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Fair Value of Financial Instruments (Tables) | 6 Months Ended
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Sep. 28, 2024
Fair Value Disclosures [Abstract] |
Schedule of Fair Value of Financial Assets and Liabilities | The following summarizes the fair value of our financial instruments at September 28, 2024 (in thousands):
| Quoted Prices in Active Markets for Identical Assets Level 1 |  | Significant Other Observable Inputs Level 2 |  | Significant Unobservable Inputs Level 3 |  | Total
Assets: |  |  |  |  |  |  |
Cash equivalents |  |  |  |  |  |  |
Money market funds | $ | 383,276 |  |  | $ | — |  |  | $ | — |  |  | $ | 383,276 |
Available-for-sale securities |  |  |  |  |  |  |
Corporate debt securities | $ | — |  |  | $ | 249,188 |  |  | $ | — |  |  | $ | 249,188 |
U.S. Treasury securities | 10,341 |  |  | — |  |  | — |  |  | 10,341 |
Agency discount notes | — |  |  | 383 |  |  | — |  |  | 383 |
Commercial paper | — |  |  | 889 |  |  | — |  |  | 889 |
| $ | 10,341 |  |  | $ | 250,460 |  |  | $ | — |  |  | $ | 260,801 |
The following summarizes the fair value of our financial instruments at March 30, 2024 (in thousands):
| Quoted Prices in Active Markets for Identical Assets Level 1 |  | Significant Other Observable Inputs Level 2 |  | Significant Unobservable Inputs Level 3 |  | Total
Assets: |  |  |  |  |  |  |
Cash equivalents |  |  |  |  |  |  |
Money market funds | $ | 439,065 |  |  | $ | — |  |  | $ | — |  |  | $ | 439,065 |
Certificates of deposit | — |  |  | 400 |  |  | — |  |  | 400 |
| $ | 439,065 |  |  | $ | 400 |  |  | $ | — |  |  | $ | 439,465 |
Available-for-sale securities |  |  |  |  |  |  |
Corporate debt securities | $ | — |  |  | $ | 185,393 |  |  | $ | — |  |  | $ | 185,393 |
U.S. Treasury securities | 9,769 |  |  | — |  |  | — |  |  | 9,769 |
Agency discount notes | — |  |  | 1,124 |  |  | — |  |  | 1,124 |
Commercial paper | — |  |  | 866 |  |  | — |  |  | 866 |
| $ | 9,769 |  |  | $ | 187,383 |  |  | $ | — |  |  | $ | 197,152 |

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
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