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Fair Value Measurements (Tables)

12 Months Ended

Mar. 26, 2021

Fair Value Disclosures [Abstract]

Fair Value, by Balance Sheet Grouping

The following tables present information about the Company’s financial assets and liabilities as of March 26, 2021 and March 27, 2020 measured at fair value on a recurring basis and indicate the level of the fair value hierarchy utilized to determine such fair values:

			Fair Value Measurement at March 26, 2021 Using:
			Level 1						Level 2						Level 3						Total
Assets:
Cash equivalents:
Money market fund deposits			$	16,327					$	—					$	—					$	16,327
Restricted cash:
Money market fund deposits			6,661						—						—						6,661
Total assets			$	22,988					$	—					$	—					$	22,988
Liabilities:
Other long-term liabilities:
Contingent consideration			$	—					$	—					$	4,800					$	4,800
Total liabilities			$	—					$	—					$	4,800					$	4,800

			Fair Value Measurement at March 27, 2020 Using:
			Level 1						Level 2						Level 3						Total
Assets:
Cash equivalents:
Money market fund deposits			$	46,337					$	—					$	—					$	46,337
Restricted cash:
Money market fund deposits			5,385						—						—						5,385
Total assets			$	51,722					$	—					$	—					$	51,722

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table shows the change in fair value of Level 3 contingent consideration:

			Level 3 Contingent  Consideration
Balance at March 27, 2020			$	—
Purchase price contingent consideration (Note 3)			7,300
Change in fair value of contingent consideration			(2,500)
Balance at March 26, 2021			$	4,800

X

- 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13467-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

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X

- References

No definition available.

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X

- 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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258

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