Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.20.1
FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 28, 2019
Fair Value Disclosures [Abstract]  
Classes of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis
The following table presents financial assets and financial liabilities that are measured and recorded in the Company's financial statements at fair value on a recurring basis:
 
 
 
Fair Value Measurement Using
(In thousands)
Total Fair Value
 
Level 1
 
Level 2
 
Level 3
December 2019
 
 
 
 
 
 
 
Financial assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
25,706

 
$
25,706

 
$
—

 
$
—

Time deposits
4,788

 
4,788

 
—

 
—

Foreign currency exchange contracts
5,563

 
—

 
5,563

 
—

Investment securities
59,922

 
56,437

 
3,485

 
—

Financial liabilities:
 
 
 
 
 
 
 
Foreign currency exchange contracts
2,795

 
—

 
2,795

 
—

Interest rate swap agreements
3,089

 
—

 
3,089

 
—

Deferred compensation
60,129

 
—

 
60,129

 
—


 
 
 
Fair Value Measurement Using
(In thousands)
Total Fair Value
 
Level 1
 
Level 2
 
Level 3
December 2018
 
 
 
 
 
 
 
Financial assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
21,687

 
$
21,687

 
$
—

 
$
—

Time deposits
2,518

 
2,518

 
—

 
—

Investment securities
46,666

 
46,666

 
—

 
—

Financial liabilities:
 
 
 
 
 
 
 
Deferred compensation
46,666

 
—

 
46,666

 
—