Marketable Securities (Tables)

3 Months Ended

Jun. 29, 2024

Marketable Securities [Abstract]

Schedule of Available-for-sale Securities

The following table is a summary of available-for-sale securities at June 29, 2024 (in thousands):

As of June 29, 2024	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value (Net Carrying Amount)
Corporate debt securities	$	240,818	$	80	$	(1,266)	$	239,632
U.S. Treasury securities	12,379		11		(70)		12,320
Agency discount notes	385		—		(7)		378
Commercial paper	877		—		—		877
Total securities	$	254,459	$	91	$	(1,343)	$	253,207

The following table is a summary of available-for-sale securities at March 30, 2024 (in thousands):

As of March 30, 2024	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value (Net Carrying Amount)
Corporate debt securities	$	186,194	$	115	$	(916)	$	185,393
U.S. Treasury securities	9,850		—		(81)		9,769
Agency discount notes	1,135		—		(11)		1,124
Commercial paper	866		—		—		866
Total securities	$	198,045	$	115	$	(1,008)	$	197,152

Schedule of Cost and Estimated Fair Value of Available-for-sale Securities by Contractual Maturity

The cost and estimated fair value of available-for-sale securities by contractual maturities were as follows (in thousands):

	June 29, 2024				March 30, 2024
	Amortized		Estimated		Amortized		Estimated
	Cost		Fair Value		Cost		Fair Value
Within 1 year	$	25,881	$	25,680	$	24,071	$	23,778
After 1 year	228,578		227,527		173,974		173,374
Total	$	254,459	$	253,207	$	198,045	$	197,152