Cash, cash equivalents and short-term investments (Tables)

12 Months Ended

Jun. 28, 2024

Cash and Cash Equivalents [Abstract]

Schedule of Cash, Cash Equivalents, and Short-Term Investments

					Fair Value
(in thousands)	Carrying Cost		Unrealized Gain/ (Loss)		Cash and Cash Equivalents		Marketable Securities		Other Investments
As of June 28, 2024
Cash	$	409,938	$	—	$	409,938	$	—	$	—
Cash equivalents	35		—		35		—		—
Certificates of deposit and time deposits	134,288		(5)		—		134,283		—
Corporate debt securities	137,695		(932)		—		136,763		—
U.S. agency and U.S. Treasury securities	177,824		(240)		—		177,584		—
Total	$	859,780	$	(1,177)	$	409,973	$	448,630	$	—
As of June 30, 2023
Cash	$	230,967	$	—	$	230,967	$	—	$	—
Cash equivalents	401		—		401		—		—
Liquidity funds	41,104		—		—		—		41,104
Certificate of deposits	64,278		329		—		64,607		—
Corporate debt securities	161,453		(3,375)		—		158,078		—
U.S. agency and U.S. Treasury securities	55,542		(231)		—		55,311		—
Total	$	553,745	$	(3,277)	$	231,368	$	277,996	$	41,104

Summary of Cost and Estimated Fair Value of Short-term Investments Classified as Available-for-Sale Securities

The following table summarizes the cost and estimated fair value of short-term investments classified as available-for-sale securities based on stated effective maturities as of June 28, 2024 and June 30, 2023:

	June 28, 2024				June 30, 2023
(in thousands)	Carrying Cost		Fair Value		Carrying Cost		Fair Value
Due within one year	$	110,671	$	110,669	$	172,992	$	173,137
Due between one to five years	339,136		337,961		149,385		145,963
Total	$	449,807	$	448,630	$	322,377	$	319,100