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DEFERRED COMPENSATION
3 Months Ended
Jun. 27, 2020
Compensation Related Costs [Abstract]  
DEFERRED COMPENSATION DEFERRED COMPENSATION

As of June 27, 2020, the Company held investments in mutual funds with a fair value totaling $13.2 million, all of which related to debt and equity securities that are held in rabbi trusts under non-qualified deferred compensation plans. The total related deferred compensation liability was $13.1 million at June 27, 2020. As of March 28, 2020, the Company held investments in mutual funds with a fair value totaling $11.8 million, all of which related to debt and equity securities that are held in a rabbi trust under non-qualified deferred compensation plans. The total related deferred compensation liability at March 28, 2020 was $11.7 million.

The securities are classified as trading securities and are recorded on the condensed consolidated balance sheets under "short-term investments". The liability is recorded on the condensed consolidated balance sheets under "other long-term liabilities" and "accrued liabilities".