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Fair Value Measurements (Tables) | 9 Months Ended
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Dec. 23, 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 December 23, 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 December 23, 2022 Using:
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Assets: |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Money market fund deposits | $ | 172,518 |  |  | $ | — |  |  | $ | — |  |  | $ | 172,518 |
Restricted cash: |  |  |  |  |  |  |
Money market fund deposits | 9,822 |  |  | — |  |  | — |  |  | 9,822 |
Other assets (long-term): |  |  |  |  |  |  |
Investments in marketable securities | $ | 12,144 |  |  | $ | — |  |  | $ | — |  |  | $ | 12,144 |
Total assets | $ | 194,484 |  |  | $ | — |  |  | $ | — |  |  | $ | 194,484 |
Liabilities: |  |  |  |  |  |  |
Other long-term liabilities: |  |  |  |  |  |  |
Contingent consideration | $ | — |  |  | $ | — |  |  | $ | 100 |  |  | $ | 100 |
Total liabilities | $ | — |  |  | $ | — |  |  | $ | 100 |  |  | $ | 100 |
| 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 (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 |
Unrealized Gains and Losses on Marketable Securities with a Readily Determinable Fair Value | The following table represents the unrealized gains and losses on investments in marketable securities held with a readily determinable fair value for the nine-month periods ended December 23, 2022 and December 24, 2021:
| Nine-Month Period Ended
| December 23, 2022 |  | December 24, 2021
Net (losses) gains recognized during the period on equity securities | $ | (5) |  |  | $ | 4,482 |
Less: Net gains and losses recognized during the period on equity securities sold during the period | — |  |  | — |
Unrealized (losses) gains recognized during the reporting period on equity securities still held at the reporting date | $ | (5) |  |  | $ | 4,482 |
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 the fiscal year 2021 purchase of Voxtel, Inc. (“Voxtel”), a privately held technology company located in Beaverton, Oregon that develops, manufactures and supplies photonic and advanced 3D imaging technologies (the “Voxtel Acquisition”), for the nine-month periods ended December 23, 2022 and December 24, 2021:
| Level 3 Contingent Consideration
Balance at March 25, 2022 | $ | 2,800 |
Change in fair value of contingent consideration | (2,700) |
Balance at December 23, 2022 | $ | 100 |
Balance at March 26, 2021 | $ | 4,800 |
Change in fair value of contingent consideration | (2,100) |
Balance at December 24, 2021 | $ | 2,700 |

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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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