Fair Value - Note 3

9 Months Ended

Oct. 02, 2011

Fair Value [Abstract]

Fair Value Disclosure

3. Fair Value

The Company's cash and cash equivalents, short-term investments and restricted cash are carried at fair value, and its accounts receivable and accounts payable are valued at their carrying amounts which approximate fair value due to their short-term nature. The Company had no debt outstanding as of October 2, 2011.

Assets and Liabilities Measured at Fair Value on a Recurring Basis

Assets and liabilities measured at fair value on a recurring basis are shown in the table below by their corresponding balance sheet caption and consisted of the following types of instruments as of October 2, 2011 and December 31, 2010:

	October 2, 2011			December 31, 2010
	Fair Value Measurements at			Fair Value Measurements at
	Reporting Date Using			Reporting Date Using
	(Level 1)	(Level 2)	Total	(Level 1)	(Level 2)	Total
	(thousands)			(thousands)
Assets measured at fair value:
Cash equivalents:
Money market funds	$ 17,045	$         -	$ 17,045	$ 2,885	$         -	$ 2,885
Short-term investments:
United States agency securities	-	-	-	2,151	-	2,151
Other assets:
Equity instruments	141	-	141	164	-	164
Total assets measured at fair value	$ 17,186	$         -	$ 17,186	$ 5,200	$         -	$ 5,200
Liabilities measured at fair value:
Other liabilities:
Deferred compensation	$     141	$         -	$     141	$    164	$         -	$    164

Equity instruments in the preceding table represent plan assets under the Company's Deferred Compensation Plan, which offset corresponding deferred compensation plan liabilities as of the dates presented.