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Fair Value of Financial Instruments (Tables) | 12 Months Ended
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Mar. 26, 2016
Fair Value of Financial Instruments [Abstract] |
Schedule of Fair Value of Financial Assets and Liabilities |
﻿ | Quoted Prices |  |  |  |  |  |
﻿ | in Active |  | Significant |  |  |  |
﻿ | Markets for |  | Other |  | Significant |  |
﻿ | Identical |  | Observable |  | Unobservable |  |
﻿ | Assets |  | Inputs |  | Inputs |  |
﻿ | Level 1 |  | Level 2 |  | Level 3 |  | Total
﻿Assets: |  |  |  |  |  |  |  |  |  |  |
﻿Cash equivalents |  |  |  |  |  |  |  |  |  |  |
﻿Money market funds | $ | 79,256 |  | $ | - |  | $ | - |  | $ | 79,256
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿Available-for-sale securities |  |  |  |  |  |  |  |  |  |  |
﻿Corporate debt securities | $ | - |  | $ | 81,213 |  | $ | - |  | $ | 81,213
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿Liabilities: |  |  |  |  |  |  |  |  |  |  |
﻿Other accrued liabilities |  |  |  |  |  |  |  |  |  |  |
﻿Contingent consideration | $ | - |  | $ | - |  | $ | 4,709 |  | $ | 4,709
﻿Other long-term liabilities |  |  |  |  |  |  |  |  |  |  |
﻿Contingent consideration | $ | - |  | $ | - |  | $ | 4,359 |  | $ | 4,359
﻿ The following summarizes the fair value of our financial instruments at March 28, 201 5 (in thousands): ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Quoted Prices |  |  |  |  |  |
﻿ | in Active |  | Significant |  |  |  |
﻿ | Markets for |  | Other |  | Significant |  |
﻿ | Identical |  | Observable |  | Unobservable |  |
﻿ | Assets |  | Inputs |  | Inputs |  |
﻿ | Level 1 |  | Level 2 |  | Level 3 |  | Total
﻿Cash equivalents |  |  |  |  |  |  |  |  |  |  |
﻿Money market funds | $ | 996 |  | $ | - |  | $ | - |  | $ | 996
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿Available-for-sale securities |  |  |  |  |  |  |  |  |  |  |
﻿Corporate debt securities | $ | - |  | $ | 153,836 |  | $ | - |  | $ | 153,836
﻿U.S. Treasury securities |  | 27,995 |  |  | - |  |  | - |  |  | 27,995
﻿Commercial paper |  | - |  |  | 2,487 |  |  | - |  |  | 2,487
﻿ | $ | 27,995 |  | $ | 156,323 |  | $ | - |  | $ | 184,318
﻿
Schedule of Fair Value of Financial Instruments Contingent Consideration |
﻿ |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |
﻿ |  |  | Maximum Value if Milestones Achieved (in thousands) |  | Estimated Discount Rate (%) |  |  | Fair Value (in thousands)
﻿Tranche A - 18 month earn out period |  | $ | 5,000 |  | 7.3 |  | $ | 4,709
﻿Tranche B - 30 month earn out period |  |  | 5,000 |  | 7.7 |  |  | 4,359
﻿ |  | $ | 10,000 |  |  |  | $ | 9,068
﻿
Schedule of Fair Value of Contingent Consideration Rollforward |
﻿ |  |
﻿ | Fiscal year ended
﻿ | March 26,
﻿ | 2016
﻿Beginning balance | $ | -
﻿Acquisition addition |  | 8,600
﻿Loss recognized in earnings (research and development expense) |  | 468
﻿Ending balance | $ | 9,068
﻿

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- Definition Tabular disclosure of quantitative information about the inputs used in the fair value measurement of liabilities. This disclosure may include, but is not limited to, the fair value of the liability, valuation technique used to measure fair value, the inputs used to measure fair value, the ranges of the inputs, and the weighted averages of the inputs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 + Details
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