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Investments
9 Months Ended
Sep. 27, 2014
Investments [Abstract]  
Investments

Marketable Debt Securities

Investments in marketable debt securities were comprised of the following (in thousands):
 
September 27, 2014
 
Amortized
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair
Value
U.S. Treasury securities
$
32,494

 
$
21

 
$
(3
)
 
$
32,512

Corporate bonds
32,996

 
4

 
(22
)
 
32,978

U.S. Agency bonds
19,568

 
8

 
(13
)
 
19,563

Municipal bonds
8,625

 
20

 

 
8,645

Commercial paper
4,996

 

 
(1
)
 
4,995

 
$
98,679

 
$
53

 
$
(39
)
 
$
98,693

 
December 28, 2013
 
Amortized
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair
Value
U.S. Treasury securities
$
23,975

 
$
15

 
$
(1
)
 
$
23,989

Corporate bonds
35,804

 
3

 
(23
)
 
35,784

U.S. Agency bonds
19,517

 
10

 
(4
)
 
19,523

Municipal bonds
7,474

 
23

 
(2
)
 
7,495

 
$
86,770

 
$
51

 
$
(30
)
 
$
86,791


 
Maturities of marketable debt securities were as follows (in thousands):
 
September 27, 2014
 
December 28, 2013
 
Amortized
Cost
 
Fair
Value
 
Amortized
Cost
 
Fair
Value
Marketable debt securities – current (due in less than one year)
$
55,290

 
$
55,317

 
$
52,122

 
$
52,159

Marketable debt securities – non-current (due in one to two years)
43,389

 
43,376

 
34,648

 
34,632

 
$
98,679

 
$
98,693

 
$
86,770

 
$
86,791



During the three months ended September 27, 2014 and September 28, 2013, $14.6 million and $8.5 million, respectively, of marketable debt securities matured and were redeemed at face value. During the nine months ended September 27, 2014 and September 28, 2013, $38.1 million and $31.8 million, respectively, of marketable debt securities matured and were redeemed at face value. During the nine months ended September 27, 2014, there were no other-than-temporary declines in market value.
 
Other Investments

During 2013, we made a minority equity investment in one of our strategic product-development partners. The carrying value of this investment at September 27, 2014 and December 28, 2013 using the cost method is $4.5 million and is included in other assets on our condensed consolidated balance sheets.