Marketable Securities and Equity-Method Affiliates

9 Months Ended

Sep. 28, 2013

Marketable Securities and Equity-Method Affiliates [Abstract]

Marketable Securities and Equity-Method Affiliates

MARKETABLE SECURITIES AND EQUITY-METHOD AFFILIATES

Marketable Securities

Investments in marketable securities are reported at fair value and consist of time deposits. The carrying value for these time deposits approximates fair value. The amortized cost, gross unrealized gains, gross unrealized losses and fair value for marketable securities by major security type were as follows:

	September 28, 2013
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Time deposits	$	11,084	$	—	$	—	$	11,084
	$	11,084	$	—	$	—	$	11,084

	December 29, 2012
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Time deposits	$	6,781	$	—	$	—	$	6,781
	$	6,781	$	—	$	—	$	6,781

Maturities of debt securities were as follows:

	September 28, 2013				December 29, 2012
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due less than one year	$	11,084	$	11,084	$	6,781	$	6,781
Due after one year through five years	—		—		—		—
Due after ten years	—		—		—		—
	$	11,084	$	11,084	$	6,781	$	6,781

Equity-Method Affiliates

We have invested in two limited partnerships that are accounted for under the equity-method. In 2009, we entered into a limited partnership that invests in biotechnology and medical device companies. We committed $20,000, or approximately 12%, of the limited partnership's total committed capital. As of September 28, 2013, we have contributed $9,420 of our total committed capital of $20,000. During the first quarter of 2013, we entered into a second limited partnership that invests in technology and life sciences companies with an emphasis on early stage investments. We committed $10,000, or approximately 4% of the limited partnership's total committed capital. As of September 28, 2013, we have contributed $2,075 to the limited partnership.

We recognized equity-method gains of $4,832 for the nine months ended September 28, 2013 related to these limited partnerships. These gains are reported within other income (expense). As of September 28, 2013, Equity Method Affiliates had a carrying value of $15,999, which is reported in Other Assets, Non-current, on the consolidated balance sheets.