Fair Value of Financial Instruments (Tables)

3 Months Ended

Sep. 24, 2017

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



	September 24, 2017								June 25, 2017
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Municipal bonds		$—		$—		$—		$—		$—		$1,802		$—		$1,802
Non-U.S. certificates of deposit	—		86,161		—		86,161		—		736		—		736
Money market funds	861		—		—		861		1,184		—		—		1,184
Total cash equivalents	861		86,161		—		87,022		1,184		2,538		—		3,722
Short-term investments:
Municipal bonds	—		185,240		—		185,240		—		180,041		—		180,041
Corporate bonds	—		172,967		—		172,967		—		177,721		—		177,721
Commercial paper	—		2,080		—		2,080		—		200		—		200
Non-U.S. certificates of deposit	—		112,509		—		112,509		—		120,379		—		120,379
Total short-term investments	—		472,796		—		472,796		—		478,341		—		478,341
Other long-term investments:
Common stock of non-U.S. corporations	—		47,298		—		47,298		—		50,366		—		50,366
Total other long-term investments	—		47,298		—		47,298		—		50,366		—		50,366
Total assets		$861		$606,255		$—		$607,116		$1,184		$531,245		$—		$532,429