| Schedule of assets and liabilities measured at fair value on a recurring basis |
The following tables provide information regarding the Company’s assets and liabilities measured at fair value on a recurring basis at July 2, 2016 and January 2, 2016.
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July 2, 2016 |
|
Adjusted Cost |
|
Unrealized Gains |
|
Unrealized Losses |
|
Fair Value |
Assets |
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Level 1: |
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Equity securities |
$ |
638 |
|
|
$ |
12 |
|
|
$ |
(35 |
) |
|
$ |
615 |
|
Mutual funds |
2,209 |
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|
36 |
|
|
(267 |
) |
|
1,978 |
|
Subtotal |
$ |
2,847 |
|
|
$ |
48 |
|
|
$ |
(302 |
) |
|
$ |
2,593 |
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Level 2: |
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Corporate fixed income |
$ |
31,649 |
|
|
$ |
121 |
|
|
$ |
(803 |
) |
|
$ |
30,967 |
|
Municipal bonds |
2,979 |
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|
9 |
|
|
(41 |
) |
|
2,947 |
|
Certificates of deposit and time deposits |
1,324 |
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|
— |
|
|
— |
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|
1,324 |
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Asset backed securities |
402 |
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|
2 |
|
|
(1 |
) |
|
403 |
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Subtotal |
$ |
36,354 |
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|
$ |
132 |
|
|
$ |
(845 |
) |
|
$ |
35,641 |
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Total |
$ |
39,201 |
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|
$ |
180 |
|
|
$ |
(1,147 |
) |
|
$ |
38,234 |
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Liabilities |
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|
|
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Level 2: |
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Phantom stock units |
$ |
21 |
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|
$ |
— |
|
|
$ |
— |
|
|
$ |
21 |
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Total |
$ |
21 |
|
|
$ |
— |
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|
$ |
— |
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|
$ |
21 |
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January 2, 2016 |
|
Adjusted Cost |
|
Unrealized Gains |
|
Unrealized Losses |
|
Fair Value |
Assets |
|
|
|
|
|
|
|
Level 1: |
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Equity securities |
$ |
1,318 |
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|
$ |
28 |
|
|
$ |
(36 |
) |
|
$ |
1,310 |
|
Mutual funds |
2,611 |
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|
1 |
|
|
(238 |
) |
|
2,374 |
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Subtotal |
$ |
3,929 |
|
|
$ |
29 |
|
|
$ |
(274 |
) |
|
$ |
3,684 |
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Level 2: |
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Corporate fixed income |
$ |
35,936 |
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|
$ |
8 |
|
|
$ |
(1,682 |
) |
|
$ |
34,262 |
|
Municipal bonds |
2,897 |
|
|
— |
|
|
(94 |
) |
|
2,803 |
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Certificates of deposit and time deposits |
2,947 |
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|
— |
|
|
— |
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|
2,947 |
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Asset backed securities |
498 |
|
|
— |
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(20 |
) |
|
478 |
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Subtotal |
$ |
42,278 |
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|
$ |
8 |
|
|
$ |
(1,796 |
) |
|
$ |
40,490 |
|
Total |
$ |
46,207 |
|
|
$ |
37 |
|
|
$ |
(2,070 |
) |
|
$ |
44,174 |
|
Liabilities |
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|
|
|
|
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Level 2: |
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Phantom stock units |
$ |
17 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
17 |
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Total |
$ |
17 |
|
|
$ |
— |
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|
$ |
— |
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|
$ |
17 |
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|
| Summary of maturities of marketable securities |
Maturities of investments at July 2, 2016 are as follows:
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Adjusted Cost |
|
Fair Value |
Due in less than one year |
$ |
10,758 |
|
|
$ |
10,699 |
|
Due after one year but within five years |
16,658 |
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|
16,218 |
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Due after five years but within ten years |
5,030 |
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|
4,954 |
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Due after ten years |
3,908 |
|
|
3,770 |
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Total |
$ |
36,354 |
|
|
$ |
35,641 |
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