Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.10.0.1
FAIR VALUE MEASUREMENTS (Tables)
 9 Months Ended
Dec. 29, 2018
Fair Value Disclosures [Abstract]  
Classes 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 1
 
Level 2
 
Level 3
December 2018
 
 
 
 
 
 
 
Financial assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
193,607

 
$
193,607

 
$
—

 
$
—

Time deposits
6,124

 
6,124

 
—

 
—

Derivative financial instruments
88,910

 
—

 
88,910

 
—

Investment securities
161,720

 
152,381

 
9,339

 
—

Financial liabilities:
 
 
 
 
 
 
 
Derivative financial instruments
7,361

 
—

 
7,361

 
—

Deferred compensation
182,262

 
—

 
182,262

 
—

 
Total Fair  Value
 
Fair Value Measurement Using (a)
(In thousands)
 
Level 1
 
Level 2
 
Level 3
March 2018
 
 
 
 
 
 
 
Financial assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
185,118

 
$
185,118

 
$
—

 
$
—

Time deposits
7,714

 
7,714

 
—

 
—

Derivative financial instruments
31,400

 
—

 
31,400

 
—

Investment securities
194,160

 
183,802

 
10,358

 
—

Financial liabilities:
 
 
 
 
 
 
 
Derivative financial instruments
106,174

 
—

 
106,174

 
—

Deferred compensation
227,808

 
—

 
227,808

 
—

 
(a) 
There were no transfers among the levels within the fair value hierarchy during the nine months ended December 2018 or the three months ended March 2018.