Fair Value Measurements (Tables)

12 Months Ended

Jan. 03, 2014

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 January 3, 2014 (in thousands):

	Fair Value Measurements at Reporting Date Using
			Quoted Prices in					Significant
			Active Markets for		Significant Other			Unobservable
			Identical Assets		Observable Inputs		Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
Assets
Money market securities ⁽¹⁾	$	37,099	$	37,099	$	-	$	-

Fixed income available for sale securities ⁽²⁾		33,171		-		33,171		-

Fixed income trading securities held in deferred compensation plan ⁽³⁾		9,535		9,535		-		-

Equity trading securities held in deferred compensation plan ⁽³⁾		28,444		28,444		-		-

Total	$	108,249	$	75,078	$	33,171	$	-

Liabilities
Deferred compensation plan ⁽⁴⁾		37,926		37,926		-		-

Total	$	37,926	$	37,926	$	-	$	-

⁽¹⁾

Included in cash and cash equivalents on the Company’s consolidated balance sheet.

⁽²⁾

Included in short-term investments on the Company’s consolidated balance sheet.

⁽³⁾

Included in other current assets and deferred compensation plan assets on the Company’s consolidated balance sheet.

⁽⁴⁾

Included in accrued liabilities and deferred compensation on the Company’s consolidated balance sheet.

The fair value of these certain financial assets and liabilities was determined using the following inputs at December 28, 2012 (in thousands):

	Fair Value Measurements at Reporting Date Using
			Quoted Prices in					Significant
			Active Markets for		Significant Other			Unobservable
			Identical Assets		Observable Inputs		Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
Assets
Money market securities ⁽¹⁾	$	49,134	$	49,134	$	-	$	-

Fixed income available for sale securities ⁽²⁾		20,881		-		20,881		-

Fixed income trading securities held in deferred compensation plan ⁽³⁾		9,911		9,911		-		-

Equity trading securities held in deferred compensation plan ⁽³⁾		17,178		17,178		-		-

Total	$	97,104	$	76,223	$	20,881	$	-

Liabilities
Deferred compensation plan ⁽⁴⁾		26,984		26,984		-		-

Total	$	26,984	$	26,984	$	-	$	-

⁽¹⁾

Included in cash and cash equivalents on the Company’s consolidated balance sheet.

⁽²⁾

Included in short-term investments on the Company’s consolidated balance sheet.

⁽³⁾

Included in other current assets and deferred compensation plan assets on the Company’s consolidated balance sheet.

⁽⁴⁾

Included in accrued liabilities and deferred compensation on the Company’s consolidated balance sheet.

Summary of Cost and Estimated Fair Value of Short Term Fixed Income Securities

The following table summarizes the cost and estimated fair value of short-term fixed income securities classified as short-term investments based on remaining effective maturities as of January 3, 2014:

	Amortized		Estimated
(In thousands)	Cost		Fair Value

Due within one year	$	12,740	$	12,744
Due between one and two years		20,415		20,427
Total	$	33,155	$	33,171