Marketable Securities

12 Months Ended

Dec. 25, 2016

Investments, Debt and Equity Securities [Abstract]

Marketable Securities

Marketable Securities

Marketable securities consisted of the following:

	December 25, 2016		December 27, 2015
Trading
Mutual funds	—		9,043
Total	$	—	9,043

Purchases of available-for-sale securities totaled $12,301 and sales totaled $23,300 in 2015.

Purchases of available-for-sale securities totaled $22,991 and sales totaled $12,000 in 2014.

Trading securities represent investments held for future needs of our non-qualified deferred compensation plan. As of December 25, 2016, the Company reclassified amounts previously presented on the Consolidated Balance Sheets as marketable securities to other assets. The amounts represent investments held in our non-qualified deferred compensation plan. We concluded that prior period balances were immaterial to current assets and total assets on our Consolidated Balance Sheet and therefore, we did not reclassify the marketable securities balance in prior periods.