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Fair Value Measurements (Tables) | 3 Months Ended
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Jun. 24, 2022
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 June 24, 2022 and March 25, 2022 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 June 24, 2022 Using:
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Assets: |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Money market fund deposits | $ | 96,395 |  |  | $ | — |  |  | $ | — |  |  | $ | 96,395 |
Restricted cash: |  |  |  |  |  |  |
Money market fund deposits | 9,715 |  |  | — |  |  | — |  |  | 9,715 |
Other assets, net (long-term): |  |  |  |  |  |  |
Investments in marketable securities | 8,538 |  |  | — |  |  | — |  |  | 8,538 |
Total assets | $ | 114,648 |  |  | $ | — |  |  | $ | — |  |  | $ | 114,648 |
Liabilities: |  |  |  |  |  |  |
Other long-term liabilities: |  |  |  |  |  |  |
Contingent consideration | $ | — |  |  | $ | — |  |  | $ | 2,600 |  |  | $ | 2,600 |
Total liabilities | $ | — |  |  | $ | — |  |  | $ | 2,600 |  |  | $ | 2,600 |
| Fair Value Measurement at March 25, 2022 Using:
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Assets: |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Money market fund deposits | $ | 16,927 |  |  | $ | — |  |  | $ | — |  |  | $ | 16,927 |
Restricted cash: |  |  |  |  |  |  |
Money market fund deposits | 7,416 |  |  | — |  |  | — |  |  | 7,416 |
Other assets, net (long-term): |  |  |  |  |  |  |
Investments in marketable securities | 12,346 |  |  | — |  |  | — |  |  | 12,346 |
Total assets | $ | 36,689 |  |  | $ | — |  |  | $ | — |  |  | $ | 36,689 |
Liabilities: |  |  |  |  |  |  |
Other long-term liabilities: |  |  |  |  |  |  |
Contingent consideration | — |  |  | — |  |  | 2,800 |  |  | 2,800 |
Total liabilities | $ | — |  |  | $ | — |  |  | $ | 2,800 |  |  | $ | 2,800 |
The following table represents the unrealized gains and losses on investments in marketable securities held with a readily determinable fair value for the three months ended June 24, 2022:
Net losses recognized during the period on equity securities | $ | (3,486) |  |  |
Less: Net gains and losses recognized during the period on equity securities sold during the period | — |  |  |
Unrealized losses recognized during the reporting period on equity securities still held at the reporting date | $ | (3,486) |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation | The following table shows the change in fair value of Level 3 contingent consideration in connection with an acquisition in fiscal year 2021 for the three-month periods ended June 24, 2022 and June 25, 2021:
| Level 3 Contingent Consideration
Balance at March 25, 2022 | $ | 2,800 |
Change in fair value of contingent consideration | (200) |
Balance at June 24, 2022 | $ | 2,600 |
Balance at March 26, 2021 | $ | 4,800 |
Change in fair value of contingent consideration | 300 |
Balance at June 25, 2021 | $ | 5,100 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI https://asc.fasb.org/extlink&oid=123594938&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 https://asc.fasb.org/extlink&oid=126976982&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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126976982&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 https://asc.fasb.org/extlink&oid=126976982&loc=d3e19279-110258 + Details
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