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Fair Value Measurements (Tables)
6 Months Ended
Jul. 02, 2017
Fair Value Disclosures [Abstract]  
Schedule of financial assets measured at fair value on a recurring basis
The following table presents the Company's financial assets that are measured at fair value on a recurring basis as of July 2, 2017 and January 1, 2017, consistent with the fair value hierarchy provisions of the authoritative guidance (in thousands):
 
 
July 2, 2017
 
January 1, 2017
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
Assets:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Money market funds (1)
$
21,576

 
$
6,655

 
$
14,921

 
$

 
$
14,692

 
$
1,338

 
$
13,354

 
$

Total assets
$
21,576

 
$
6,655

 
$
14,921

 
$

 
$
14,692

 
$
1,338

 
$
13,354

 
$

_________________
 
(1)           Money market funds are presented as a part of cash and cash equivalents on the accompanying consolidated balance sheets as of July 2, 2017 and January 1, 2017.