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FAIR VALUE (Tables) | 6 Months Ended
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Jun. 27, 2020
FAIR VALUE |
Assets measured at fair value | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 27, 2020 | ​ | June 29, 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 | ​ | $ | 57 |  | $ | 3,084 | ​ | $ | — |  | $ | 3,141 |  | $ | 57 |  | $ | 1,051 | ​ | $ | — |  | $ | 1,108
Fixed income funds | ​ |  | 247 | ​ |  | 16,209 | ​ | ​ | — |  |  | 16,456 | ​ |  | 2,709 | ​ |  | 11,222 | ​ | ​ | — |  |  | 13,931
Equity securities | ​ |  | 9,958 | ​ |  | — | ​ | ​ | — |  |  | 9,958 | ​ |  | 8,651 | ​ |  | — | ​ | ​ | — |  |  | 8,651
Alternative investments | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,836 | ​ | ​ | 1,836 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,829 | ​ | ​ | 1,829
Mutual funds: | ​ | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | —
Domestic stock funds | ​ |  | 6,359 | ​ |  | — | ​ | ​ | — |  |  | 6,359 | ​ |  | 2,472 | ​ |  | — | ​ | ​ | — |  |  | 2,472
International stock funds | ​ |  | 1,124 | ​ |  | — | ​ | ​ | — |  |  | 1,124 | ​ |  | 2,059 | ​ |  | — | ​ | ​ | — |  |  | 2,059
Target funds | ​ |  | 270 | ​ |  | — | ​ | ​ | — |  |  | 270 | ​ |  | 266 | ​ |  | — | ​ | ​ | — |  |  | 266
Bond funds | ​ |  | 232 | ​ |  | — | ​ | ​ | — |  |  | 232 | ​ |  | 815 | ​ |  | — | ​ | ​ | — |  |  | 815
Alternative funds | ​ | ​ | 332 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 332 | ​ | ​ | 1,696 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,696
Total mutual funds | ​ |  | 8,317 | ​ |  | — | ​ | ​ | — |  |  | 8,317 | ​ |  | 7,308 | ​ |  | — | ​ | ​ | — |  |  | 7,308
Total | ​ | $ | 18,579 | ​ | $ | 19,293 | ​ | $ | 1,836 | ​ | $ | 39,708 | ​ | $ | 18,725 | ​ | $ | 12,273 | ​ | $ | 1,829 | ​ | $ | 32,827
Assets at fair value | ​ | $ | 18,579 | ​ | $ | 19,293 | ​ | $ | 1,836 |  | $ | 39,708 | ​ | $ | 18,725 | ​ | $ | 12,273 | ​ | $ | 1,829 |  | $ | 32,827
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):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 27, 2020
​ | ​ | ​ | ​ | ​ | Unrealized | ​ | ​ | ​
​ |  | Cost |  | Gain/(Loss) |  | Fair Value
Fixed Income | ​ | $ | 15,497 |  | $ | 959 |  | $ | 16,456
Equity | ​ |  | 9,107 | ​ |  | 850 |  |  | 9,957
Mutual Funds | ​ | ​ | 6,553 | ​ | ​ | 849 |  | ​ | 7,402
Alternative Investments | ​ | ​ | 1,857 | ​ | ​ | (22) |  | ​ | 1,835
Total | ​ | $ | 33,014 | ​ | $ | 2,636 |  | $ | 35,650

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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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