| Summary of Components of Cash, Cash Equivalents, and Short-Term Investments |
The Company’s cash, cash equivalents, and short-term investments are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value | | (in thousands) | Carrying
Cost | | Unrealized
Gain/
(Loss) | | Cash and
Cash
Equivalents | | Marketable
Securities | | Other
Investments | As of March 31, 2023 | | | | | | | | | | | Cash | $ | 211,433 | | | $ | — | | | $ | 211,433 | | | $ | — | | | $ | — | | | Cash equivalents | 19,320 | | | (10) | | | 19,310 | | | — | | | — | | | Liquidity funds | 40,528 | | | — | | | — | | | — | | | 40,528 | | | Certificates of deposit and time deposits | 44,341 | | | 43 | | | — | | | 44,384 | | | — | | | Corporate debt securities | 215,295 | | | (4,127) | | | — | | | 211,168 | | | — | | | U.S. agency and U.S. treasury securities | 12,054 | | | (154) | | | — | | | 11,900 | | | — | | | Total | $ | 542,971 | | | $ | (4,248) | | | $ | 230,743 | | | $ | 267,452 | | | $ | 40,528 | | As of June 24, 2022 | | | | | | | | | | | Cash | $ | 187,630 | | | $ | — | | | $ | 187,630 | | | $ | — | | | $ | — | | | Cash equivalents | 10,367 | | | (1) | | | 10,366 | | | — | | | — | | | Liquidity funds | 31,477 | | | — | | | — | | | — | | | 31,477 | | | | | | | | | | | | | Corporate debt securities | 234,689 | | | (5,671) | | | — | | | 229,018 | | | — | | | U.S. agency and U.S. treasury securities | 20,007 | | | (345) | | | — | | | 19,662 | | | — | | | Total | $ | 484,170 | | | $ | (6,017) | | | $ | 197,996 | | | $ | 248,680 | | | $ | 31,477 | |
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| Schedule of Available-for-Sale Securities Based on Stated Effective Maturities |
The following table summarizes the cost and estimated fair value of short-term investments classified as available-for-sale securities based on stated effective maturities as of March 31, 2023 and June 24, 2022: | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2023 | | June 24, 2022 | | (in thousands) | Carrying
Cost | | Fair Value | | Carrying
Cost | | Fair Value | | Due within one year | $ | 150,720 | | | $ | 150,547 | | | $ | 101,976 | | | $ | 101,400 | | | Due between one to five years | 161,498 | | | 157,433 | | | 184,197 | | | 178,757 | | | Total | $ | 312,218 | | | $ | 307,980 | | | $ | 286,173 | | | $ | 280,157 | |
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