The following summarizes the fair value of our financial instruments at March 28, 2026 (in thousands):


	Quoted Prices in Active Markets for Identical Assets Level 1		Significant Other Observable Inputs Level 2		Significant Unobservable Inputs Level 3		Total
Assets:
Cash equivalents
Money market funds	$	748,675	$	—	$	—	$	748,675




Available-for-sale securities
Corporate debt securities	$	—	$	352,185	$	—	$	352,185

U.S. Treasury securities	672		—		—		672



	$	672	$	352,185	$	—	$	352,857

The following summarizes the fair value of our financial instruments at March 29, 2025 (in thousands):


	Quoted Prices in Active Markets for Identical Assets Level 1		Significant Other Observable Inputs Level 2		Significant Unobservable Inputs Level 3		Total
Assets:
Cash equivalents
Money market funds	$	491,467	$	—	$	—	$	491,467



Available-for-sale securities
Corporate debt securities	$	—	$	286,465	$	—	$	286,465

U.S. Treasury securities	8,731		—		—		8,731



	$	8,731	$	286,465	$	—	$	295,196