs | ​ | ​ | Inputs | ​ | ​ | ​ | ​ | Markets | ​ | Inputs | ​ | ​ | Inputs | ​ | ​ | ​
(in thousands) |  | (Level 1) |  | (Level 2) |  | ​ | (Level 3) | ​ | Total |  | (Level 1) |  | (Level 2) |  | ​ | (Level 3) |  | Total
Money market funds | ​ | $ | 29,561 |  | $ | 837 | ​ | $ | — |  | $ | 30,398 |  | $ | 56 |  | $ | 549 | ​ | $ | — |  | $ | 605
Fixed income funds | ​ |  | 237 | ​ |  | 15,124 | ​ | ​ | — |  |  | 15,361 | ​ |  | 3,860 | ​ |  | 9,763 | ​ | ​ | — |  |  | 13,623
Equity securities | ​ |  | 9,089 | ​ |  | — | ​ | ​ | — |  |  | 9,089 | ​ |  | 8,258 | ​ |  | — | ​ | ​ | — |  |  | 8,258
Alternative investments | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,960 | ​ | ​ | 1,960 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,782 | ​ | ​ | 1,782
Mutual funds: | ​ | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | —
Domestic stock funds | ​ |  | 5,204 | ​ |  | — | ​ | ​ | — |  |  | 5,204 | ​ |  | 2,151 | ​ |  | — | ​ | ​ | — |  |  | 2,151
International stock funds | ​ |  | 947 | ​ |  | — | ​ | ​ | — |  |  | 947 | ​ |  | 2,085 | ​ |  | — | ​ | ​ | — |  |  | 2,085
Target funds | ​ |  | 242 | ​ |  | — | ​ | ​ | — |  |  | 242 | ​ |  | 257 | ​ |  | — | ​ | ​ | — |  |  | 257
Bond funds | ​ |  | 222 | ​ |  | — | ​ | ​ | — |  |  | 222 | ​ |  | 799 | ​ |  | — | ​ | ​ | — |  |  | 799
Alternative funds | ​ | ​ | 921 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 921 | ​ | ​ | 1,344 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,344
Total mutual funds | ​ |  | 7,536 | ​ |  | — | ​ | ​ | — |  |  | 7,536 | ​ |  | 6,636 | ​ |  | — | ​ | ​ | — |  |  | 6,636
Total | ​ | $ | 46,423 | ​ | $ | 15,961 | ​ | $ | 1,960 | ​ | $ | 64,344 | ​ | $ | 18,810 | ​ | $ | 10,312 | ​ | $ | 1,782 | ​ | $ | 30,904
Assets at fair value | ​ | $ | 46,423 | ​ | $ | 15,961 | ​ | $ | 1,960 |  | $ | 64,344 | ​ | $ | 18,810 | ​ | $ | 10,312 | ​ | $ | 1,782 |  | $ | 30,904
Available for sale investment portfolio | Ardellis’ available for sale investment portfolio, including funds held with the State of Michigan, consists of the following (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 28, 2020
​ | ​ | ​ | ​ | ​ | Unrealized | ​ | ​ | ​
​ |  | Cost |  | Gain/(Loss) |  | Fair Value
Fixed Income | ​ | $ | 1,834 |  | $ | 126 |  | $ | 1,960
Equity | ​ |  | 15,257 | ​ |  | 104 |  |  | 15,361
Mutual Funds | ​ | ​ | 9,690 | ​ | ​ | (601) |  | ​ | 9,089
Alternative Investments | ​ | ​ | 7,298 | ​ | ​ | (569) |  | ​ | 6,729
Total | ​ | $ | 34,079 | ​ | $ | (940) |  | $ | 33,139

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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 reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
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