Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2012

Fair Value, Assets Measured on Recurring Basis

The following table presents the Company's financial assets that are measured at fair value on a recurring basis as of September 30, 2012, consistent with the fair value hierarchy provisions of the authoritative guidance (in thousands):



	As of September 30, 2012								As of January 1, 2012
	Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3
Assets:
Money market funds⁽¹⁾	$	23,656	$	23,656	$	—	$	—	$	18,826	$	18,826	$	—	$	—
Investment in TowerJazz Semiconductor Ltd. ⁽²⁾	380		380		—		—		406		406		—		—
Total assets	$	24,036	$	24,036	$	—	$	—	$	19,232	$	19,232	$	—	$	—

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⁽¹⁾ Money market funds are presented as a part of cash and cash equivalents on the accompanying consolidated balance sheets as of September 30, 2012 and January 1, 2012.


⁽²⁾	The Company expects to sell TowerJazz marketable securities at the fair market value at such time as it deems appropriate.

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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