| Schedule of Financial Instruments Measured at Fair Value on Recurring Basis |
The following table provides details of the financial instruments measured at fair value on a recurring basis, including: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements at Reporting Date Using | | (in thousands) | Level 1 | | Level 2 | | Level 3 | | Total | As of September 25, 2026 | | | | | | | | | | Assets | | | | | | | | | | Cash equivalents | $ | — | | | $ | 11,196 | | | | $ | — | | | $ | 11,196 | | | | | | | | | | | | Certificates of deposit and time deposits | — | | | 22,098 | | | | — | | | 22,098 | | | Corporate debt securities | — | | | 177,560 | | | | — | | | 177,560 | | | U.S. agency and U.S. treasury securities | — | | | 163,769 | | | | — | | | 163,769 | | | Derivative assets – current portion | — | | | 31 | | (1) | | — | | | 31 | | | | | | | | | | | | Total | $ | — | | | $ | 374,654 | | | | $ | — | | | $ | 374,654 | | | Liabilities | | | | | | | | | | Derivative liabilities – current portion | $ | — | | | $ | (5,511) | | (2) | | $ | — | | | $ | (5,511) | | | | | | | | | | | | Total | $ | — | | | $ | (5,511) | | | | $ | — | | | $ | (5,511) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements at Reporting Date Using | | (in thousands) | Level 1 | | Level 2 | | Level 3 | | Total | As of June 26, 2026 | | | | | | | | | | Assets | | | | | | | | | | Cash equivalents | $ | — | | | $ | 114,501 | | | | $ | — | | | $ | 114,501 | | | | | | | | | | | | Certificates of deposit and time deposits | — | | | 44,250 | | | | — | | | 44,250 | | | Corporate debt securities | — | | | 200,637 | | | | — | | | 200,637 | | | U.S. agency and U.S. treasury securities | — | | | 283,457 | | | | — | | | 283,457 | | | Derivative assets – current portion | — | | | 0 | | (3) | | — | | | — | | | Total | $ | — | | | $ | 642,845 | | | | $ | — | | | $ | 642,845 | | | Liabilities | | | | | | | | | | Derivative liabilities – current portion | $ | — | | | $ | (9,084) | | (4) | | $ | — | | | $ | (9,084) | | | | | | | | | | | | Total | $ | — | | | $ | (9,084) | | | | $ | — | | | $ | (9,084) | |
(1)Foreign currency forward contracts with an aggregate notional amount of $17.0 million. (2)Foreign currency forward contracts with an aggregate notional amount of $275.0 million and 0.3 million Canadian dollars. (3)Foreign currency forward contract with a notional amount of $1.0 million. (4)Foreign currency forward contracts with an aggregate notional amount of $279.0 million and 0.3 million Canadian dollars.
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| Schedule of Impacts of Derivative Gain (Loss) of Cash Flow Hedges |
The following table provides a summary of the impact of derivative gain (loss) of the Company’s foreign currency forward contracts which were designated as cash flow hedges on the unaudited condensed consolidated statements of operations and other comprehensive income: | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | (in thousands) | Financial
statements
line item | | | | | | September 25,
2026 | | September 26,
2025 | | Derivatives gain (loss) recognized in other comprehensive income (loss): | | | | | | | | | | | Foreign currency forward contracts | Other
comprehensive
income (loss) | | | | | | $ | 3,480 | | | $ | (2,800) | | | | | | | | | | | | | Total derivatives gain (loss) recognized in other comprehensive income (loss) | | | | | | | $ | 3,480 | | | $ | (2,800) | | | Derivatives (gain) loss reclassified from accumulated other comprehensive income (loss) into earnings: | | | | | | | | | | | Foreign currency forward contracts | Cost of revenues | | | | | | $ | 4,545 | | | $ | (1,251) | | | Foreign currency forward contracts | SG&A | | | | | | 289 | | | (95) | | | Foreign currency forward contracts | Foreign exchange gain (loss), net | | | | | | (6,462) | | | 2,008 | | | | | | | | | | | | | Total derivatives (gain) loss reclassified from accumulated other comprehensive income (loss) into earnings | | | | | | | $ | (1,628) | | | $ | 662 | | | Change in net unrealized gain (loss) on derivatives instruments | | | | | | | $ | 1,852 | | | $ | (2,138) | |
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| Schedule of Derivative Financial Instruments |
The following table provides the fair values of the Company’s derivative financial instruments for the periods presented: | | | | | | | | | | | | | | | | | | | | | | | | | September 25,
2026 | | June 26,
2026 | | (in thousands) | Derivative
Assets | | Derivative
Liabilities | | Derivative
Assets | | Derivative
Liabilities | | Derivatives not designated as hedging instruments | | | | | | | | | Foreign currency forward contracts | $ | 29 | | | $ | (1,819) | | | $ | — | | | $ | (3,557) | | | | | | | | | | | Derivatives designated as hedging instruments | | | | | | | | | Foreign currency forward contracts | 2 | | | (3,692) | | | 0 | | | (5,527) | | | | | | | | | | | Derivatives, gross balances | $ | 31 | | | $ | (5,511) | | | $ | 0 | | | $ | (9,084) | |
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