Fair Value of Financial Instruments (Tables)

9 Months Ended

Dec. 30, 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 December 30, 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	$	437,248	$	—	$	—	$	437,248
Available-for-sale securities
Corporate debt securities	$	—	$	96,954	$	—	$	96,954
U.S. Treasury securities	5,026		—		—		5,026
Agency discount notes	—		1,122		—		1,122
	$	5,026	$	98,076	$	—	$	103,102

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