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Short-Term Investments (Tables)
6 Months Ended
Jun. 27, 2014
Cash and Cash Equivalents [Abstract]  
Summary of Short-Term Investments
The following table summarizes the Company’s short-term investments (in thousands):
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair Value
As of June 27, 2014
 
 
 
 
 
 
 
State, municipal and local government agencies bonds
$
35,412

 
$
41

 
$
(33
)
 
$
35,420

Corporate bonds
30,112

 
16

 
(11
)
 
30,117

Commercial paper
5,694

 

 

 
5,694

U.S. federal government bonds
4,004

 
3

 


 
4,007

Total short-term investments
$
75,222

 
$
60

 
$
(44
)
 
$
75,238

As of December 31, 2013
 
 
 
 
 
 
 
State, municipal and local government agencies bonds
$
40,426

 
$
38

 
$
(15
)
 
$
40,449

Corporate bonds
33,483

 
20

 
(7
)
 
33,496

Commercial paper
2,299

 

 

 
2,299

U.S. federal government bonds
4,004

 
4

 

 
4,008

Total short-term investments
$
80,212

 
$
62

 
$
(22
)
 
$
80,252

Maturities of Short-Term Investments
The following table summarizes the maturities of the Company’s short-term investments (in thousands):
 
June 27, 2014
 
December 31, 2013
Less than one year
$
52,594

 
$
55,278

Due in 1 - 2 years
22,644

 
24,974

Total short-term investments
$
75,238

 
$
80,252