XML 44 R27.htm IDEA: XBRL DOCUMENT v3.20.1
Fair Value Measurements - (Tables)
3 Months Ended
Mar. 28, 2020
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Carried at Fair Value Measured on a Recurring Basis

The following tables provide the assets and liabilities carried at fair value measured on a recurring basis at March 28, 2020 and December 31, 2019:

 

 

 

 

 

 

 

Fair Value Measurements Using

 

 

 

Carrying

Value

 

 

Quoted Prices in

Active Markets for

Identical Assets

(Level 1)

 

 

Significant Other

Observable Inputs

(Level 2)

 

 

Significant

Unobservable Inputs

(Level 3)

 

March 28, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal notes and bonds

 

$

70,785

 

 

$

 

 

$

70,785

 

 

$

 

Asset-backed securities

 

 

12,159

 

 

 

 

 

 

12,159

 

 

 

 

Certificates of deposit

 

 

32,905

 

 

 

 

 

 

32,905

 

 

 

 

Commercial paper

 

 

42,446

 

 

 

 

 

 

42,446

 

 

 

 

Corporate bonds

 

 

32,334

 

 

 

 

 

 

32,334

 

 

 

 

Foreign currency forward contracts

 

 

283

 

 

 

 

 

 

283

 

 

 

 

Total assets

 

$

190,912

 

 

$

 

 

$

190,912

 

 

$

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration - acquisitions

 

$

569

 

 

$

 

 

$

 

 

$

569

 

Total liabilities

 

$

569

 

 

$

 

 

$

 

 

$

569

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal notes and bonds

 

$

81,108

 

 

$

 

 

$

81,108

 

 

$

 

Asset-backed securities

 

 

10,779

 

 

 

 

 

 

10,779

 

 

 

 

Certificates of deposit

 

 

30,507

 

 

 

 

 

 

30,507

 

 

 

 

Commercial paper

 

 

30,708

 

 

 

 

 

 

30,708

 

 

 

 

Corporate bonds

 

 

36,461

 

 

 

 

 

 

36,461

 

 

 

 

Foreign currency forward contracts

 

 

120

 

 

 

 

 

 

120

 

 

 

 

Total assets

 

$

189,683

 

 

$

 

 

$

189,683

 

 

$

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration - acquisitions

 

$

569

 

 

$

 

 

$

 

 

$

569

 

Total liabilities

 

$

569

 

 

$

 

 

$

 

 

$

569

 

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

This table presents a reconciliation of all liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 28, 2020:

 

 

 

Fair Value Measurements Using

Significant Unobservable Inputs

(Level 3)

 

Balance at December 31, 2019

 

$

569

 

Additions

 

 

 

Payments

 

 

 

Transfer into (out of) Level 3

 

 

 

Balance at March 28, 2020

 

$

569