Fair Value Measurements (Tables)

3 Months Ended

Apr. 03, 2015

Financial Assets and Liabilities Measured at Fair Value Based on Three-Tier Fair Value Hierarchy

The following table sets forth the fair value of the Company’s financial assets and liabilities measured at fair value based on the three-tier fair value hierarchy (in thousands):



	Level 1		Level 2		Level 3		Total
As of April 3, 2015
Cash equivalents
Money market funds	$	32,795	$	—	$	—	$	32,795
Short-term investments
State, municipal and local government agencies bonds	—		11,238		—		11,238
Corporate bonds	—		10,965		—		10,965
Prepaids and other current assets
Derivative assets	—		148		—		148
Other assets
Long-term investment	3,082		—		—		3,082
Total assets measured and recorded at fair value	$	35,877	$	22,351	$	—	$	58,228
Accrued liabilities
Derivative liabilities	$	—	$	18	$	—	$	18
Total liabilities measured and recorded at fair value	$	—	$	18	$	—	$	18
	Level 1		Level 2		Level 3		Total
As of December 31, 2014
Cash equivalents
Money market funds	$	23,121	$	—	$	—	$	23,121
Short-term investments
State, municipal and local government agencies bonds	—		13,961		—		13,961
Corporate bonds	—		17,886		—		17,886
Prepaids and other current assets
Derivative assets	—		341		—		341
Other assets
Long-term investment	2,606		—		—		2,606
Total assets measured and recorded at fair value	$	25,727	$	32,188	$	—	$	57,915
Accrued liabilities
Derivative liabilities	$	—	$	7	$	—	$	7
Total liabilities measured and recorded at fair value	$	—	$	7	$	—	$	7