Acquisition-Related Contingent Consideration (Tables)

6 Months Ended

Jul. 04, 2015

Reconciliation of Change in Fair Value Measurement of Contingent Consideration Liability

The following table represents a reconciliation of the change in the fair value measurement of the contingent consideration liability for the three and six month periods ended July 4, 2015 and June 28, 2014:

	Three Months Ended					Six Months Ended
	July 4, 2015			June 28, 2014		July 4, 2015			June 28, 2014
	(In thousands)
Opening balance	$	1,108		$	1,435	$	1,134		$	1,384
Changes in fair value		(174	)		46		(200	)		97
Closing balance	$	934		$	1,481	$	934		$	1,481

Balance Sheet Classification of Contingent Consideration Liability

The following table displays the balance sheet classification of the contingent consideration liability account at July 4, 2015 and at January 3, 2015:

	July 4,		January 3,
	2015		2015
	(In thousands)
Other accrued liabilities	$	32	$	59
Other long-term liabilities		902		1,075
Total acquisition-related contingent consideration	$	934	$	1,134

Quantitative Information of Significant Unobservable Inputs of Contingent Consideration Liability

The following table represents the quantitative range of the significant unobservable inputs used in the calculation of fair value of the continent consideration liability as of July 4, 2015. Significant increases or decreases in any of these inputs in isolation would result in a significantly lower (higher) fair value measurement.

	Quantitative Information about Level 3 Fair Value Measurements at July 4, 2015
	Fair Value		Valuation Technique	Unobservable Input	Range (Weighted Average)
	(In thousands, except for percentages)
Revenue Earnout	$	934	Discounted cash flow	Weighted average cost of capital Probability weighting of achieving revenue forecasts		15.0% 20.0% - 80.0% (48.0%)