´óÏó´«Ã½

Quarterly report [Sections 13 or 15(d)]

FAIR VALUE MEASUREMENTS (Tables)

v3.25.2
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Jun. 28, 2025
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 2025
Financial assets:
Cash equivalents:
Money market funds $ 50,914Ìý $ 50,914Ìý $ —Ìý $ —Ìý
Time deposits 50,267Ìý 50,267Ìý —Ìý —Ìý
Derivative financial instruments 18,656Ìý —Ìý 18,656Ìý —Ìý
Deferred compensation and other 82,745Ìý 82,745Ìý —Ìý —Ìý
Financial liabilities:
Derivative financial instruments 130,029Ìý —Ìý 130,029Ìý —Ìý
Deferred compensation 76,449Ìý —Ìý 76,449Ìý —Ìý
Contingent consulting fees 2,861Ìý —Ìý —Ìý 2,861Ìý
Total Fair Value
Fair Value Measurement Using (a)
(In thousands) LevelÌý1 LevelÌý2 LevelÌý3
March 2025
Financial assets:
Cash equivalents:
Money market funds $ 79,485Ìý $ 79,485Ìý $ —Ìý $ —Ìý
Time deposits 12,280Ìý 12,280Ìý —Ìý —Ìý
Derivative financial instruments 34,371Ìý —Ìý 34,371Ìý —Ìý
Deferred compensation and other 78,769Ìý 78,769Ìý —Ìý —Ìý
Financial liabilities:
Derivative financial instruments 30,003Ìý —Ìý 30,003Ìý —Ìý
Deferred compensation 75,046Ìý —Ìý 75,046Ìý —Ìý
Contingent consulting fees 23,900Ìý —Ìý —Ìý 23,900Ìý
(a)There were no transfers among the levels within the fair value hierarchy during the three months ended June 2025 or the year ended March 2025.
Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table presents the change in fair value of the contingent consulting fees designated as Level 3:
(In thousands) Contingent Consulting Fees
Balance, March 2025 $ 23,900Ìý
Cash payments (20,000)
Change in fair value (1,039)
Balance, June 2025 $ 2,861Ìý