XML 27 R16.htm IDEA: XBRL DOCUMENT v3.5.0.2
Marketable Securities
 9 Months Ended
Jul. 02, 2016
Marketable Securities [Abstract]  
Marketable Securities
Marketable Securities
The amortized cost and fair value of marketable securities as of July 2, 2016 were as follows:
 
July 2, 2016
 
Amortized cost
 
Gross unrealized gains
 
Gross unrealized losses
 
Fair value
 
(in thousands)
Certificates of deposit
$
680

 
$
—

 
$
—

 
$
680

Commercial paper
9,934

 
—

 
(4
)
 
9,930

Corporate notes/bonds
31,579

 
11

 
—

 
31,590

US government agency securities
2,406

 
—

 
—

 
2,406

 
$
44,599

 
$
11

 
$
(4
)
 
$
44,606


Our investment portfolio consists of certificates of deposit, commercial paper, corporate notes/bonds and government securities that have a maximum maturity of three years. The longer the duration of these securities, the more susceptible they are to changes in market interest rates and bond yields. All unrealized losses are due to changes in market interest rates, bond yields and/or credit ratings.
The following table presents our available-for-sale marketable securities by contractual maturity date, as of July 2, 2016.
 
July 2, 2016
 
Amortized cost
 
Fair value
 
(in thousands)
Due in one year or less
$
11,387

 
$
11,380

Due after one year through three years
33,212

 
33,226

 
$
44,599

 
$
44,606