Fair Value of Financial Instruments (Tables)

6 Months Ended

Sep. 26, 2020

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Assets and Liabilities

The following summarizes the fair value of our financial instruments at September 26, 2020 (in thousands):

	Quoted Prices in Active Markets for Identical Assets Level 1		Significant Other Observable Inputs Level 2		Significant Unobservable Inputs Level 3		Total
Assets:
Cash equivalents
Money market funds	$	208,821	$	—	$	—	$	208,821
Available-for-sale securities
Corporate debt securities	$	—	$	349,016	$	—	$	349,016
Non-U.S. government securities	—		10,770		—		10,770
Agency discount notes	—		3,829		—		3,829
U.S. Treasury securities	1,281		—		—		1,281
	$	1,281	$	363,615	$	—	$	364,896

໿

The following summarizes the fair value of our financial instruments at March 28, 2020 (in thousands):

	Quoted Prices in Active Markets for Identical Assets Level 1		Significant Other Observable Inputs Level 2		Significant Unobservable Inputs Level 3		Total
Assets:
Cash equivalents
Money market funds	$	237,714	$	—	$	—	$	237,714
Available-for-sale securities
Corporate debt securities	$	—	$	283,832	$	—	$	283,832
Non-U.S. government securities	—		12,743		—		12,743
U.S. Treasury securities	9,006		—		—		9,006
	$	9,006	$	296,575	$	—	$	305,581