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Marketable Securities
 12 Months Ended
Dec. 31, 2011
Marketable Securities [Abstract]  
Marketable Securities

NOTE 3 MARKETABLE SECURITIES

The Company's portfolio of marketable securities was as follows:

 

                 
(In thousands)    December 31,
2011		      January 1,
2011		  

U.S. government and agency debt securities

    $ —         $ 23,181   

Corporate debt securities

      —           78,286   

Equity securities

      542         548   

Certificates of deposit

      4,245         7,177   
    

 

 

     

 

 

  
     $ 4,787       $ 109,192   
    

 

 

     

 

 

  

All marketable securities 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 income (loss) in the accompanying consolidated balance sheets. The aggregate fair value of available for sale securities and aggregate amount of unrealized gains and losses for available for sale securities at December 31, 2011 were as follows:

 

      $000,0000       $000,0000       $000,0000  
     Aggregate
Fair  Value		      Aggregate Amount
of Unrealized		  
(In thousands)       Gains      Losses  

Equity securities

    $ 542       $ 93       $ —     

Certificates of deposit

      4,245         —           —     
    

 

 

     

 

 

     

 

 

  
     $ 4,787       $ 93       $ —     
    

 

 

     

 

 

     

 

 

  

 

The aggregate fair value of available for sale securities and the aggregate amount of unrealized gains and losses for available for sale securities at January 1, 2011 were as follows:

 

                         
     Aggregate
Fair  Value		      Aggregate Amount
of Unrealized		  
(In thousands)       Gains      Losses  

U.S. government and agency debt securities

    $ 23,181       $ 130       $ (7 ) 

Corporate debt securities

      78,286         18         (34 ) 

Equity securities

      548         65         —     

Certificates of deposit

      7,177         —           —     
    

 

 

     

 

 

     

 

 

  
     $ 109,192       $ 213       $ (41 ) 
    

 

 

     

 

 

     

 

 

  

 

                                 
     Marketable Securities In Cumulative
Unrealized Loss Positions		  
     Less Than 12 Months     More Than 12 Months  
(In thousands)    Aggregate
Fair Value		      Unrealized
Loss		     Aggregate
Fair Value		      Unrealized
Loss		  

U.S. government and agency debt securities

    $ 17,754       $ (7 )    $ —         $ —     

Corporate debt securities

      40,469         (34 )      —           —     
    

 

 

     

 

 

    

 

 

     

 

 

  
     $ 58,223       $ (41 )    $ —         $ —     
    

 

 

     

 

 

    

 

 

     

 

 

  

The contractual maturities of available for sale securities were as follows:

 

                 
(In thousands)    December 31,
2011		      January 1,
2011		  

0 – 1 Year

    $ 4,245       $ 105,262   

1 – 2 Years

      —           —     

2 – 3 Years

      —           —     

3 – 5 Years

      —           887   

5 – 10 Years

      —           —     

More than 10 years

      —           2,495   
    

 

 

     

 

 

  
     $ 4,245       $ 108,644   
    

 

 

     

 

 

  

The gross realized gains and losses on sales of available for sale securities were as follows:

 

                         
     Year Ended  
(In thousands)    December 31,
2011		      January 1,
2011		      January 2,
2010		  

Gross realized gains

    $ 69       $ 125       $ 4   

Gross realized losses

      —           —           (314 ) 
    

 

 

     

 

 

     

 

 

  
     $ 69       $ 125       $ (310 )