Fair Value Measurement (Tables)

12 Months Ended

Jan. 02, 2016

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities Measured and Recognized at Fair Value on a Recurring Basis

As of January 2, 2016 and January 3, 2015, financial assets and liabilities measured and recognized at fair value on a recurring basis and classified under the appropriate level of the fair value hierarchy as described above was as follows (in thousands):

	As of January 2, 2016							As of January 3, 2015
	Fair Value Measurements							Fair Value Measurements
	Level 1		Level 2	Level 3		Total		Level 1		Level 2	Level 3		Total
Assets:
Money market funds	$	9,212				$	9,212	$	11,846				$	11,846
Liabilities:
Earn-out liability				$	1,005	$	1,005				$	1,423	$	1,423

Quantitative Information about the Inputs and Valuation Methodologies Used for Fair Value Measurements

Charges related to fair value adjustments were $5 thousand, $1,258 thousand and $355 thousand for the fiscal years 2015, 2014 and 2013, respectively

The following table presents quantitative information about the inputs and valuation methodologies used for our fair value measurements classified in Level 3 of the fair value hierarchy as of January 2, 2016 and January 3, 2015.

As of January 2, 2016	Fair Value (in thousands)		Valuation Technique	Significant Unobservable Input	Weighted Average (range)
Earn-out liability	$	1,005	Discounted cash	Projectedroyalties	$	2,949
			flow	(in thousands)	($134 – $3,153)
				Discount rate	11.36% (10.23% - 27.00%)

As of January 3, 2015	Fair Value (in thousands)		Valuation Technique	Significant Unobservable Input	Weighted Average (range)
Earn-out liability	$	1,423	Discounted cash	Projectedroyalties	$	3,048
			flow	(in thousands)	($669 – $3,613)
				Discount rate	13.54% (10.34% - 27.00%)

Reconciliation of the Changes in the Company's Earn-Out - Cash (Level 3 Liabilities) Balance

The following table provides a reconciliation of the beginning and ending balances of the contingent consideration – cash (Level 3 liabilities) (in thousands):

Balance as of December 28, 2013	$	624
Payments against earn-out		(459	)
Change in fair value of earn-out liability		1,258
Balance as of January 3, 2015		1,423
Payments against earn-out		(423	)
Change in fair value of earn-out liability		5
Balance as of January 2, 2016	$	1,005