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Fair Value of Financial Instruments (Tables)
6 Months Ended
Sep. 27, 2015
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on a Recurring Basis

A summary of the assets measured at fair value on a recurring basis as of September 27, 2015 and March 29, 2015 are as follows:

 

 

 

Fair Value Measurements Using

 

 

 

Level 1

 

 

Level 2

 

 

Total

 

 

 

(In thousands)

 

September 27, 2015

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

101,870

 

 

$

 

 

$

101,870

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government and agency securities

 

 

75,389

 

 

 

 

 

 

75,389

 

Corporate debt obligations

 

 

 

 

 

89,267

 

 

 

89,267

 

Mortgage-backed securities

 

 

 

 

 

22,792

 

 

 

22,792

 

Municipal bonds

 

 

 

 

 

14,287

 

 

 

14,287

 

Other debt securities

 

 

 

 

 

4,084

 

 

 

4,084

 

 

 

 

75,389

 

 

 

130,430

 

 

 

205,819

 

 

 

$

177,259

 

 

$

130,430

 

 

$

307,689

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 29, 2015

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

115,241

 

 

$

 

 

$

115,241

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government and agency securities

 

 

54,440

 

 

 

 

 

 

54,440

 

Corporate debt obligations

 

 

 

 

 

99,323

 

 

 

99,323

 

Mortgage-backed securities

 

 

 

 

 

26,822

 

 

 

26,822

 

Municipal bonds

 

 

 

 

 

16,721

 

 

 

16,721

 

Other debt securities

 

 

 

 

 

3,868

 

 

 

3,868

 

 

 

 

54,440

 

 

 

146,734

 

 

 

201,174

 

 

 

$

169,681

 

 

$

146,734

 

 

$

316,415