Fair Value Measurements (Tables)

12 Months Ended

Dec. 29, 2017

Assets and Liabilities Measured at Fair Value on Recurring Basis

The fair value of these certain financial assets and liabilities was determined using the following inputs at December 29, 2017 (in thousands):

	Fair Value Measurements at Reporting Date Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Money market securities ⁽¹⁾	$	9,742	$	9,742	$	-	$	-

Fixed income available for sale securities ⁽²⁾		71,604		-		71,604		-

Fixed income trading securities held in deferred compensation plan ⁽³⁾		13,686		13,686		-		-

Equity trading securities held in deferred compensation plan ⁽³⁾		39,664		39,664		-		-

Total	$	134,696	$	63,092	$	71,604	$	-

Liabilities
Deferred compensation plan ⁽⁴⁾		59,050		59,050		-		-

Total	$	59,050	$	59,050	$	-	$	-

⁽¹⁾	Included in cash and cash equivalents on the Company’s consolidated balance sheet.

⁽²⁾	Included in short-term investments on the Company’s consolidated balance sheet.

⁽³⁾	Included in other current assets and deferred compensation plan assets on the Company’s consolidated balance sheet.

⁽⁴⁾	Included in accrued liabilities and deferred compensation on the Company’s consolidated balance sheet.

The fair value of these certain financial assets and liabilities was determined using the following inputs at December 30, 2016 (in thousands):

	Fair Value Measurements at Reporting Date Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Money market securities ⁽¹⁾	$	21,918	$	21,918	$	-	$	-

Fixed income available for sale securities ⁽²⁾		58,755		-		58,755		-

Fixed income trading securities held in deferred compensation plan ⁽³⁾		11,872		11,872		-		-

Equity trading securities held in deferred compensation plan ⁽³⁾		36,395		36,395		-		-

Total	$	128,940	$	70,185	$	58,755	$	-

Liabilities
Deferred compensation plan ⁽⁴⁾		53,617		53,617		-		-

Total	$	53,617	$	53,617	$	-	$	-

⁽¹⁾	Included in cash and cash equivalents on the Company’s consolidated balance sheet.

⁽²⁾	Included in short-term investments on the Company’s consolidated balance sheet.

⁽³⁾	Included in other current assets and deferred compensation plan assets on the Company’s consolidated balance sheet.

⁽⁴⁾	Included in accrued liabilities and deferred compensation on the Company’s consolidated balance sheet.

Summary of Cost and Estimated Fair Value of Short Term Fixed Income Securities

The following table summarizes the cost and estimated fair value of short-term fixed income securities classified as short-term investments based on remaining effective maturities as of December 29, 2017:

	Amortized		Estimated
(In thousands)	Cost		Fair Value

Due within one year	$	43,000	$	42,816
Due between one and two years		28,997		28,788
Total	$	71,997	$	71,604