FAIR VALUE (Tables)

12 Months Ended

Dec. 26, 2015

Assets and Liabilities Measured at Fair Value

We apply the provisions of ASC 820, Fair Value Measurements and Disclosures, to assets and liabilities measured at fair value. Assets and liabilities measured at fair value are as follows:



	December 26, 2015						December 27, 2014
(in thousands)	Quoted Prices in Active Markets (Level 1)		Prices with Other Observable Inputs (Level 2)		Total		Quoted Prices in Active Markets (Level 1)		Prices with Other Observable Inputs (Level 2)	Total
Money market funds	$	78,210	—		$	78,210	$	62	—	$	62
Bond funds	—		238		238		—		—	—
Domestic stock funds	—		3,130		3,130		—		—	—
Mutual funds:
Domestic stock funds	3,523		—		3,523		208		—	208
International stock funds	237		—		237		68		—	68
Target funds	230		—		230		198		—	198
Bond funds	172		—		172		157		—	157
Total mutual funds	4,162		—		4,162		693		—	693
Assets at fair value	$	82,372	$	3,368	$	85,740	$	693	—	$	693

Available for Sale Investment Portfolio

Ardellis' available for sale investment portfolio consists of the following:



			Unrealized
	Cost		Gain/Loss			Fair Value
Fixed Income	$	3,362	$	(12	)	$	3,350
Equity	3,438		(45		)	3,393
Total	$	6,800	$	(57	)	$	6,743

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

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