Fair Value of Financial Instruments (Tables)

12 Months Ended

Jun. 24, 2018

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



	June 24, 2018								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	—		75,499		—		75,499		—		736		—		736
Money market funds	1,992		—		—		1,992		1,184		—		—		1,184
Commercial Paper	—		275		—		275		—		—		—		—
Total cash equivalents	1,992		75,774		—		77,766		1,184		2,538		—		3,722
Short-term investments:
Municipal bonds	—		109,276		—		109,276		—		180,042		—		180,042
Corporate bonds	—		76,757		—		76,757		—		177,721		—		177,721
U.S. agency securities	3,884		—		—		3,884		—		—		—		—
U.S. certificates of deposit	—		500		—		500		—		—		—		—
Commercial paper	—		—		—		—		—		200		—		200
Non-U.S. certificates of deposit	—		77,744		—		77,744		—		120,378		—		120,378
Total short-term investments	3,884		264,277		—		268,161		—		478,341		—		478,341
Other long-term investments
Common stock of non-U.S. corporations	—		57,501		—		57,501		—		50,366		—		50,366
Total other long-term investments	—		57,501		—		57,501		—		50,366		—		50,366
Total assets		$5,876		$397,552		$—		$403,428		$1,184		$531,245		$—		$532,429