Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2023

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

The fair value of these certain financial assets and liabilities was determined using the following inputs at June 30, 2023:

	Fair Value Measurements at Reporting Date Using
(In thousands)	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Money market securities (1)	$	53,290	$	53,290	$	-	$	-
Fixed income trading securities held in deferred    compensation plan (2)		34,241		34,241		-		-
Equity trading securities held in deferred compensation    plan (2)		73,899		73,899		-		-
Total	$	161,430	$	161,430	$	-	$	-
Liabilities
Deferred compensation plan (3)		110,191		110,191		-		-
Total	$	110,191	$	110,191	$	-	$	-

(1)Included in cash and cash equivalents on the Company’s unaudited condensed consolidated balance sheet.

(2)Included in prepaid expenses and other current assets and deferred compensation plan assets on the Company’s unaudited condensed consolidated balance sheet.

(3)Included in accrued payroll and employee benefits and deferred compensation plan liabilities on the Company’s unaudited condensed consolidated balance sheet.

The fair value of these certain financial assets and liabilities was determined using the following inputs at December 30, 2022:

	Fair Value Measurements at Reporting Date Using
(In thousands)	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Money market securities (1)	$	52,159	$	52,159	$	-	$	-
Fixed income trading securities held in deferred    compensation plan (2)		32,851		32,851		-		-
Equity trading securities held in deferred compensation    plan (2)		67,880		67,880		-		-
Total	$	152,890	$	152,890	$	-	$	-
Liabilities
Deferred compensation plan (3)		101,354		101,354		-		-
Total	$	101,354	$	101,354	$	-	$	-

(1)Included in cash and cash equivalents on the Company’s unaudited condensed consolidated balance sheet.

(2)Included in prepaid expenses and other current assets and deferred compensation plan assets on the Company’s unaudited condensed consolidated balance sheet.

Included in accrued payroll and employee benefits and deferred compensation plan liabilities on the Company’s unaudited condensed consolidated balance sheet.

Cash and Cash Equivalents

Cash and cash equivalents consisted of the following as of June 30, 2023:

			Gross		Gross
	Amortized		Unrealized		Unrealized		Estimated
(In thousands)	Cost		Gains		Losses		Fair Value
Classified as current assets:
Cash	$	94,884	$	-	$	-	$	94,884
Cash equivalents:
Money market securities		53,290		-		-		53,290
Total cash equivalents		53,290		-		-		53,290
Total cash and cash equivalents	$	148,174	$	-	$	-	$	148,174

Cash and cash equivalents consisted of the following as of December 30, 2022:

	Amortized		Unrealized		Unrealized		Estimated
(In thousands)	Cost		Gains		Losses		Fair Value
Classified as current assets:
Cash	$	109,299	$	-	$	-	$	109,299
Cash equivalents:
Money market securities		52,159		-		-		52,159
Total cash equivalents		52,159		-		-		52,159
Total cash and cash equivalents	$	161,458	$	-	$	-	$	161,458