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Fair Value Measurements - (Tables)
9 Months Ended
Oct. 01, 2022
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 October 1, 2022 and January 1, 2022:

 

 

 

 

 

 

 

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)

 

October 1, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal notes and bonds

 

$

171,350

 

 

$

 

 

$

171,350

 

 

$

 

Asset-backed securities

 

 

1,858

 

 

 

 

 

 

1,858

 

 

 

 

Certificates of deposit

 

 

40,280

 

 

 

 

 

 

40,280

 

 

 

 

Commercial paper

 

 

78,083

 

 

 

 

 

 

78,083

 

 

 

 

Corporate bonds

 

 

60,758

 

 

 

 

 

 

60,758

 

 

 

 

           Foreign currency forward contracts

 

 

25

 

 

 

 

 

 

25

 

 

 

 

Total assets

 

$

352,354

 

 

$

 

 

$

352,354

 

 

$

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration - acquisitions

 

$

1,730

 

 

$

 

 

$

 

 

$

1,730

 

Total liabilities

 

$

1,730

 

 

$

 

 

$

 

 

$

1,730

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January 1, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal notes and bonds

 

$

170,980

 

 

$

 

 

$

170,980

 

 

$

 

Asset-backed securities

 

 

2,009

 

 

 

 

 

 

2,009

 

 

 

 

Certificates of deposit

 

 

33,192

 

 

 

 

 

 

33,192

 

 

 

 

Commercial paper

 

 

73,113

 

 

 

 

 

 

73,113

 

 

 

 

Corporate bonds

 

 

62,447

 

 

 

 

 

 

62,447

 

 

 

 

Total assets

 

$

341,741

 

 

$

 

 

$

341,741

 

 

$

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency forward contracts

 

$

26

 

 

$

 

 

$

26

 

 

$

 

Total liabilities

 

$

26

 

 

$

 

 

$

26

 

 

$