text: At January 3, 2004, and December 28, 2002, cash, cash 
  
  electric, wood-, pellet-, and gas-burning factory-built fireplaces, fire-  equivalents and investments consisted of the following (cost approxi- 
  
  place inserts, stoves, and gas logs. These products are sold through a  mates market value): 
  
  national system of dealers, wholesalers, large regional contractors, and 
  
  Cash and 
  cash 
  equivalents  Short- 
  term 
  investments  Long- 
  term 
  investments 
  Company-owned retail outlets. The Company’s products are marketed 
  *(In thousands)*
  predominantly in the United States and Canada. The Company exports 
  
  Y E A R - E N D 2 0 0 3 
  *Held-to-maturity securities*
  Municipal bonds 
  U.S. government securities 
  Certificates of deposit 
  
  select products to a limited number of markets outside North America, 
  
  **$ 31,000**
  **–**
  **–**
  
  **$**
  
  **–**
  **–**
  **–** **$ 2,396**
  **–**
  **400**
  principally Latin America and the Caribbean, through its export subsid- 
  
  iary; however, based on sales, these activities are not significant. 
  
  *Available-for-sale securities*
  U.S. treasury notes 
  Money market preferred stock 
  Asset- and mortgage-backed securities 
  
  **Summary of Significant Accounting Policies**