Fair Value of Assets and Liabilities (Tables)

3 Months Ended

Mar. 28, 2020

Fair Value, Assets Measured on Recurring Basis

The following table presents assets measured at fair value by classification within the fair value hierarchy as of December 28, 2019:



	Fair Value Measurements Using
(in thousands)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Cash Equivalents	$	118,999	$	—	$	—	$	118,999
Investments in equity securities	12,969		—		—		12,969
Mutual funds	10,464		—		—		10,464

The following table presents assets measured at fair value by classification within the fair value hierarchy as of March 28, 2020:



	Fair Value Measurements Using
(in thousands)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Cash Equivalents	$	198,221	$	—	$	—	$	198,221
Investments in equity securities	10,529		—		—		10,529
Mutual funds	8,769		—		—		8,769

Fair Value, by Balance Sheet Grouping

The carrying value and estimated fair values of the Company’s Euro Senior Notes, Series A and Series B and USD Senior Notes, Series A and Series B, as of March 28, 2020 and December 28, 2019 were as follows:



	March 28, 2020				December 28, 2019
(in thousands)	Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value
Euro Senior Notes, Series A due 2023	$	128,316	$	121,124	$	129,808	$	131,710
Euro Senior Notes, Series B due 2028	104,189		94,743		105,400		110,336
USD Senior Notes, Series A due 2022	25,000		24,681		25,000		25,054
USD Senior Notes, Series B due 2027	100,000		97,097		100,000		102,548
USD Senior Notes, Series A due 2025	50,000		48,921		50,000		50,775
USD Senior Notes, Series B due 2030	125,000		118,648		125,000		127,701