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Quarterly report [Sections 13 or 15(d)]

FAIR VALUE MEASUREMENTS (Tables)

v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Jun. 27, 2026
Fair Value Disclosures [Abstract] Ìý
Schedule 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:
Ìý Total Fair Value
Fair Value Measurement Using (a)
(In thousands) LevelÌý1 LevelÌý2 LevelÌý3
June 2026
Financial assets:
Cash equivalents:
Money market funds $ 287,368Ìý $ 287,368Ìý $ —Ìý $ —Ìý
Time deposits 63,763Ìý 63,763Ìý —Ìý —Ìý
Derivative financial instruments 50,843Ìý —Ìý 50,843Ìý —Ìý
Deferred compensation and other 78,039Ìý 78,039Ìý —Ìý —Ìý
Financial liabilities:
Derivative financial instruments 36,871Ìý —Ìý 36,871Ìý —Ìý
Deferred compensation 74,112Ìý —Ìý 74,112Ìý —Ìý
Contingent consulting fees 6,261Ìý —Ìý —Ìý 6,261Ìý
Total Fair Value
Fair Value Measurement Using (a)
(In thousands) LevelÌý1 LevelÌý2 LevelÌý3
March 2026
Financial assets:
Cash equivalents:
Money market funds $ 220,135Ìý $ 220,135Ìý $ —Ìý $ —Ìý
Time deposits 74,648Ìý 74,648Ìý —Ìý —Ìý
Derivative financial instruments 28,914Ìý —Ìý 28,914Ìý —Ìý
Deferred compensation and other 72,814Ìý 72,814Ìý —Ìý —Ìý
Financial liabilities:
Derivative financial instruments 48,723Ìý —Ìý 48,723Ìý —Ìý
Deferred compensation 69,043Ìý —Ìý 69,043Ìý —Ìý
Contingent consulting fees 6,534Ìý —Ìý —Ìý 6,534Ìý
(a)There were no transfers among the levels within the fair value hierarchy during the three months ended June 2026 or the year ended March 2026.
Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table presents the activity related to the contingent consulting fees designated as Level 3:
Three Months Ended June
(In thousands) 2026 2025
Beginning Balance $ 6,534Ìý $ 23,900Ìý
Cash payments —Ìý (20,000)
Change in fair value (273) (1,039)
Ending Balance $ 6,261Ìý $ 2,861Ìý