Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2013

Fair Value, Assets Measured on Recurring Basis

The following table presents the Company's financial assets that are measured at fair value on a recurring basis as of June 30, 2013 and December 30, 2012, consistent with the fair value hierarchy provisions of the authoritative guidance (in thousands):



	As of June 30, 2013								As of December 30, 2012
	Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3
Assets:
Money market funds⁽¹⁾	$	16,410	$	16,410	$	—	$	—	$	21,907	21,907		$	—	$	—
Investment in TowerJazz Semiconductor Ltd. ⁽²⁾	—		—		—		—		345		345		—		—
Total assets	$	16,410	$	16,410	$	—	$	—	$	22,252	$	22,252	$	—	$	—

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⁽¹⁾ Money market funds are presented as a part of cash and cash equivalents on the accompanying consolidated balance sheets as of June 30, 2013 and December 30, 2012.


⁽²⁾	In June 2013, the Company sold 42,970 of the remaining shares of TowerJazz marketable securities for a gain of $181,000 and cash proceeds of $265,000.

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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