Fair Value of Financial Instruments (Tables)

3 Months Ended

Jun. 26, 2021

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Assets and Liabilities

The following summarizes the fair value of our financial instruments at June 26, 2021 (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	$	333,623	$	—	$	—	$	333,623
Available-for-sale securities
Corporate debt securities	$	—	$	355,331	$	—	$	355,331
Non-U.S. government securities	—		13,060		—		13,060
Agency discount notes	—		3,755		—		3,755
	$	—	$	372,146	$	—	$	372,146

The following summarizes the fair value of our financial instruments at March 27, 2021 (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	$	405,819	$	—	$	—	$	405,819
Available-for-sale securities
Corporate debt securities	$	—	$	352,061	$	—	$	352,061
Non-U.S. government securities	—		13,633		—		13,633
Agency discount notes	—		2,762		—		2,762
	$	—	$	368,456	$	—	$	368,456