Fair Value Measurements (Tables)

12 Months Ended

Apr. 02, 2017

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis as of April 2, 2017:

	Fair Value at Reporting Date Using
(in thousands)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Total
Assets:
Cash equivalents and short-term investments:
U.S. government treasuries and agencies securities	$	61,556	$	—	$	61,556
Money market funds	140,425		—		140,425
Asset-backed securities	—		13,847		13,847
Corporate bonds	—		96,376		96,376
International government bonds	—		5,410		5,410
Corporate commercial paper	—		4,898		4,898
Bank deposits	—		12,305		12,305
Repurchase agreements	—		173		173
Total assets measured at fair value	$	201,981	$	133,009	$	334,990

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis as of April 3, 2016:

	Fair Value at Reporting Date Using
(in thousands)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Total
Assets:
Cash equivalents and short-term investments:
U.S. government treasuries and agencies securities	$	32,519	$	—	$	32,519
Money market funds	124,504		—		124,504
Asset-backed securities	—		10,515		10,515
Corporate bonds	—		91,388		91,388
International government bonds	—		2,208		2,208
Corporate commercial paper	—		1,992		1,992
Bank deposits	—		11,711		11,711
Repurchase agreements	—		114		114
Municipal bonds	—		900		900
Total assets measured at fair value	$	157,023	$	118,828	$	275,851