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Fair Value Measures (Tables)
6 Months Ended
Jun. 27, 2015
Fair Value Measurement of Assets and Liabilities on Recurring Basis

The assets or liabilities measured at fair value on a recurring basis are summarized in the table below (in thousands):

 

     As of June 27, 2015  
     Level 1      Level 2      Level 3      Total  

Assets:

           

Cash equivalents

   $ 145,038       $ —         $ —         $ 145,038   
     As of December 27, 2014  
     Level 1      Level 2      Level 3      Total  

Assets:

           

Cash equivalents

   $ 68,846       $ —         $ —         $ 68,846   

Financial Instruments Not Recorded at Fair Value

Financial instruments not recorded at fair value in the consolidated financial statements are summarized in the table below (in thousands):

 

     As of June 27, 2015  
     Level 1      Level 2      Level 3      Total  

Note payable

   $ —         $ 458       $ —         $ 458   
     As of December 27, 2014  
     Level 1      Level 2      Level 3      Total  

Note payable

   $ —         $ 513       $ —         $ 513