Fair Value of Financial Instruments (Tables)

12 Months Ended

Jun. 26, 2016

The following table sets forth financial instruments carried at fair value within the U.S. GAAP hierarchy (in thousands):



	June 26, 2016								June 28, 2015
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Municipal bonds	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Non-U.S. certificates of deposit	—		137		—		137		—		157		—		157
Money market funds	576		—		—		576		16,457		—		—		16,457
Total cash equivalents	576		137		—		713		16,457		157		—		16,614
Short-term investments
Municipal bonds	—		190,440		—		190,440		—		194,770		—		194,770
Corporate bonds	—		168,767		—		168,767		—		153,505		—		153,505
U.S certificates of deposit	—		3,500		—		3,500		—		—		—		—
Commercial paper	—		3,317		—		3,317		—		—		—		—
Non-U.S. certificates of deposit	—		73,127		—		73,127		—		225,206		—		225,206
Total short-term investments	—		439,151		—		439,151		—		573,481		—		573,481
Other long-term investments
Common stock of non-U.S. corporations	—		40,179		—		40,179		—		57,595		—		57,595
Total other long-term investments	—		40,179		—		40,179		—		57,595		—		57,595
Total assets		$576		$479,467		$—		$480,043		$16,457		$631,233		$—		$647,690