Fair Value of Financial Instruments (Tables)

9 Months Ended

Mar. 26, 2017

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



	March 26, 2017								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
Money market funds	3,522		—		—		3,522		576		—		—		576
Total cash equivalents	3,522		—		—		3,522		576		137		—		713
Short-term investments:
Municipal bonds	—		183,548		—		183,548		—		190,440		—		190,440
Corporate bonds	—		169,569		—		169,569		—		168,767		—		168,767
U.S. certificates of deposit	—		11,087		—		11,087		—		3,500		—		3,500
Commercial paper	—		678		—		678		—		3,317		—		3,317
Non-U.S. certificates of deposit	—		109,901		—		109,901		—		73,127		—		73,127
Total short-term investments	—		474,783		—		474,783		—		439,151		—		439,151
Other long-term investments:
Common stock of non-U.S. corporations	—		42,759		—		42,759		—		40,179		—		40,179
Total other long-term investments	—		42,759		—		42,759		—		40,179		—		40,179
Total assets		$3,522		$517,542		$—		$521,064		$576		$479,467		$—		$480,043