The following summarizes the fair value of our financial instruments at June 27, 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 | $ | 757,137 | | | $ | — | | | $ | — | | | $ | 757,137 | | | | | | | | | | | | | | | | | | | | | | | | | | | Available-for-sale securities | | | | | | | | | Corporate debt securities | $ | — | | | $ | 348,893 | | | $ | — | | | $ | 348,893 | | | | | | | | | | | U.S. Treasury securities | 7,759 | | | — | | | — | | | 7,759 | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 7,759 | | | $ | 348,893 | | | $ | — | | | $ | 356,652 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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 | |
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