Fair Value Measurements (Tables)

12 Months Ended

Jan. 01, 2016

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 1, 2016 (in thousands):

	Fair Value Measurements at Reporting Date Using
	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⁾	$	10,530	$	10,530	$	-	$	-

Fixed income available for sale securities ⁽²⁾		45,842		-		45,842		-

Fixed income trading securities held in deferred compensation plan ⁽³⁾		9,295		9,295		-		-

Equity trading securities held in deferred compensation plan ⁽³⁾		33,645		33,645		-		-

Total	$	99,312	$	53,470	$	45,842	$	-

Liabilities
Deferred compensation plan ⁽⁴⁾		46,740		46,740		-		-

Total	$	46,740	$	46,740	$	-	$	-

⁽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 January 2, 2015 (in thousands):

	Fair Value Measurements at Reporting Date Using
	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⁾	$	45,478	$	45,478	$	-	$	-

Fixed income available for sale securities ⁽²⁾		24,913		-		24,913		-

Fixed income trading securities held in deferred compensation plan ⁽³⁾		9,672		9,672		-		-

Equity trading securities held in deferred compensation plan ⁽³⁾		34,176		34,176		-		-

Total	$	114,239	$	89,326	$	24,913	$	-

Liabilities
Deferred compensation plan ⁽⁴⁾		45,394		45,394		-		-

Total	$	45,394	$	45,394	$	-	$	-

⁽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 1, 2016:

	Amortized		Estimated
(In thousands)	Cost		Fair Value

Due within one year	$	19,948	$	19,950
Due between one and two years		26,000		25,892
Total	$	45,948	$	45,842