| CASH EQUIVALENT, SHORT-TERM AND LONG-TERM INVESTMENTS |
CASH EQUIVALENT, SHORT-TERM AND LONG-TERM INVESTMENTS As of the dates indicated, investments classified as available-for-sale are comprised of the following (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | August 1, 2026 | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Estimated Fair Value | | U.S. government obligations | $ | 184,411 | | | $ | 1 | | | $ | (578) | | | $ | 183,834 | | | Corporate debt securities | 222,685 | | | 1 | | | (269) | | | 222,417 | | | Time deposits | 93,091 | | | — | | | (4) | | | 93,087 | | | $ | 500,187 | | | $ | 2 | | | $ | (851) | | | $ | 499,338 | | | | | | | | | | | Included in cash equivalents | $ | 101,492 | | | $ | — | | | $ | — | | | $ | 101,492 | | | Included in short-term investments | 184,489 | | | 1 | | | (197) | | | 184,293 | | | Included in long-term investments | 214,206 | | | 1 | | | (654) | | | 213,553 | | | $ | 500,187 | | | $ | 2 | | | $ | (851) | | | $ | 499,338 | |
| | | | | | | | | | | | | | | | | | | | | | | | | November 1, 2025 | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Estimated Fair Value | | U.S. government obligations | $ | 147,466 | | | $ | 304 | | | $ | — | | | $ | 147,770 | | | Corporate debt securities | 119,808 | | | 260 | | | — | | | 120,068 | | | Time deposits | 74,984 | | | 6 | | | — | | | 74,990 | | | $ | 342,258 | | | $ | 570 | | | $ | — | | | $ | 342,828 | | | | | | | | | | | Included in cash equivalents | $ | 69,538 | | | $ | — | | | $ | — | | | $ | 69,538 | | | Included in short-term investments | 215,786 | | | 362 | | | — | | | 216,148 | | | Included in long-term investments | 56,934 | | | 208 | | | — | | | 57,142 | | | $ | 342,258 | | | $ | 570 | | | $ | — | | | $ | 342,828 | |
The following table summarizes the legal maturities of debt investments as of August 1, 2026 (in thousands): | | | | | | | | | | | | | Amortized Cost | | Estimated Fair Value | | Less than one year | $ | 285,981 | | | $ | 285,785 | | | Due in 1-2 years | 214,206 | | | 213,553 | | | $ | 500,187 | | | $ | 499,338 | |
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