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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value Table
The following tables present the company’s assets measured at fair value on a recurring basis as of December 31, 2022 and July 2, 2022:
 Assets Measured at Fair Value as of Dec. 31, 2022
 Level 1Level 2Level 3Total
 (In thousands)
Assets:
Cash equivalents
Cash and cash equivalents$204,815 $5,011 $— $209,826 
Other assets (1)
85,306 — — 85,306 
Total assets at fair value$290,121 $5,011 $— $295,132 
(1)
Represents restricted cash balance recorded within other assets in the consolidated balance sheet.

 Assets Measured at Fair Value as of Jul. 2, 2022
 Level 1Level 2Level 3Total
 (In thousands)
Assets:
Cash equivalents
Cash and cash equivalents$625,281 $10,007 $— $635,288 
Other assets (1)
64,290 — — 64,290 
Total assets at fair value$689,571 $10,007 $— $699,578 
(1)
Represents restricted cash balance recorded within other assets in the consolidated balance sheet.