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Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.19.2
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Jun. 29, 2019
Fair Value Disclosures [Abstract] Ìý
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:
Ìý
Total Fair Value
Ìý
Fair Value Measurement Using (a)
Ìý
(In thousands)
Ìý
LevelÌý1
Ìý
LevelÌý2
Ìý
LevelÌý3
Ìý
June 2019
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Financial assets:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Cash equivalents:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Money market funds
$
344,357

Ìý
$
344,357

Ìý
$
—

Ìý
$
—

Ìý
Time deposits
3,726

Ìý
3,726

Ìý
—

Ìý
—

Ìý
Derivative financial instruments
80,351

Ìý
—

Ìý
80,351

Ìý
—

Ìý
Investment securities
131,989

Ìý
124,627

Ìý
7,362

Ìý
—

Ìý
Financial liabilities:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Derivative financial instruments
11,374

Ìý
—

Ìý
11,374

Ìý
—

Ìý
Deferred compensation
144,131

Ìý
—

Ìý
144,131

Ìý
—

Ìý
Ìý
Total Fair Value
Ìý
Fair Value Measurement Using (a)
Ìý
(In thousands)
Ìý
LevelÌý1
Ìý
LevelÌý2
Ìý
LevelÌý3
Ìý
March 2019
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Financial assets:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Cash equivalents:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Money market funds
$
248,560

Ìý
$
248,560

Ìý
$
—

Ìý
$
—

Ìý
Time deposits
8,257

Ìý
8,257

Ìý
—

Ìý
—

Ìý
Derivative financial instruments
92,771

Ìý
—

Ìý
92,771

Ìý
—

Ìý
Investment securities
186,698

Ìý
176,209

Ìý
10,489

Ìý
—

Ìý
Financial liabilities:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Derivative financial instruments
22,337

Ìý
—

Ìý
22,337

Ìý
—

Ìý
Deferred compensation
199,336

Ìý
—

Ìý
199,336

Ìý
—

Ìý
The amounts reported in the table above for prior periods have not been segregated between continuing and discontinued operations. The March 2019 balances include $50.8 million of deferred compensation liabilities and associated assets related to the Jeans business, which were transferred in connection with the spin-off.
(a)Ìý
There were no transfers among the levels within the fair value hierarchy during the three months ended June 2019 or the year ended March 2019.