INVESTMENTS IN SECURITIES

6 Months Ended

Jun. 24, 2012

Investments, Debt and Equity Securities [Abstract]

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

6. INVESTMENTS IN SECURITIES

     We recognize investments in available-for-sale securities as cash equivalents, current investments or long-term investments depending upon each security’s length to maturity. Additionally, those securities identified by management at the time of purchase for funding operations in less than one year are classified as current. The following table summarizes our investments in available-for-sale securities:

	June 24, 2012				December 25, 2011
	Amortized		Fair		Amortized		Fair
	Cost		Value		Cost		Value
	(In thousands)
Cash equivalents:
Fixed income securities	$	50	$	51	$	—	$	—
Short-term investments:
Fixed income securities	$	151	$	156	$	152	$	157
Long-term investments:
Fixed income securities	$	400	$	474	$	367	$	438
Other		—		—		59		59

     Maturities for the Company’s investments in fixed income securities as of June24,2012were as follows:

	Amount		Percent
	(In thousands)
Matures in less than one year	$	207	30	%
Matures between one and two years		54	8	%
Matures between two and five years		228	34	%
Matures in excess of five years		192	28	%
	$	681	100	%

     The Company and certain retirement plans that it sponsors invest in a variety of financial instruments. Certain postretirement funds in which the Company participates hold significant amounts of mortgage-backed securities. However, none of the mortgages collateralizing these securities are considered subprime.

     Certain investments are held in trust as compensating balance arrangements for our insurance liability and are classified as long-term based on a maturity date greater than one year from the balance sheet date and management’s intention not to use such assets in the next year.