Fair Value Measures (Tables)

3 Months Ended

Mar. 26, 2016

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 March 26, 2016
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	32,732	$	—	$	—	$	32,732
	As of December 26, 2015
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	88,108	$	—	$	—	$	88,108

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 March 26, 2016
	Level 1		Level 2		Level 3		Total
Note payable	$	—	$	400	$	—	$	400
	As of December 26, 2015
	Level 1		Level 2		Level 3		Total
Note payable	$	—	$	458	$	—	$	458