Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Tables)

v3.2.0.727
Fair Value (Tables)
 6 Months Ended
Jul. 04, 2015
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Carried at Fair Value Measured on Recurring Basis
A financial asset or liability’s classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement. The following table provides the financial assets and liabilities carried at fair value measured on a recurring basis as of July 4, 2015 and December 31, 2014:
 
(In thousands)
Classification
 
Total
 
Level 1
 
Level 2
 
Level 3
Acquisition contingent consideration
 
 
 
 
 
 
 
 
 
July 4, 2015
Current Liabilities
 
$
(308
)
 
—

 
—

 
$
(308
)
December 31, 2014
Current Liabilities
 
—

 
—

 
—

 
—

July 4, 2015
Other Liabilities
 
$
(175
)
 
—

 
—

 
$
(175
)
December 31, 2014
Other Liabilities
 
$
(1,651
)
 
—

 
—

 
$
(1,651
)