FAIR VALUE MEASUREMENT (Tables)

3 Months Ended

Jul. 02, 2022


	Carrying Value at July 2, 2022		Fair Value at July 2, 2022 Using Inputs Considered as:
(in thousands)			Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	142,362	$	142,362	$	—	$	—
Short-term investments	11,908		11,908		—		—
Derivative instruments	40,032		—		40,032		—

Liabilities:
Derivative instruments	$	754	$	—	$	754	$	—
Long-term debt	1,501,337		—		1,507,708		—


	Carrying Value at April 2, 2022		Fair Value at April 2, 2022 Using Inputs Considered as:
(in thousands)			Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	170,000	$	170,000	$	—	$	—

Short-term investments	13,703		13,703		—		—
Derivative instruments	31,891		—		31,891		—

Liabilities:
Derivative instruments	$	1,828	$	—	$	1,828	$	—

Long-term debt	1,500,283		—		1,521,562		—

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details