XML 45 R20.htm IDEA: XBRL DOCUMENT v3.2.0.727
Fair Value Measurements (Tables)
6 Months Ended
Jun. 16, 2015
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis as of June 16, 2015, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities. Fair values determined by Level 2 inputs utilize data points that are observable such as quoted prices, interest rates and yield curves. Fair values determined by Level 3 inputs are unobservable data points for the asset or liability, and includes situations where there is little, if any, market activity for the asset or liability:
 
Description
 
June 16,
2015
 
Quoted Prices in
Active Markets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Other
Unobservable
Inputs
(Level 3)
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Investments held in Trust:
 
$
150,000,000
 
$
150,000,000
 
$
-
 
$
-