Fair Value Measurements and Disclosures (Tables)

9 Months Ended

Sep. 28, 2019

Assets and Liabilities Measured at Estimated Fair Value on Recurring Basis Excluding Accrued Interest Components

The following tables present the Company’s assets and liabilities measured at estimated fair value on a recurring basis, excluding accrued interest components, categorized in accordance with the fair value hierarchy (in thousands), as of the following dates:

	September 28, 2019								December 29, 2018
	Fair Value Measurements Using Input Types								Fair Value Measurements Using Input Types
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	9,162	$	—	$	—	$	9,162	$	113	$	—	$	—	$	113
Commercial paper		—		5,985		—		5,985		—		1,993		—		1,993
Certificates of deposit		—		1,000		—		1,000		—		—		—		—
Total cash equivalents	$	9,162	$	6,985	$	—	$	16,147	$	113	$	1,993	$	—	$	2,106

Marketable securities:
Certificates of deposits	$	—	$	29,007	$	—	$	29,007	$	—	$	9,497	$	—	$	9,497
Commercial paper		—		16,759		—		16,759		—		7,932		—		7,932
Corporate debt securities		—		36,927		—		36,927		—		15,730		—		15,730
Asset-backed Securities		—		10,408		—		10,408		—		7,682		—		7,682
Total marketable securities	$	—	$	93,101	$	—	$	93,101	$	—	$	40,841	$	—	$	40,841
Total⁽¹⁾	$	9,162	$	100,086	$	—	$	109,248	$	113	$	42,834	$	—	$	42,947

⁽¹⁾

^{Excludes $34.9 million and $108.8 million held in operating accounts as of September 28, 2019 and December 29, 2018, respectively. See “Note 6. Cash and Investments” of the Notes to Condensed Consolidated Financial Statements for more information.}

Notional Amounts and Fair Values of Outstanding Derivative Instruments

The following table presents the notional amounts and fair values of the Company’s outstanding derivative instruments in U.S. Dollar equivalent as of the following dates (in millions):

	September 28, 2019						December 29, 2018
			Fair Value						Fair Value
	Notional Amount		Asset		Liability		Notional Amount		Asset		Liability
Undesignated Hedges:
Forward Foreign Currency Contracts
Purchase	$	30.9	$	—	$	0.1	$	25.9	$	—	$	—
Sell	$	—	$	—	$	—	$	21.8	$	—	$	0.2