RESTRICTED CASH AND INVESTMENTS (Tables)

3 Months Ended

Apr. 02, 2017

Restricted Cash and Investments [Abstract]

Schedule of restricted cash and investments

The following is a summary of our restricted cash and investments (in thousands):

	April 2, 2017		January 1, 2017
Cash collateral held by insurance carriers	$	28,771	$	34,910
Cash and cash equivalents held in Trust	25,334		32,841
Investments held in Trust	155,298		146,517
Other (1)	18,717		16,925
Total restricted cash and investments	$	228,120	$	231,193

(1) Primarily consists of deferred compensation plan accounts, which are comprised of mutual funds classified as available-for-sale securities.

Schedule of held-to-maturity investments

The following tables present fair value disclosures for our held-to-maturity investments, which are carried at amortized cost (in thousands):

	April 2, 2017
	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss			Fair Value
Municipal debt securities	$	78,589	$	822	$	(585	)	$	78,826
Corporate debt securities	70,268		355		(229		)	70,394
Agency mortgage-backed securities	5,442		40		(19		)	5,463
U.S. government and agency securities	999		5		—			1,004
	$	155,298	$	1,222	$	(833	)	$	155,687

	January 1, 2017
	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss			Fair Value
Municipal debt securities	$	71,618	$	443	$	(865	)	$	71,196
Corporate debt securities	68,934		212		(352		)	68,794
Agency mortgage-backed securities	5,965		30		(32		)	5,963
	$	146,517	$	685	$	(1,249	)	$	145,953

Schedule of held-to-maturity investments by contractual maturity

The amortized cost and fair value by contractual maturity of our held-to-maturity investments are as follows (in thousands):

	April 2, 2017
	Amortized Cost		Fair Value
Due in one year or less	$	17,644	$	17,680
Due after one year through five years	72,939		73,300
Due after five years through ten years	64,715		64,707
	$	155,298	$	155,687