Fair Value of Financial Instruments (Tables)

3 Months Ended

Sep. 23, 2018

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



	September 23, 2018								June 24, 2018
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Corporate bonds		$—		$2,499		$—		$2,499		$—		$—		$—		$—
U.S. agency securities	—		1,500		—		1,500		—		—		—		—
Non-U.S. certificates of deposit	—		136,853		—		136,853		—		75,499		—		75,499
Commercial Paper	—		2,000		—		2,000		—		275		—		275
Money market funds	10,157		—		—		10,157		1,992		—		—		1,992
Total cash equivalents	10,157		142,852		—		153,009		1,992		75,774		—		77,766
Short-term investments:
Municipal bonds	—		102,916		—		102,916		—		109,276		—		109,276
Corporate bonds	—		145,402		—		145,402		—		76,757		—		76,757
U.S. agency securities	—		4,657		—		4,657		3,884		—		—		3,884
U.S. treasury securities	44,234		—		—		44,234		—		—		—		—
U.S. certificates of deposit	—		500		—		500		—		500		—		500
Variable rate demand note	—		400		—		400		—		—		—		—
Commercial paper	—		1,978		—		1,978		—		—		—		—
Non-U.S. certificates of deposit	—		29,136		—		29,136		—		77,744		—		77,744
Total short-term investments	44,234		284,989		—		329,223		3,884		264,277		—		268,161
Other long-term investments:
Common stock of non-U.S. corporations	—		50,240		—		50,240		—		57,501		—		57,501
Total other long-term investments	—		50,240		—		50,240		—		57,501		—		57,501
Total assets		$54,391		$478,081		$—		$532,472		$5,876		$397,552		$—		$403,428