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Short Term Investments
 3 Months Ended
Mar. 29, 2019
Investments, Debt and Equity Securities [Abstract]  
Investments INVESTMENTS
Our short-term investments include corporate bonds and commercial paper and are classified as available-for-sale and are summarized in the tables below (in thousands):
 
April 3, 2020
 
Amortized
Cost
 
Gross
Unrealized
Holding Gains
  
Gross
Unrealized
Holding Losses
 
Aggregate Fair
Value
Corporate bonds
$
29,778

  
$
—

 
$
(1,291
)
 
$
28,487

Commercial paper
72,364

 
28

 
(32
)
 
72,360

Total short-term investments
$
102,142

  
$
28

 
$
(1,323
)
 
$
100,847

 
September 27, 2019
 
Amortized
Cost
 
Gross
Unrealized
Holding Gains
 
Gross
Unrealized
Holding Losses
 
Aggregate Fair
Value
Corporate bonds
$
29,578

  
$
112

 
$
(93
)
 
$
29,597

Commercial paper
71,646

 
1

 
(18
)
 
71,629

Total short-term investments
$
101,224

 
$
113

 
$
(111
)
 
$
101,226



The contractual maturities of available-for-sale investments were as follows (in thousands):
 
April 3, 2020
 
September 27, 2019
Less than 1 year
$
77,862

 
$
75,233

Over 1 year
22,985

 
25,993

Total short-term investments
$
100,847

 
$
101,226


Available-for-sale investments are reported at fair value and as such, their associated unrealized gains and losses are reported as a separate component of stockholders’ equity within accumulated other comprehensive income.
Other Investments — As of April 3, 2020, we held an investment in a Series B preferred stock ownership of a privately held manufacturing corporation with preferred liquidation rights over other equity shares. As the equity securities do not have a readily determinable fair value and do not qualify for the practical expedient under ASC 820, Fair Value Measurement, we have elected to account for this investment at cost less any impairment. As of April 3, 2020, the cost of this investment was $5.0 million. We evaluate this investment for impairment at each balance sheet date, and through April 3, 2020, no impairment has been recorded for this investment.
Also included in long-term investments, is a minority investment of less than 20.0% in the outstanding equity of a private company (“Compute”) that was acquired in conjunction with our divestiture of the Compute business during our fiscal year 2018. This investment value is updated quarterly based on our proportionate share of the losses or earnings, as well as any changes in Compute's equity, utilizing the equity method. During the three and six months ended April 3, 2020, we recorded losses of $5.3 million and $9.1 million, respectively, associated with this investment as other expense in our condensed consolidated statements of operations. During the three and six months ended March 29, 2019, we recorded losses of $4.4 million and $9.0 million, respectively, associated with this investment. As of April 3, 2020 and September 27, 2019, the carrying value of this investment was $9.5 million and $18.6 million, respectively.