Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.19.2
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 30, 2019
Fair Value Disclosures [Abstract]  
Classes of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis

The following table summarizes financial assets and financial liabilities that are measured and recorded in the combined financial statements at fair value on a recurring basis:
 
Total Fair  Value
 
Fair Value Measurement Using
(In thousands)
 
Level 1
 
Level 2
 
Level 3
March 2019
 
 
 
 
 
 
 
Financial assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
7,686

 
$
7,686

 
$

 
$

Time deposits
3,691

 
3,691

 

 

Investment securities
50,782

 
50,782

 

 

Financial liabilities:
 
 
 
 
 
 
 
Deferred compensation
50,782

 

 
50,782

 

 
Total Fair  Value
 
Fair Value Measurement Using
(In thousands)
 
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