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MARKETABLE SECURITIES
6 Months Ended
Jun. 29, 2013
MARKETABLE SECURITIES  
MARKETABLE SECURITIES

NOTE 3        MARKETABLE SECURITIES

 

All marketable securities of the Company were classified as available for sale and were recorded at market value using the specific identification method, and unrealized gains and losses are reflected in accumulated other comprehensive loss in the accompanying consolidated balance sheets.  The aggregate fair value of available for sale securities and the aggregate amount of unrealized gains and losses in available for sale securities at June 29, 2013 were as follows:

 

(In thousands)

 

Aggregate

 

 

 

Aggregate Amount of
Unrealized

 

 

 

Fair Value

 

 

 

Gains

 

 

 

Losses

 

Money market funds

 

$

4,999

 

 

 

$

85

 

 

 

$

-  

 

Certificates of deposit

 

3,575

 

 

 

-  

 

 

 

-  

 

 

 

$

8,574

 

 

 

$

85

 

 

 

$

-  

 

 

The aggregate fair value of available for sale securities and the aggregate amount of unrealized gains and losses in available for sale securities at December 29, 2012 were as follows:

 

(In thousands)

 

Aggregate

 

 

 

Aggregate Amount of
Unrealized

 

 

 

Fair Value

 

 

 

Gains

 

 

 

Losses

 

Money market funds

 

$

4,244

 

 

 

$

86

 

 

 

$

-  

 

Certificates of deposit

 

4,254

 

 

 

-  

 

 

 

-  

 

 

 

$

8,498

 

 

 

$

86

 

 

 

$

-  

 

 

 

 

 

 

 

 

 

The contractual maturities of certificates of deposit were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

 

June 29,

 

 

 

 

 

 

 

2013

 

 

 

 

 

 

 

 

 

0 – 1 Year

 

$

3,575

 

 

 

 

 

 

 

 

 

1 – 2 Years

 

-  

 

 

 

 

 

 

 

 

 

2 – 3 Years

 

-  

 

 

 

 

 

 

 

 

 

3 – 5 Years

 

-  

 

 

 

 

 

 

 

 

 

5 – 10 Years

 

-  

 

 

 

 

 

 

 

 

 

More than 10 years

 

-  

 

 

 

 

 

 

 

 

 

 

 

$

3,575

 

 

 

 

 

 

 

 

 

 

There were no realized gains or losses on the sale of available for sale securities for the three and six months ended June 29, 2013 or the three and six months ended June 30, 2012.