v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Jun. 27, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis
The following table summarizes financial assets and financial liabilities that are measured and recorded in the consolidated financial statements at fair value on a recurring basis:
 Total Fair Value
Fair Value Measurement Using (a)
(In thousands)Level 1Level 2Level 3
June 2026
Financial assets:
Cash equivalents:
Money market funds$287,368 $287,368 $— $— 
Time deposits63,763 63,763 — — 
Derivative financial instruments50,843 — 50,843 — 
Deferred compensation and other78,039 78,039 — — 
Financial liabilities:
Derivative financial instruments36,871 — 36,871 — 
Deferred compensation74,112 — 74,112 — 
Contingent consulting fees6,261 — — 6,261 
Total Fair Value
Fair Value Measurement Using (a)
(In thousands)Level 1Level 2Level 3
March 2026
Financial assets:
Cash equivalents:
Money market funds$220,135 $220,135 $— $— 
Time deposits74,648 74,648 — — 
Derivative financial instruments28,914 — 28,914 — 
Deferred compensation and other72,814 72,814 — — 
Financial liabilities:
Derivative financial instruments48,723 — 48,723 — 
Deferred compensation69,043 — 69,043 — 
Contingent consulting fees6,534 — — 6,534 
(a)There were no transfers among the levels within the fair value hierarchy during the three months ended June 2026 or the year ended March 2026.
Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table presents the activity related to the contingent consulting fees designated as Level 3:
Three Months Ended June
(In thousands)20262025
Beginning Balance$6,534 $23,900 
Cash payments— (20,000)
Change in fair value(273)(1,039)
Ending Balance$6,261 $2,861