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Cash, Cash Equivalents and Short-term Investments (Tables)
12 Months Ended
Dec. 27, 2014
Cash and Cash Equivalents [Abstract]  
Short-Term Investments by Security Type

Investments that we have classified as short-term, by security type, are as follows (in thousands):

 

      At December 27, 2014  
      Amortized
Cost
     Gross
Unrealized
Gains
     Gross
Unrealized
Losses
     Estimated
Fair
Value
 

Municipal securities

   $ 155      $       $       $ 155  

Bank certificates of deposit

     1,000                      1,000  
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 1,155      $       $       $ 1,155  
  

 

 

    

 

 

    

 

 

    

 

 

 
     At December 28, 2013  
     Amortized
Cost
     Gross
Unrealized
Gains
     Gross
Unrealized
Losses
     Estimated
Fair
Value
 

Municipal securities

   $ 1,200      $      $       $ 1,200  
  

 

 

    

 

 

    

 

 

    

 

 

 
Effective Maturities of Short-Term Investments

Effective maturities of short-term investments at December 27, 2014, were as follows:

 

(in thousands)

   Amortized
Cost
     Estimated
Fair Value
 

Due in one year or less

   $ 1,155      $ 1,155  
  

 

 

    

 

 

 
Assets Measured at Fair Value on Recurring Basis

The following table summarizes, by major security type, our assets that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands):

 

     Fair value measurements at December 27, 2014 using:  
     Level 1      Level 2      Level 3      Total estimated
fair value
 

Cash

   $ 66,467      $      $       $ 66,467  

Municipal securities

            155               155  

Money market funds

            4,418               4,418  

Bank certificates of deposit

            1,000               1,000  
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 66,467      $ 5,573      $       $ 72,040  
  

 

 

    

 

 

    

 

 

    

 

 

 
     Fair value measurements at December 28, 2013 using:  
     Level 1      Level 2      Level 3      Total estimated
fair value
 
           

Cash

   $ 44,165      $      $       $ 44,165  

Municipal securities

            1,200               1,200  

Money market funds

            7,503               7,503  
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 44,165      $ 8,703      $       $ 52,868