XML 271 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
RESTRICTED CASH AND INVESTMENTS (Tables)
 6 Months Ended
Jun. 27, 2014
Restricted Cash and Investments [Abstract]  
Schedule of restricted cash and investments
The following is a summary of restricted cash and investments (in thousands):
 
June 27,
2014
 
December 27,
2013
Cash collateral held by insurance carriers
$
22,707

 
$
23,747

Cash and cash equivalents held in Trust (1)
16,874

 
31,474

Investments held in Trust
96,574

 
86,678

Cash collateral backing letters of credit
1,864

 
1,864

Other (2)
7,889

 
10,795

Total restricted cash and investments
$
145,908

 
$
154,558


(1)
Included in this amount is $0.8 million of accrued interest at June 27, 2014 and December 27, 2013, respectively.
(2)
Primarily consists of deferred compensation plan accounts, which are comprised of mutual funds.
Schedule of held-to-maturity investments
The following tables present fair value disclosures for our held-to-maturity investments, which are carried at amortized cost (in thousands):
 
June 27, 2014
 
Amortized Cost
 
Gross Unrealized Gain
 
Gross Unrealized Loss
 
Fair Value
Municipal debt securities
$
57,346

 
$
984

 
$
(116
)
 
$
58,214

Corporate debt securities
27,855

 
270

 
(100
)
 
28,025

Asset-backed securities
11,373

 
182

 
(16
)
 
11,539

 
$
96,574

 
$
1,436

 
$
(232
)
 
$
97,778

 
December 27, 2013
 
Amortized Cost
 
Gross Unrealized Gain
 
Gross Unrealized Loss
 
Fair Value
Municipal debt securities
$
54,133

 
$
722

 
$
(398
)
 
$
54,457

Corporate debt securities
19,694

 
180

 
(294
)
 
19,580

Asset-backed securities
12,851

 
141

 
(89
)
 
12,903

 
$
86,678

 
$
1,043

 
$
(781
)
 
$
86,940
Schedule of held-to-maturity investments by contractual maturity
The amortized cost and fair value by contractual maturity of our marketable securities are as follows (in thousands):
 
June 27, 2014
 
Amortized Cost
 
Fair Value
Due in one year or less (1)
$
5,000

 
$
4,997

Due after one year (2)
4,500

 
4,499

 
$
9,500

 
$
9,496


(1)
Amounts due in one year or less are comprised of CDs.
(2)
Amounts due after one year are comprised of CDs with maturities within two years and are recorded in Other assets on the Consolidated Balance Sheets.
The amortized cost and fair value by contractual maturity of our held-to-maturity investments are as follows (in thousands):
 
June 27, 2014
 
Amortized Cost
 
Fair Value
Due in one year or less
$
11,188

 
$
11,241

Due after one year through five years
43,548

 
44,165

Due after five years through ten years
41,838

 
42,372

 
$
96,574

 
$
97,778