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Investments:
3 Months Ended
Mar. 28, 2015
Investments:  
Investments:

 

4.Investments:

 

Marketable Securities

 

The following is a summary of marketable securities classified as available-for-sale securities:

 

 

 

March 28, 2015

 

December 27, 2014

 

 

 

Cost

 

Fair Value

 

Cost

 

Fair Value

 

Equity securities

 

$

238,600 

 

$

225,200 

 

$

526,600 

 

$

466,800 

 

 

The Company’s unrealized gains and losses for marketable securities classified as available-for-sale securities in accumulated other comprehensive loss are as follows:

 

 

 

March 28, 2015

 

December 27, 2014

 

Unrealized gains

 

$

3,900

 

$

3,300

 

Unrealized losses

 

(17,300

)

(63,100

)

Net unrealized losses

 

$

(13,400

)

$

(59,800

)

 

The Company’s realized gains and losses recognized on sales of available-for-sale marketable securities are as follows:

 

 

 

Three Months Ended

 

 

 

March 28, 2015

 

March 29, 2014

 

Realized gains

 

$

13,400

 

$

22,200

 

Realized losses

 

(36,200

)

(12,800

)

Net realized gains/(losses)

 

$

(22,800

)

$

9,400

 

 

Amounts reclassified out of accumulated other comprehensive loss into earnings is determined by using the average cost of the security when sold.  Gross realized gains (losses) reclassified out of accumulated other comprehensive loss into earnings are included in Interest and Other Income (Expense) and the related tax benefits (expenses) are included in the Provision for Income Taxes lines of the Consolidated Condensed Statements of Operations.