XML 36 R26.htm IDEA: XBRL DOCUMENT v3.4.0.3
RESTRICTED CASH AND INVESTMENTS (Tables)
 3 Months Ended
Mar. 25, 2016
Restricted Cash and Investments [Abstract]  
Schedule of restricted cash and investments
The following is a summary of our restricted cash and investments (in thousands):
 
March 25,
2016
 
December 25,
2015
Cash collateral held by insurance carriers
$
26,532

 
$
23,634

Cash and cash equivalents held in Trust
28,005

 
26,046

Investments held in Trust
134,273

 
126,788

Other (1)
13,874

 
11,944

Total restricted cash and investments
$
202,684

 
$
188,412


(1)
Primarily consists of deferred compensation plan accounts, which are comprised of mutual funds classified as available-for-sale securities.
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):
 
March 25, 2016
 
Amortized Cost
 
Gross Unrealized Gain
 
Gross Unrealized Loss
 
Fair Value
Municipal debt securities
$
65,967

 
$
1,702

 
$
—

 
$
67,669

Corporate debt securities
60,570

 
842

 
(57
)
 
61,355

Agency mortgage-backed securities
7,736

 
85

 
(2
)
 
7,819

 
$
134,273

 
$
2,629

 
$
(59
)
 
$
136,843

 
December 25, 2015
 
Amortized Cost
 
Gross Unrealized Gain
 
Gross Unrealized Loss
 
Fair Value
Municipal debt securities
$
67,948

 
$
1,345

 
$
(4
)
 
$
69,289

Corporate debt securities
50,462

 
226

 
(152
)
 
50,536

Agency mortgage-backed securities
8,378

 
73

 
(31
)
 
8,420

 
$
126,788

 
$
1,644

 
$
(187
)
 
$
128,245
Schedule of held-to-maturity investments by contractual maturity
The amortized cost and fair value by contractual maturity of our held-to-maturity investments are as follows (in thousands):
 
March 25, 2016
 
Amortized Cost
 
Fair Value
Due in one year or less
$
10,863

 
$
10,897

Due after one year through five years
61,575

 
62,277

Due after five years through ten years
61,835

 
63,669

 
$
134,273

 
$
136,843