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INVESTMENTS IN SECURITIES
3 Months Ended
Mar. 27, 2022
Investments, Debt and Equity Securities [Abstract]  
INVESTMENTS IN SECURITIES INVESTMENTS IN SECURITIES
The Company recognizes investments in available-for-sale securities as cash equivalents, current investments or long-term investments depending upon each security’s length to maturity. The following table summarizes our investments in available-for-sale securities:
March 27, 2022December 26, 2021
CostFair ValueCostFair Value
(In thousands)
Cash equivalents:
Fixed income securities$29,048 $29,048 $48,851 $48,851 
Gross realized gains during the three months ended March 27, 2022 and three months ended March 28, 2021 related to the Company’s available-for-sale securities were immaterial.