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Short Term Investments
9 Months Ended
Sep. 26, 2015
Short Term Investments

NOTE 8 – SHORT TERM INVESTMENTS

Short-term investments at September 26, 2015 included U.S. Treasury Bills totaling $65.0 million that mature through March 10, 2016. Short-term investments at December 31, 2014 included U.S. Treasury Bills totaling $65.0 million that matured through June 11, 2015. The weighted-average interest rate on the U.S. Treasury bills is less than one percent. The investments are classified as held-to-maturity and recorded at cost. The fair value of the U.S. Treasury Bills at September 26, 2015 and December 31, 2014 approximated cost.