Strategic Investments	6 Months Ended
Jun. 29, 2014
Strategic Investments	Note 13 – Strategic Investments The company has certain strategic investments that are typically accounted for on a cost basis as they are less than 20% owned, and the company does not exercise significant influence over the operating and financial policies of the investee. Under the cost method, investments are held at historical cost, less impairments. The company periodically assesses the need to record impairment losses on investments and records such losses when the impairment of an investment is determined to be other-than-temporary in nature. A variety of factors are considered when determining if a decline in fair value below book value is other-than-temporary, including, among others, the financial condition and prospects of the investee. During the second quarter of 2014, the company’s strategic investment of $0.7 million was sold for $2.1 million resulting in a gain of $1.4 million. During the first quarter of 2013, as a result of the failure of certain funding plans for one of the strategic investments, the company evaluated the investment for impairment. Based on the current financial position of the investee and the lack of future cash flow funding, the company determined that the investment was impaired and wrote off the full value of $3.0 million.

Strategic Investments

6 Months Ended

Jun. 29, 2014

Note 13 – Strategic Investments

The company has certain strategic investments that are typically accounted for on a cost basis as they are less than 20% owned, and the company does not exercise significant influence over the operating and financial policies of the investee. Under the cost method, investments are held at historical cost, less impairments. The company periodically assesses the need to record impairment losses on investments and records such losses when the impairment of an investment is determined to be other-than-temporary in nature. A variety of factors are considered when determining if a decline in fair value below book value is other-than-temporary, including, among others, the financial condition and prospects of the investee.

During the second quarter of 2014, the company’s strategic investment of $0.7 million was sold for $2.1 million resulting in a gain of $1.4 million.

During the first quarter of 2013, as a result of the failure of certain funding plans for one of the strategic investments, the company evaluated the investment for impairment. Based on the current financial position of the investee and the lack of future cash flow funding, the company determined that the investment was impaired and wrote off the full value of $3.0 million.