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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Dec. 28, 2024
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis
The following table summarizes financial assets and financial liabilities that are measured and recorded in the consolidated financial statements at fair value on a recurring basis:
 Total Fair Value
Fair Value Measurement Using (a)
(In thousands)Level 1Level 2Level 3
December 2024
Financial assets:
Cash equivalents:
Money market funds$539,061 $539,061 $— $— 
Time deposits37,709 37,709 — — 
Derivative financial instruments91,685 — 91,685 — 
Deferred compensation and other87,789 87,789 — — 
Financial liabilities:
Derivative financial instruments26,828 — 26,828 — 
Deferred compensation84,329 — 84,329 — 
Contingent consulting fees21,951 — — 21,951 
Total Fair Value
Fair Value Measurement Using (a)
(In thousands)Level 1Level 2Level 3
March 2024
Financial assets:
Cash equivalents:
Money market funds$171,931 $171,931 $— $— 
Time deposits54,853 54,853 — — 
Derivative financial instruments32,548 — 32,548 — 
Deferred compensation and other95,236 95,236 — — 
Financial liabilities:
Derivative financial instruments40,234 — 40,234 — 
Deferred compensation90,804 — 90,804 — 
(a)There were no transfers among the levels within the fair value hierarchy during the nine months ended December 2024 or the year ended March 2024.
Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table presents the change in fair value of the contingent consulting fees designated as Level 3:
(In thousands)Contingent Consulting Fees
Balance, September 2024$13,563 
Change in fair value8,388 
Balance, December 2024$21,951