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FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Jun. 25, 2016
Fair Value Disclosures [Abstract]  
Fair Value Measurements of Financial Instruments
The following table details the fair value measurements of the Company’s financial assets:
 
 
 
Fair Value Measurement June 25, 2016 Using:
 
Total
 
Level 1
 
Level 2
 
Level 3
Cash and Equivalents
$
25,812,429

 
$
25,812,429

 
$
—

 
$
—

U.S. Government Securities
44,860,928

 
13,490,520

 
31,370,408

 
—

Corporate Debt
7,133,346

 
—

 
7,133,346

 
—

Certificates of Deposit
13,715,322

 
—

 
13,715,322

 
—

GCS Holdings
377,724

 
377,724

 
—

 
—

 
$
91,899,749

 
$
39,680,673

 
$
52,219,076

 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair Value Measurement December 26, 2015 Using:
 
Total
 
Level 1
 
Level 2
 
Level 3
Cash and Equivalents
$
19,767,889

 
$
19,767,889

 
$
—

 
$
—

U.S. Government Securities
46,464,663

 
16,381,152

 
30,083,511

 
—

Corporate Debt
6,886,495

 
—

 
6,886,495

 
—

Certificates of Deposit
7,591,733

 
—

 
7,591,733

 
—

GCS Holdings
232,037

 
232,037

 
—

 
—

 
$
80,942,817

 
$
36,381,078

 
$
44,561,739

 
$
—