INVESTMENTS IN SECURITIES

12 Months Ended

Dec. 29, 2013

INVESTMENTS IN SECURITIES [Abstract]

INVESTMENTS IN SECURITIES

5. 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:

	December 29, 2013				December 30, 2012
	Amortized		Fair		Amortized		Fair
	Cost		Value		Cost		Value
	(In thousands)
Current investments:
Fixed income securities	$	96,902	$	96,902	$	-	$	-

     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.