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Fair Value Measurements (Tables)
6 Months Ended
Jun. 27, 2021
Fair Value Disclosures [Abstract]  
Summary of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table summarizes assets and liabilities measured at fair value on a recurring basis as of June 27, 2021 and December 31, 2020:

As of June 27, 2021As of December 31, 2020
TotalQuoted market
prices in active
markets
(Level 1)
Significant
other
observable
inputs
(Level 2)
TotalQuoted market
prices in active
markets
(Level 1)
Significant
other
observable
inputs
(Level 2)
(In thousands)
Assets:
Cash equivalents: money-market funds (<90 days)
$21,932 $21,932 $— $1,934 $1,934 $— 
Available-for-sale securities: U.S. treasuries (1)
— — — 19,997 19,997 — 
Foreign currency forward contracts (2)
— — — 24 — 24 
Total assets measured at fair value$21,932 $21,932 $— $21,955 $21,931 $24 
Liabilities:
Foreign currency forward contracts (3)
$20 $— $20 $199 $— $199 
Total liabilities measured at fair value$20 $— $20 $199 $— $199 
_________________________
(1)Included in Short-term investments on the Company’s unaudited condensed consolidated balance sheets.
(2)Included in Prepaid expenses and other current assets on the Company’s unaudited condensed consolidated balance sheets.
(3)Included in Accrued liabilities on the Company’s unaudited condensed consolidated balance sheets.