| Summary of Components of Cash, Cash Equivalents, and Short-Term Investments |
The Company’s cash, cash equivalents, and short-term investments are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value | | (in thousands) | Carrying
Cost | | Unrealized
Gain/
(Loss) | | Cash and
Cash
Equivalents | | Marketable
Securities | | Other
Investments | As of December 29, 2023 | | | | | | | | | | | Cash | $ | 332,881 | | | $ | — | | | $ | 332,881 | | | $ | — | | | $ | — | | | Cash equivalents | 1,172 | | | — | | | 1,172 | | | — | | | — | | | Liquidity funds | 31,736 | | | — | | | — | | | — | | | 31,736 | | | Certificates of deposit and time deposits | 134,777 | | | 1,519 | | | — | | | 136,296 | | | — | | | Corporate debt securities | 122,554 | | | (1,158) | | | — | | | 121,396 | | | — | | | U.S. agency and U.S. treasury securities | 116,856 | | | 256 | | | — | | | 117,112 | | | — | | | Total | $ | 739,976 | | | $ | 617 | | | $ | 334,053 | | | $ | 374,804 | | | $ | 31,736 | | As of June 30, 2023 | | | | | | | | | | | Cash | $ | 230,967 | | | $ | — | | | $ | 230,967 | | | $ | — | | | $ | — | | | Cash equivalents | 401 | | | — | | | 401 | | | — | | | — | | | Liquidity funds | 41,104 | | | — | | | — | | | — | | | 41,104 | | | Certificates of deposit and time deposits | 64,278 | | | 329 | | | — | | | 64,607 | | | — | | | Corporate debt securities | 161,453 | | | (3,375) | | | — | | | 158,078 | | | — | | | U.S. agency and U.S. treasury securities | 55,542 | | | (231) | | | — | | | 55,311 | | | — | | | Total | $ | 553,745 | | | $ | (3,277) | | | $ | 231,368 | | | $ | 277,996 | | | $ | 41,104 | |
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| Schedule of Available-for-Sale Securities Based on Stated Effective Maturities |
The following table summarizes the cost and estimated fair value of short-term investments classified as available-for-sale securities based on stated effective maturities as of December 29, 2023 and June 30, 2023: | | | | | | | | | | | | | | | | | | | | | | | | | December 29, 2023 | | June 30, 2023 | | (in thousands) | Carrying
Cost | | Fair Value | | Carrying
Cost | | Fair Value | | Due within one year | $ | 200,139 | | | $ | 201,672 | | | $ | 172,992 | | | $ | 173,137 | | | Due between one to five years | 205,784 | | | 204,868 | | | 149,385 | | | 145,963 | | | Total | $ | 405,923 | | | $ | 406,540 | | | $ | 322,377 | | | $ | 319,100 | |
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