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