Fair Value Measurements (Tables)

9 Months Ended

Oct. 02, 2016

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table summarizes the financial assets and liabilities required to be measured at fair value on a recurring basis as of October 2, 2016 (in thousands):

	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant  Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
Assets:
Money market instruments	$	6,354	$	—	$	—
Corporate bonds	—		297,779		—
Treasury bills	—		107,307		—
Asset-backed securities	—		103,522		—
Sovereign bonds	—		53,104		—
Euro liquidity fund	—		49,586		—
Agency bonds	—		23,552		—
Municipal bonds	—		9,455		—
Cash flow hedge forward contracts	—		82		—
Economic hedge forward contracts	—		75		—
Liabilities:
Cash flow hedge forward contracts	—		460		—
Economic hedge forward contracts	—		33		—
Contingent consideration liability	—		—		2,200

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

The following table summarizes the activity for the Company's liability measured at fair value using Level 3 inputs for the nine-month period ended October 2, 2016 (in thousands):

Balance as of December 31, 2015	$	3,000
Payment of contingent consideration	(337		)
Fair value adjustment to the contingent consideration	(463		)
Balance as of October 2, 2016	$	2,200