Note 2: Cash, cash equivalents and short-term investments

Cash, cash equivalents and short-term investments consisted of the following as of December 30, 2011:

	Amortized		Unrealized		Unrealized			Estimated
(In thousands)	Cost		Gains		Losses			Fair Value

Classified as current assets:
Cash	$	39,991	$	-	$	-		$	39,991

Cash equivalents:
Money market securities		44,448		-		-			44,448
Total cash equivalents		44,448		-		-			44,448
Total cash and cash equivalents		84,439		-		-			84,439

Short-term investments:
State and municipal bonds		25,173		91		(4	)		25,260
Total short-term investments		25,173		91		(4	)		25,260

Total cash, cash equivalents
and short-term investments	$	109,612	$	91	$	(4	)	$	109,699

Cash, cash equivalents and short-term investments consisted of the following as of December 31, 2010:

	Amortized		Unrealized		Unrealized		Estimated
(In thousands)	Cost		Gains		Losses		Fair Value

Classified as current assets:
Cash	$	41,782	$	-	$	-	$	41,782

Cash equivalents:
Money market securities		64,767		-		-		64,767
Total cash equivalents		64,767		-		-		64,767
Total cash and cash equivalents		106,549		-		-		106,549

Short-term investments:
State and municipal bonds		-		-		-		-
Total short-term investments		-		-		-		-

Total cash, cash equivalents
and short-term investments	$	106,549	$	-	$	-	$	106,549

All cash equivalents had maturities of three months or less and short-term investments had maturities of 20 months or less, with an average effective maturity of 0.427 years as of December 30, 2011.