Fair Value of Financial Instruments (Tables)

6 Months Ended

Dec. 25, 2016

Fair Value Disclosures [Abstract]

Financial Instruments Carried at Fair Value

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

	December 25, 2016								June 26, 2016
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
U.S. agency securities		$—		$—		$—		$—		$—		$—		$—		$—
Non-U.S. certificates of deposit	—		—		—		—		—		137		—		137
Money market funds	466		—		—		466		576		—		—		576
Total cash equivalents	466		—		—		466		576		137		—		713
Short-term investments:
Municipal bonds	—		186,030		—		186,030		—		190,440		—		190,440
Corporate bonds	—		165,077		—		165,077		—		168,767		—		168,767
U.S. certificates of deposit	—		9,150		—		9,150		—		3,500		—		3,500
Commercial paper	—		3,862		—		3,862		—		3,317		—		3,317
Non-U.S. certificates of deposit	—		89,901		—		89,901		—		73,127		—		73,127
Total short-term investments	—		454,020		—		454,020		—		439,151		—		439,151
Other long-term investments:
Common stock of non-U.S. corporations	—		34,315		—		34,315		—		40,179		—		40,179
Total other long-term investments	—		34,315		—		34,315		—		40,179		—		40,179
Total assets		$466		$488,335		$—		$488,801		$576		$479,467		$—		$480,043