Fair value of financial instruments (Tables)

The following table provides details of the financial instruments measured at fair value on a recurring basis, including:


	Fair Value Measurements at Reporting Date Using
(amount in thousands)	Level 1		Level 2			Level 3		Total
As of December 29, 2017
Assets
Cash equivalents	$	—	$	5,128		$	—	$	5,128
Corporate bonds and commercial papers		—		106,481			—		106,481
U.S. agency and U.S. treasury securities		—		38,633			—		38,633
Sovereign and municipal securities		—		4,289			—		4,289
Derivative assets		—		105	⁽¹⁾		—		105

Total	$	—	$	154,636		$	—	$	154,636


	Fair Value Measurements at Reporting Date Using
(amount in thousands)	Level 1		Level 2			Level 3		Total
As of June 30, 2017
Assets
Cash equivalents	$	—	$	2,585		$	—	$	2,585
Corporate bonds and commercial papers		—		98,274			—		98,274
U.S. agency and U.S. treasury securities		—		50,666			—		50,666
Sovereign and municipal securities		—		2,510			—		2,510
Derivative assets		—		15	⁽²⁾		—		15

Total	$	—	$	154,050		$	—	$	154,050

⁽¹⁾	Foreign currency forward contracts with notional amount of $31.5 million and Canadian dollars 0.3 million.

⁽²⁾	Foreign currency forward contracts with notional amount of $1.0 million and Canadian dollars 0.6 million.

- 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.

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