Fair Value Measurements (Tables)

6 Months Ended

Jul. 02, 2016

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements

Our financial instruments consist primarily of cash and cash equivalents and interest rate cap derivatives designated as cash flow hedging instruments. Assets and liabilities measured at fair value on a recurring basis were as follows (in thousands):

	As of July 2, 2016								As of December 31, 2015
	Fair Value Measurements Using								Fair Value Measurements Using
	Level 1		Level 2		Level 3		Total Balance		Level 1		Level 2		Level 3		Total Balance
Assets
Money market funds(1)	$	5	$	—	$	—	$	5	$	4,587	$	—	$	—	$	4,587
Interest rate cap hedges(2)	—		156		—		156		—		963		—		963
Total Assets	$	5	$	156	$	—	$	161	$	4,587	$	963	$	—	$	5,550

(1) Included as cash and cash equivalents.

(2) Interest rate cap hedge premium included as other current assets and other assets.