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Fair Value Measurements (Tables)
3 Months Ended
Apr. 03, 2016
Fair Value Disclosures [Abstract]  
Schedule of financial assets measured at fair value on a recurring basis
The following table presents the Company's financial assets that are measured at fair value on a recurring basis as of April 3, 2016 and January 3, 2016, consistent with the fair value hierarchy provisions of the authoritative guidance (in thousands):
 
 
April 3, 2016
 
As of January 3, 2016
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
Assets:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Money market funds (1)
$
22,526

 
$
812

 
$
21,714

 
$

 
$
18,021

 
$
2,137

 
$
15,884

 
$

Total assets
$
22,526

 
$
812

 
$
21,714

 
$

 
$
18,021

 
$
2,137

 
$
15,884

 
$

_________________
 
(1)           Money market funds are presented as a part of cash and cash equivalents on the accompanying consolidated balance sheets as of April 3, 2016 and January 3, 2016.