FAIR VALUE (Tables)

3 Months Ended

Mar. 30, 2019

FAIR VALUE

Assets measured at fair value

	March 30, 2019								March 31, 2018
	Quoted		Prices with						Quoted		Prices with
	Prices in		Other			Prices with			Prices in		Other
	Active		Observable			Unobservable			Active		Observable
	Markets		Inputs			Inputs			Markets		Inputs
(in thousands)	(Level 1)		(Level 2)			(Level 3)	Total		(Level 1)		(Level 2)		Total
Money market funds	$	56	$	549	$	—	$	605	$	65	$	4,744	$	4,809
Fixed income funds		3,860		9,763		—		13,623		2,159		7,111		9,270
Equity securities		8,258		—		—		8,258		7,202		—		7,202
Hedge funds		—		—		1,782		1,782
Mutual funds:
Domestic stock funds		2,151		—		—		2,151		1,158		—		1,158
International stock funds		2,085		—		—		2,085		1,159		—		1,159
Target funds		257		—		—		257		281		743		1,024
Bond funds		799		—		—		799		207		347		554
Alternative funds		1,344		—		—		1,344
Total mutual funds		6,636		—		—		6,636		2,805		1,090		3,895
Total	$	18,810	$	10,312		1,782	$	30,904	$	12,231	$	12,945	$	25,176
Assets at fair value	$	18,810	$	10,312		1,782	$	30,904	$	12,231	$	12,945	$	25,176

Available for sale investment portfolio

Ardellis’ available for sale investment portfolio, including funds held with the State of Michigan, consists of the following (in thousands):

	March 30,2019
			Unrealized
	Cost		Gain/(Loss)		Fair Value
Fixed Income	$	13,565	$	58	$	13,623
Equity		7,235		1,023		8,258
Mutual Funds		5,815		(150)		5,665
Hedge Funds		1,744		38		1,782
Total	$	28,359	$	969	$	29,328