| Amortized Cost and Fair Value of Available-for-Sale Investments |
The amortized cost and fair values of available-for-sale investments are as follows at September 26, 2026 and December 27, 2025 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Amortized
Cost |
|
|
Gross
Unrealized
Gains |
|
|
Gross
Unrealized
Losses |
|
|
Fair Value |
|
| September 26, 2026 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Money market investments |
|
$ |
5,557 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
5,557 |
|
| Asset-backed securities |
|
|
12,827 |
|
|
|
— |
|
|
|
1,267 |
|
|
|
11,560 |
|
| Corporate bonds, commercial paper and direct obligations of government agencies |
|
|
113,059 |
|
|
|
26 |
|
|
|
2,073 |
|
|
|
111,012 |
|
| U.S. Treasury obligations |
|
|
20,528 |
|
|
|
— |
|
|
|
36 |
|
|
|
20,492 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
$ |
151,971 |
|
|
$ |
26 |
|
|
$ |
3,376 |
|
|
$ |
148,621 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| December 27, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Money market investments |
|
$ |
15,046 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
15,046 |
|
| Asset-backed securities |
|
|
19,380 |
|
|
|
43 |
|
|
|
1,128 |
|
|
|
18,295 |
|
| Corporate bonds, commercial paper and direct obligations of government agencies |
|
|
103,425 |
|
|
|
1,097 |
|
|
|
523 |
|
|
|
103,999 |
|
| U.S. Treasury obligations |
|
|
9,666 |
|
|
|
7 |
|
|
|
— |
|
|
|
9,673 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
$ |
147,517 |
|
|
$ |
1,147 |
|
|
$ |
1,651 |
|
|
$ |
147,013 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Unrealized Loss on Available-for-Sale Investments |
For those available-for-sale investments with unrealized losses at September 26, 2026 and December 27, 2025, the following table summarizes the duration of the unrealized loss (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Less than 12 months |
|
|
12 months or longer |
|
|
Total |
|
| |
|
Fair
Value |
|
|
Unrealized
Loss |
|
|
Fair
Value |
|
|
Unrealized
Loss |
|
|
Fair
Value |
|
|
Unrealized
Loss |
|
| September 26, 2026 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Asset-backed securities |
|
$ |
4,441 |
|
|
$ |
203 |
|
|
$ |
7,119 |
|
|
$ |
1,064 |
|
|
$ |
11,560 |
|
|
$ |
1,267 |
|
| Corporate bonds, commercial paper, and direct obligations of government agencies |
|
|
94,588 |
|
|
|
1,495 |
|
|
|
4,498 |
|
|
|
578 |
|
|
|
99,086 |
|
|
|
2,073 |
|
| U.S. Treasury obligations |
|
|
20,492 |
|
|
|
36 |
|
|
|
— |
|
|
|
— |
|
|
|
20,492 |
|
|
|
36 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
$ |
119,521 |
|
|
$ |
1,734 |
|
|
$ |
11,617 |
|
|
$ |
1,642 |
|
|
$ |
131,138 |
|
|
$ |
3,376 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| December 27, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Asset-backed securities |
|
$ |
2,768 |
|
|
$ |
386 |
|
|
$ |
10,425 |
|
|
$ |
742 |
|
|
$ |
13,193 |
|
|
$ |
1,128 |
|
| Corporate bonds, commercial paper, and direct obligations of government agencies |
|
|
16,772 |
|
|
|
56 |
|
|
|
13,818 |
|
|
|
467 |
|
|
|
30,590 |
|
|
|
523 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
$ |
19,540 |
|
|
$ |
442 |
|
|
$ |
24,243 |
|
|
$ |
1,209 |
|
|
$ |
43,783 |
|
|
$ |
1,651 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|