Annual report [Section 13 and 15(d), not S-K Item 405]

FAIR VALUE MEASUREMENTS (Tables)

v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Mar. 28, 2026
Fair Value Disclosures [Abstract]  
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:
  Total Fair
Value
Fair Value Measurement Using (a)
(In thousands) Level 1 Level 2 Level 3
March 2026
Financial assets:
Cash equivalents:
Money market funds $ 220,135  $ 220,135  $ —  $ — 
Time deposits 74,648  74,648  —  — 
Derivative financial instruments 28,914  —  28,914  — 
Deferred compensation and other 72,814  72,814  —  — 
Financial liabilities:
Derivative financial instruments 48,723  —  48,723  — 
Deferred compensation 69,043  —  69,043  — 
Contingent consulting fees 6,534  —  —  6,534 
Total Fair
Value
Fair Value Measurement Using (a)
(In thousands) Level 1 Level 2 Level 3
March 2025
Financial assets:
Cash equivalents:
Money market funds $ 79,485  $ 79,485  $ —  $ — 
Time deposits 12,280  12,280  —  — 
Derivative financial instruments 34,371  —  34,371  — 
Deferred compensation and other 78,769  78,769  —  — 
Financial liabilities:
Derivative financial instruments 30,003  —  30,003  — 
Deferred compensation 75,046  —  75,046  — 
Contingent consulting fees 23,900  —  —  23,900 
(a)There were no transfers among the levels within the fair value hierarchy during the years ended March 2026 or 2025.
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:
(In thousands) Contingent Consulting Fees
Balance, March 2025 $ 23,900 
Cash payments (20,000)
Change in fair value 2,634 
Balance, March 2026 $ 6,534