Company: COHU
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001437749-25-024281
Chunk: 32

Company: COHU INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 32
---

			714

			-

			-

			714

			Municipal securities

			330

			3

			-

			333

			$
			55,666

			$
			62

			$
			43

			$
			55,685

			(1)

			As of June 28, 2025, the cost and fair value of investments with loss positions were both approximately $16.6 million. As of December 28, 2024, the cost and fair value of investments with loss positions was approximately $20.5 million and $20.4 million, respectively. We evaluated the nature of these investments, credit worthiness of the issuer and the duration of these impairments to determine if a credit loss exists. We have the ability and intent to hold these investments to maturity.

			(2)

			Corporate debt securities include investments in financial and other corporate institutions. No single issuer represents a significant portion of the total corporate debt securities portfolio.

Effective maturities of short-term investments are as follows (in thousands):

			June 28, 2025

			December 28, 2024

			Amortized

			Estimated

			Amortized

			Estimated

			Cost

			Fair Value

			Cost

			Fair Value

			Due in one year or less

			$
			33,170

			$
			33,173

			$
			47,819

			$
			47,855

			Due after one year through five years

			11,783

			11,802

			7,847

			7,830

			$
			44,953

			$
			44,975

			$
			55,666

			$
			55,685

Accounting standards pertaining to fair value measurements establish a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include: Level 1, defined as observable inputs such as quoted prices in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. When available, we use quoted