v3.26.1
Cash, cash equivalents and short-term investments (Tables)
12 Months Ended
Jun. 26, 2026
Cash and Cash Equivalents [Abstract]  
Schedule of Cash, Cash Equivalents, and Short-Term Investments
The Company’s cash, cash equivalents, and short-term investments by category is as follows:
Fair Value
(in thousands)Carrying
Cost
Unrealized
Gain/
(Loss)
Cash and
Cash
Equivalents
Short-term InvestmentsOther
Investments
As of June 26, 2026
Cash$232,210 $— $232,210 $— $— 
Cash equivalents114,501 — 114,501 — — 
Certificates of deposit and time deposits43,690 560 — 44,250 — 
Corporate debt securities194,798 5,839 — 200,637 — 
U.S. agency and U.S. Treasury securities284,256 (799)— 283,457 — 
Total$869,455 $5,600 $346,711 $528,344 $— 
As of June 27, 2025
Cash$295,242 $— $295,242 $— $— 
Cash equivalents11,183 — 11,183 — — 
Certificate of deposit and time deposits144,730 1,022 — 145,752 — 
Corporate debt securities183,076 6,897 — 189,973 — 
U.S. agency and U.S. Treasury securities291,295 799 — 292,094 — 
Total$925,526 $8,718 $306,425 $627,819 $— 
Summary of Cost and Estimated Fair Value of Short-term Investments Classified as Available-for-Sale Securities
The following table summarizes the cost and estimated fair value of debt securities classified as available-for-sale securities based on stated effective maturities as of June 26, 2026 and June 27, 2025:
June 26, 2026June 27, 2025
(in thousands)Carrying
Cost
Fair ValueCarrying
Cost
Fair Value
Due within one year$43,690 $44,250 $128,958 $129,977 
Due between one to five years479,054 484,094 490,143 497,842 
Total$522,744 $528,344 $619,101 $627,819