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Fair Value Measurements - (Tables)
3 Months Ended
Apr. 01, 2023
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Carried at Fair Value Measured on a Recurring Basis

The following tables provide the assets and liabilities carried at fair value measured on a recurring basis at April 1, 2023 and December 31, 2022:

 

 

 

 

 

 

Fair Value Measurements Using

 

 

 

Carrying
Value

 

 

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

 

 

Significant Other
Observable Inputs
(Level 2)

 

 

Significant
Unobservable Inputs
(Level 3)

 

April 1, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

Municipal notes and bonds

 

$

169,433

 

 

$

—

 

 

$

169,433

 

 

$

—

 

Asset-backed securities

 

 

1,107

 

 

 

—

 

 

 

1,107

 

 

 

—

 

Certificates of deposit

 

 

55,060

 

 

 

—

 

 

 

55,060

 

 

 

—

 

Commercial paper

 

 

71,785

 

 

 

—

 

 

 

71,785

 

 

 

—

 

Corporate bonds

 

 

55,649

 

 

 

—

 

 

 

55,649

 

 

 

—

 

Total assets

 

$

353,034

 

 

$

—

 

 

$

353,034

 

 

$

—

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

            Foreign currency forward contracts

 

 

4

 

 

 

—

 

 

 

4

 

 

 

—

 

Total liabilities

 

$

4

 

 

$

—

 

 

$

4

 

 

$

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

Municipal notes and bonds

 

$

178,868

 

 

$

—

 

 

$

178,868

 

 

$

—

 

Asset-backed securities

 

 

1,534

 

 

 

—

 

 

 

1,534

 

 

 

—

 

Certificates of deposit

 

 

52,095

 

 

 

—

 

 

 

52,095

 

 

 

—

 

Commercial paper

 

 

80,079

 

 

 

—

 

 

 

80,079

 

 

 

—

 

Corporate bonds

 

 

59,335

 

 

 

—

 

 

 

59,335

 

 

 

—

 

Total assets

 

$

371,912

 

 

$

—

 

 

$

371,912

 

 

$

—

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency forward contracts

 

$

135

 

 

$

—

 

 

$

135

 

 

$

—

 

Total liabilities

 

$

135

 

 

$

—

 

 

$

135

 

 

$

—