Fair Value Measures (Tables)
 6 Months Ended
Jun. 25, 2016
Fair Value Measurement of Assets and Liabilities on Recurring Basis

The assets or liabilities measured at fair value on a recurring basis are summarized in the table below (in thousands):

 

     As of June 25, 2016  
     Level 1      Level 2      Level 3      Total  

Assets:

            

Cash equivalents

    $ 26,606       $ —         $ —         $ 26,606   
     As of December 26, 2015  
     Level 1      Level 2      Level 3      Total  

Assets:

            

Cash equivalents

    $ 88,108       $ —         $ —         $ 88,108   
Financial Instruments Not Recorded at Fair Value

Financial instruments not recorded at fair value in the consolidated financial statements are summarized in the table below (in thousands):

 

     As of June 25, 2016  
     Level 1      Level 2      Level 3      Total  

Note payable

    $ —         $ 400       $ —         $ 400   
     As of December 26, 2015  
     Level 1      Level 2      Level 3      Total  

Note payable

    $ —         $ 458       $ —         $ 458