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Fair Value of Financial Instruments (Tables)
6 Months Ended
Sep. 23, 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 September 23, 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$234,017 $— $— $234,017 
Available-for-sale securities    
Corporate debt securities$— $68,251 $— $68,251 
U.S. Treasury securities4,937 — — 4,937 
Agency discount notes— 1,490 — 1,490 
$4,937 $69,741 $— $74,678 

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 securities5,594 — — 5,594 
Agency discount notes— 367 — 367 
$5,594 $65,893 $— $71,487