CASH, CASH EQUIVALENTS, RESTRICTED CASH AND SHORT-TERM INVESTMENTS (Tables)

9 Months Ended

Jun. 27, 2020

Cash, cash equivalents, and short-term investments consisted of the following as of June 27, 2020:



(in thousands)	Amortized Cost		Unrealized Gains		Unrealized Losses		Estimated Fair Value
Current assets:
Cash	$	165,213	$	—	$	—	$	165,213
Cash equivalents:
Money market funds ⁽¹⁾	126,555		—		—		126,555
Time deposits ⁽²⁾	30,007		—		—		30,007
Total cash and cash equivalents	$	321,775	$	—	$	—	$	321,775
Short-term investments ⁽²⁾:
Time deposits	95,000		—		—		95,000
Deposits ⁽³⁾	99,000		—		—		99,000
Total short-term investments	$	194,000	$	—	$	—	$	194,000
Total cash, cash equivalents and short-term investments	$	515,775	$	—	$	—	$	515,775


(1)	The fair value was determined using unadjusted prices in active, accessible markets for identical assets, and as such they were classified as Level 1 assets in the fair value hierarchy.


(2)	Fair value approximates cost basis.


(3)	Represents deposits that require a notice period of three months for withdrawal.

Cash, cash equivalents and short-term investments consisted of the following as of September 28, 2019:



(in thousands)	Amortized Cost		Unrealized Gains		Unrealized Losses		Estimated Fair Value
Current assets:
Cash	$	201,005	$	—	$	—	$	201,005
Cash equivalents:
Money market funds ⁽¹⁾	163,172		—		—		163,172
Time deposits ⁽²⁾	7		—		—		7
Total cash and cash equivalents	$	364,184	$	—	$	—	$	364,184
Short-term investments ⁽²⁾:
Time deposits	130,000		—		—		130,000
Deposits ⁽³⁾	99,000		—		—		99,000
Total short-term investments	$	229,000	$	—	$	—	$	229,000
Total cash, cash equivalents and short-term investments	$	593,184	$	—	$	—	$	593,184


(1)	The fair value was determined using unadjusted prices in active, accessible markets for identical assets, and as such they were classified as Level 1 assets in the fair value hierarchy.


(2)	Fair value approximates cost basis.

(3)

Represents deposits that require a notice period of three months for withdrawal.