FAIR VALUE (Tables)

3 Months Ended

Sep. 29, 2018

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 September 29, 2018 and June 30, 2018:



	Fair Value Measurement at September 29, 2018 Using
	Quoted Prices		Significant
	in Active		Other		Significant
	Markets for		Observable		Unobservable
	Identical Assets		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
	(Thousands)
Assets:
Cash and cash equivalents: ⁽¹⁾
Money market funds	$	273,234	$	—	$	—	$	273,234
Short-term investments:
U.S. Treasury securities	—		3,997		—		3,997
Total assets measured at fair value	$	273,234	$	3,997	$	—	$	277,231


⁽¹⁾	Excludes $64.7 million in cash held in our bank accounts at September 29, 2018.



	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
	(Thousands)
Assets:
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.