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Fair Value (Tables)
12 Months Ended
Jun. 30, 2018
Fair Value Disclosures [Abstract]  
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 tables below by their corresponding balance sheet captions and consisted of the following types of instruments at June 30, 2018 and July 1, 2017:
 
 
Fair Value Measurement at June 30, 2018 Using
 
 
Quoted Prices
 
Significant
 
 
 
 
 
 
in Active
 
Other
 
Significant
 
 
 
 
Markets for
 
Observable
 
Unobservable
 
 
 
 
Identical Assets
 
Inputs
 
Inputs
 
 
 
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Total
Assets:
(Thousands)
Cash and cash equivalents: (1)
 
 
 
 
 
 
 
 
Money market funds
$
153,392

 
$

 
$

 
$
153,392

 
Commercial paper

 
3,999

 

 
3,999

Short-term investments:
 
 
 
 
 
 
 
 
Commercial paper

 
41,401

 

 
41,401

 
Corporate bonds

 
4,100

 

 
4,100

 
U.S. Treasury securities

 
31,939

 

 
31,939

Total assets measured at fair value
$
153,392

 
$
81,439

 
$

 
$
234,831

(1)
Excludes $88.3 million in cash held in our bank accounts at June 30, 2018.
 
 
Fair Value Measurement at July 1, 2017 Using
 
 
Quoted Prices
 
Significant
 
 
 
 
 
 
in Active
 
Other
 
Significant
 
 
 
 
Markets for
 
Observable
 
Unobservable
 
 
 
 
Identical Assets
 
Inputs
 
Inputs
 
 
 
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Total
Assets:
(Thousands)
Cash and cash equivalents: (1)
 
 
 
 
 
 
 
 
Money market funds
$
99,037

 
$

 
$

 
$
99,037

 
Commercial paper

 
22,981

 

 
22,981

 
Corporate bonds

 
2,012

 

 
2,012

 
U.S. agency securities

 
15,981

 

 
15,981

Restricted cash:
 
 
 
 
 
 
 
 
Money market funds
712

 

 

 
712

Short-term investments:
 
 
 
 
 
 
 
 
Commercial paper

 
23,459

 

 
23,459

 
Corporate bonds

 
10,094

 

 
10,094

 
U.S. Treasury securities

 
4,006

 

 
4,006

Total assets measured at fair value
$
99,749

 
$
78,533

 
$

 
$
178,282

(1)
Excludes $79.3 million in cash held in our bank accounts at July 1, 2017.