Fair Value of Financial Instruments (Tables)

3 Months Ended

Jun. 24, 2023

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 24, 2023 (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	$	302,260	$	—	$	—	$	302,260
Available-for-sale securities
Corporate debt securities	$	—	$	67,152	$	—	$	67,152
U.S. Treasury securities	5,060		—		—		5,060
Agency discount notes	—		1,582		—		1,582
	$	5,060	$	68,734	$	—	$	73,794

The following summarizes the fair value of our financial instruments at March 25, 2023 (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	$	406,265	$	—	$	—	$	406,265
Available-for-sale securities
Corporate debt securities	$	—	$	65,019	$	—	$	65,019
Non-U.S. government securities	—		507		—		507
U.S. Treasury securities	5,594		—		—		5,594
Agency discount notes	—		367		—		367
	$	5,594	$	65,893	$	—	$	71,487