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Fair Value of Financial Instruments (Tables)
3 Months Ended
Jun. 25, 2022
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 25, 2022 (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$302,044 $— $— $302,044 
Available-for-sale securities    
Corporate debt securities$— $67,963 $— $67,963 
Non-U.S. government securities— 499 — 499 
U.S. Treasury securities5,533 — — 5,533 
Agency discount notes— 367 — 367 
$5,533 $68,829 $— $74,362 

The following summarizes the fair value of our financial instruments at March 26, 2022 (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$217,151 $— $— $217,151 
Commercial paper— 249 — 249 
$217,151 $249 $— $217,400 
Available-for-sale securities    
Corporate debt securities$— $68,165 $— $68,165 
Non-U.S. government securities— 500 — 500 
U.S. Treasury securities5,314 — — 5,314 
Agency discount notes— 371 — 371 
$5,314 $69,036 $— $74,350