Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.20.2
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 27, 2020
Fair Value Disclosures [Abstract]  
Classes of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis
The following tables present 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 2020
Financial assets:
Cash equivalents:
Money market funds $ 194,305    $ 194,305    $ —    $ —   
Time deposits 1,455    1,455    —    —   
Foreign currency exchange contracts 4,559    —    4,559    —   
Investment securities 54,549    54,549    —    —   
Financial liabilities:
Foreign currency exchange contracts 10,019    —    10,019    —   
Interest rate swap agreements 18,832    —    18,832    —   
Deferred compensation 54,766    —    54,766    —   
  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    —