XML 48 R30.htm IDEA: XBRL DOCUMENT
v3.6.0.2

FAIR VALUE MEASUREMENT (Tables) | 12 Months Ended
--- | ---
Jan. 01, 2017
Fair Value Disclosures [Abstract] |
Fair Value Measurements, Recurring and Nonrecurring | Our assets and liabilities measured at fair value on a recurring basis consisted of the following (in thousands):
| January 1, 2017
| Total Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
Financial assets: |  |  |  |  |  |  |
Cash and cash equivalents (1) | $ | 34,970 |  |  | $ | 34,970 |  |  | $ | — |  |  | $ | — |
Restricted cash and cash equivalents (1) | 67,751 |  |  | 67,751 |  |  | — |  |  | — |
Other restricted assets (2) | 16,925 |  |  | 16,925 |  |  | — |  |  | — |
Restricted investments classified as held-to-maturity | 145,953 |  |  | — |  |  | 145,953 |  |  | — |
Financial liabilities: |  |  |  |  |  |  |
Contingent consideration (3) | 21,600 |  |  | — |  |  | — |  |  | 21,600 |
| December 25, 2015
| Total Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
Financial assets: |  |  |  |  |  |  |
Cash and cash equivalents (1) | $ | 29,781 |  |  | $ | 29,781 |  |  | $ | — |  |  | $ | — |
Restricted cash and cash equivalents (1) | 49,680 |  |  | 49,680 |  |  | — |  |  | — |
Other restricted assets (2) | 11,944 |  |  | 11,944 |  |  | — |  |  | — |
Restricted investments classified as held to maturity | 128,245 |  |  | — |  |  | 128,245 |  |  | — |
Financial liabilities: |  |  |  |  |  |  |
Contingent consideration (3) | 19,300 |  |  | — |  |  | — |  |  | 19,300 |
(1) | Cash equivalents and restricted cash equivalents consist of money market funds, deposits, and investments with original maturities of three months or less.
(2) | Other restricted assets primarily consist of deferred compensation plan accounts, which are comprised of mutual funds classified as available-for-sale securities.
(3) | The estimated fair value of the contingent consideration associated with the acquisition of SIMOS, which was estimated using a probability-adjusted discounted cash flow model. Refer to Note 2: Acquisitions for further details regarding the SIMOS acquisition.
We measure certain non-financial assets on a non-recurring basis, including goodwill and certain intangible assets. As a result of those measurements, we recognized impairment charges of $103.5 million during the years ended January 1, 2017, as follows (in thousands):
| January 1, 2017 |  |
| Total Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3) |  | Total Impairment Loss
Goodwill | $ | 42,629 |  |  | $ | — |  |  | $ | — |  |  | $ | 42,629 |  |  | $ | (65,869 | )
Customer relationships | 11,100 |  |  | — |  |  | — |  |  | 11,100 |  |  | (28,900 | )
Trade names/trademarks | 3,600 |  |  | — |  |  | — |  |  | 3,600 |  |  | (8,775 | )
Total | $ | 57,329 |  |  |  |  |  |  |  |  | $ | (103,544 | )
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation | The following table presents the change in the estimated fair value of our liability for contingent consideration measured using significant unobservable inputs (Level 3) for the year ended January 1, 2017, as follows (in thousands):
Fair value measurement at beginning of period |  | $ | 19,300 |
Contingent consideration liability adjustment recorded for final purchase price valuation |  | (1,000 | )
Final purchase price valuation |  | 18,300 |
Adjustment to fair value measurement |  | 1,300 |
Accretion on contingent consideration |  | 2,000 |
Fair value measurement at end of period |  | $ | 21,600 |

X
- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2C -URI http://asc.fasb.org/extlink&oid=66048111&loc=SL7498348-110258 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration