Fair Value of Financial Instruments (Tables)

3 Months Ended

Sep. 25, 2016

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



	September 25, 2016								June 26, 2016
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
U.S. agency securities		$—		$—		$—		$—		$—		$—		$—		$—
Non-U.S. certificates of deposit	—		137		—		137		—		137		—		137
Money market funds	1,360		—		—		1,360		576		—		—		576
Total cash equivalents	1,360		137		—		1,497		576		137		—		713
Short-term investments:
Municipal bonds	—		186,310		—		186,310		—		190,440		—		190,440
Corporate bonds	—		169,201		—		169,201		—		168,767		—		168,767
U.S. certificates of deposit	—		8,791		—		8,791		—		3,500		—		3,500
Commercial paper	—		3,802		—		3,802		—		3,317		—		3,317
Non-U.S. certificates of deposit	—		93,103		—		93,103		—		73,127		—		73,127
Total short-term investments	—		461,207		—		461,207		—		439,151		—		439,151
Other long-term investments:
Common stock of non-U.S. corporations	—		39,049		—		39,049		—		40,179		—		40,179
Total other long-term investments	—		39,049		—		39,049		—		40,179		—		40,179
Total assets		$1,360		$500,393		$—		$501,753		$576		$479,467		$—		$480,043