CASH, CASH EQUIVALENTS, RESTRICTED CASH AND SHORT-TERM INVESTMENTS (Tables)

9 Months Ended

Jun. 29, 2019

Cash, cash equivalents, restricted cash and short-term investments consisted of the following as of June 29, 2019:



(in thousands)	Amortized Cost		Unrealized Gains		Unrealized Losses		Estimated Fair Value
Current assets:
Cash	$	261,806	$	—	$	—	$	261,806
Cash equivalents:
Money market funds ⁽¹⁾	123,726		—		—		123,726
Time deposits ⁽²⁾	10,006		—		—		10,006
Total cash and cash equivalents	$	395,538	$	—	$	—	$	395,538
Restricted Cash ⁽²⁾	474		—		—		474
Total cash, cash equivalents, and restricted cash	$	396,012	$	—	$	—	$	396,012
Short-term investments ⁽²⁾:
Time deposits	149,000		—		—		149,000
Deposits ⁽³⁾	99,000		—		—		99,000
Total short-term investments	$	248,000	$	—	$	—	$	248,000
Total cash, cash equivalents, restricted cash and short-term investments	$	644,012	$	—	$	—	$	644,012


(1)	The fair value was determined using unadjusted prices in active, accessible markets for identical assets, and as such they were classified as Level 1 assets in the fair value hierarchy.


(2)	Fair value approximates cost basis.


(3)	Represents deposits that require a notice period of three months for withdrawal.

Cash, cash equivalents, restricted cash and short-term investments consisted of the following as of September 29, 2018:



(in thousands)	Amortized Cost		Unrealized Gains		Unrealized Losses			Estimated Fair Value
Current assets:
Cash	$	42,446	$	—	$	—		$	42,446
Cash equivalents:
Money market funds ⁽¹⁾	209,172		—		(5		)	209,167
Time deposits ⁽²⁾	69,017		—		—			69,017
Total cash and cash equivalents	$	320,635	$	—	$	(5	)	$	320,630
Restricted Cash ⁽²⁾	518		—		—			518
Total cash, cash equivalents, and restricted cash	$	321,153	$	—	$	(5	)	$	321,148
Short-term investments ⁽²⁾:
Time deposits	197,000		—		—			197,000
Deposits ⁽³⁾	96,000		—		—			96,000
Total short-term investments	$	293,000	$	—	$	—		$	293,000
Total cash, cash equivalents, restricted cash and short-term investments	$	614,153	$	—	$	(5	)	$	614,148


(1)	The fair value was determined using unadjusted prices in active, accessible markets for identical assets, and as such they were classified as Level 1 assets in the fair value hierarchy.


(2)	Fair value approximates cost basis.

(3)

Represents deposits that require a notice period of three months for withdrawal.