Fair Value Measurements

9 Months Ended

Oct. 02, 2011

Fair Value Measurements [Abstract]

Fair Value Measurements

Fair Value Measurements

The Company's financial assets and financial liabilities measured at fair value at October 2, 2011 and January 2, 2011 are summarized below (in thousands):

	October 2,			Quoted Prices in Active Markets for Identical Assets/Liabilities		Significant Other Observable Inputs			Significant Unobservable Inputs		Valuation
	2011			(Level 1)		(Level 2)			(Level 3)		Technique
Money markets	$	48,505		$	—	$	48,505		$	—	market approach
Restoration Plan investments	5,714			—		5,714			—		market approach
Restoration Plan liabilities	(6,465		)	—		(6,465		)	—		market approach
Total	$	47,754		$	—	$	47,754		$	—

	January 2,			Quoted Prices in Active Markets for Identical Assets/Liabilities		Significant Other Observable Inputs			Significant Unobservable Inputs		Valuation
	2011			(Level 1)		(Level 2)			(Level 3)		Technique
Money markets	$	63,990		$	—	$	63,990		$	—	market approach
Restoration Plan investments	5,087			—		5,087			—		market approach
Restoration Plan liabilities	(5,517		)	—		(5,517		)	—		market approach
Total	$	63,560		$	—	$	63,560		$	—

The Company invests excess cash in money market funds and reflects these amounts within cash and cash equivalents in the consolidated balance sheets at a net value of 1:1 for each dollar invested. Money market investments held by the Company were invested primarily in government-backed securities at October 2, 2011.

The Company's Restoration Plan investments are considered trading securities and are reported at fair value based on third-party broker statements. Such amounts are reflected within other assets in the consolidated balance sheets. The realized and unrealized holding gains and losses related to these investments are recorded in interest and other income (expense), net in the consolidated statements of income.

The Company's Restoration Plan liabilities reflect Plan participants' contributions to the Plan invested in trading securities and reported at fair value based on third-party broker statements. Such amounts are reflected within other liabilities in the consolidated balance sheets. The Plan participants' realized and unrealized holding gains and losses on their Restoration Plan investments are considered compensation expense and are recorded in general and administrative expense in the consolidated statements of income.

There were no transfers between Level 1 and Level 2 measurements in the fair value hierarchy during the three and nine months ended October 2, 2011.