v3.8.0.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2018
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table presents information about our assets measured at fair value on a recurring basis as of March 31, 2018 and December 30, 2017 and indicates the fair value hierarchy of the valuation techniques we utilized to determine such fair value (in thousands):
 
March 31, 2018
 
December 30, 2017
 
Fair Value Measurements Using Input Types
 
 
 
Fair Value Measurements Using Input Types
 
 
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Money market mutual funds
$
17,870

 
$

 
$

 
$
17,870

 
$
17,810

 
$

 
$

 
$
17,810

Certificates of deposit
17,381

 

 

 
17,381

 
17,282

 

 

 
17,282

Total assets
$
35,251

 
$

 
$

 
$
35,251

 
$
35,092

 
$

 
$

 
$
35,092

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Contingent acquisition consideration
$

 
$

 
$
894

 
$
894

 
$

 
$

 
$

 
$

Total liabilities
$

 
$

 
$
894

 
$
894

 
$

 
$

 
$

 
$

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table sets forth a summary of changes in fair value of our contingent acquisition consideration liability, which represents the recurring measurement that is classified within Level 3 of the fair value hierarchy wherein fair value is estimated using significant unobservable inputs (in thousands):
 
March 31, 2018
 
Contingent Acquisition Consideration
Beginning balance - December 30, 2017
$

Contingent consideration liability recorded in connection with Town & Country acquisition
894

Ending balance - March 31, 2018
$
894