Fair Value of Financial Instruments (Tables)

6 Months Ended

Dec. 24, 2017

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 24, 2017								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	—		85,259		—		85,259		—		736		—		736
Money market funds	1,191		—		—		1,191		1,184		—		—		1,184
Total cash equivalents	1,191		85,259		—		86,450		1,184		2,538		—		3,722
Short-term investments:
Municipal bonds	—		178,775		—		178,775		—		180,041		—		180,041
Corporate bonds	—		172,810		—		172,810		—		177,721		—		177,721
U.S. agency securities	3,914		—		—		3,914		—		—		—		—
Commercial paper	—		2,088		—		2,088		—		200		—		200
Non-U.S. certificates of deposit	—		122,634		—		122,634		—		120,379		—		120,379
Total short-term investments	3,914		476,307		—		480,221		—		478,341		—		478,341
Other long-term investments:
Common stock of non-U.S. corporations	—		72,517		—		72,517		—		50,366		—		50,366
Total other long-term investments	—		72,517		—		72,517		—		50,366		—		50,366
Total assets		$5,105		$634,083		$—		$639,188		$1,184		$531,245		$—		$532,429