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CASH, CASH EQUIVALENTS AND INVESTMENTS (Tables)
12 Months Ended
Apr. 03, 2021
CASH, CASH EQUIVALENTS AND INVESTMENTS [Abstract]  
Cash, Cash Equivalents and Investments
The following tables summarize the Company’s Cash and Cash Equivalents, Restricted Cash, and Short-term Investments adjusted cost, gross unrealized gains, gross unrealized losses, and fair value by significant investment category recorded as Cash and Cash Equivalents, Restricted Cash, and Short-term Investments as of April 3, 2021 and March 28, 2020 (in thousands):
April 3, 2021Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Cash & Cash EquivalentsRestricted CashShort-Term Investments
Cash and cash equivalents$177,551 $— $— $177,551 $177,551 $— 
Restricted cash
(1)
493,908 493,908 493,908 
Level 1:
Mutual funds12,622 1,945 (8)14,559 — 14,559 
Money market funds25,009 — — 25,009 25,009 
Total cash and cash equivalents, restricted cash and short-term investments measured at fair value$709,090 $1,945 $(8)$711,027 $202,560 $493,908 $14,559 

(1) Restricted cash represents the cash held in trust and restricted for use to redeem the 5.50% Senior Notes. Refer to Note 21, Subsequent Events.

March 28, 2020Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Cash & Cash EquivalentsShort-Term Investments
Cash and cash equivalents$213,879 $— $— $213,879 $213,879 $— 
Level 1:
Mutual funds12,938 31 (1,128)11,841 — 11,841 
Total cash and cash equivalents
and short-term investments measured at fair value
$226,817 $31 $(1,128)$225,720 $213,879 $11,841