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Fair Value Measurements (Tables)
12 Months Ended
Dec. 28, 2019
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table details our financial assets measured and recorded at fair value on a recurring basis at the end of 2019: 
(In thousands)
 
 
 
 
 
 

 
Fair Value Measurements Using
Description
 
Balance Sheet Classification
 
Level 1
 
Level 2
 
Level 3
 
 
 
 
 
 
 
 
 
Money market funds
 
Cash equivalents
 
$
185,666

 
$

 
$

Time deposits
 
Cash equivalents
 

 
64,286

 

Time deposits
 
Short-term investments
 

 
2,506

 

Government and corporate bonds
 
Short-term investments
 

 
83,313

 

Government and corporate bonds
 
Long-term investments
 

 
96,210

 



The following table details our financial assets measured and recorded at fair value on a recurring basis at the end of 2018:
(In thousands)
 
 
 
 
 
 
 
 
Fair Value Measurements Using
Description
 
Balance Sheet Classification
 
Level 1
 
Level 2
 
Level 3
 
 
 
 
 
 
 
 
 
Money market funds
 
Cash equivalents
 
$
76,471

 
$

 
$

Time deposits
 
Cash equivalents
 

 
71,461

 

Commercial Paper
 
Cash equivalents
 

 
10,000

 

Time deposits
 
Short-term investments
 

 
31,947

 

Commercial paper
 
Short-term investments
 

 
75,354

 

Government and corporate bonds
 
Short-term investments
 

 
293,984

 

Government and corporate bonds
 
Long-term investments
 

 
18,192