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Fair Value Measurements (Tables)
9 Months Ended
Sep. 29, 2024
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table summarizes the financial assets and liabilities required to be measured at fair value on a recurring basis as of September 29, 2024 (in thousands):
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
Significant Other
Observable
Inputs (Level 2)
Unobservable Inputs (Level 3)
Assets:
Money market instruments$662 $— $— 
Corporate bonds— 349,198 — 
Treasury notes— 46,372 — 
Certificate of deposit— 13,811 — 
Asset-backed securities— 13,529 — 
Treasury bills— 7,122 — 
Sovereign bonds— 991 — 
Economic hedge forward contracts— 234 — 
Liabilities:
Economic hedge forward contracts— 152 —