Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.19.2
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 29, 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 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
June 2019
 
 
 
 
 
 
 
Financial assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
5,385

 
$
5,385

 
$
—

 
$
—

Time deposits
3,391

 
3,391

 
—

 
—

Derivative financial instruments
855

 
—

 
855

 
—

Investment securities
61,799

 
58,343

 
3,456

 
—

Financial liabilities:
 
 
 
 
 
 
 
Derivative financial instruments
3,972

 
—

 
3,972

 
—

Deferred compensation
61,799

 
—

 
61,799

 
—

 
 
 
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

 
—