FAIR VALUE (Tables)

9 Months Ended

Apr. 01, 2017

Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis are shown in the table below by their corresponding balance sheet caption and consisted of the following types of instruments at April 1, 2017 and July 2, 2016:



	Fair Value Measurement at April 1, 2017 Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
	(Thousands)
Assets:
Cash and cash equivalents: ⁽¹⁾
Money market funds	$	95,825	$	—	$	—	$	95,825
Commercial paper	—		19,996		—		19,996
Corporate bonds	—		22,449		—		22,449
U.S. Treasury securities	—		3,995		—		3,995
U.S. agency securities	—		3,995		—		3,995
Short-term investments:
Commercial paper	—		23,961		—		23,961
Corporate bonds	—		8,051		—		8,051
U.S. Treasury securities	—		3,998		—		3,998
U.S. agency securities	—		3,995		—		3,995
Restricted cash:
Money market funds	712		—		—		712
Total assets measured at fair value	$	96,537	$	90,440	$	—	$	186,977


⁽¹⁾	Excludes $67.8 million in cash held in our bank accounts at April 1, 2017.



	Fair Value Measurement at July 2, 2016 Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
	(Thousands)
Assets:
Cash and cash equivalents: ⁽¹⁾
Money market funds	$	25,004	$	—	$	—	$	25,004
Restricted cash:
Money market funds	712		—		—		712
Total assets measured at fair value	$	25,716	$	—	$	—	$	25,716


⁽¹⁾	Excludes $70.9 million in cash held in our bank accounts at July 2, 2016.