MAXIM INTEGRATED PRODUCTS INC - 10-K filing on 2019-08-21

Fair Value Measurements (Tables)

12 Months Ended

Jun. 29, 2019

Assets and liabilities measured at fair value on a recurring basis were as follows:



	As of June 29, 2019								As of June 30, 2018
	Fair Value								Fair Value
	Measurements Using						Total		Measurements Using						Total
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	(in thousands)
Assets
Cash and cash equivalents
Agency securities	$	—	$	—	$	—	$	—	$	—	$	13,946	$	—	$	13,946
Certificates of deposit	—		—		—		—		—		6,000		—		6,000
Commercial paper	—		—		—		—		—		45,063		—		45,063
Corporate debt securities	—		—		—		—		—		3,819		—		3,819
Money market funds	186,819		—		—		186,819		98,467		—		—		98,467
U.S. Treasury securities	—		—		—		—		—		30,988		—		30,988
Short term investments
Certificates of deposit	—		1,000		—		1,000		—		52,428		—		52,428
Commercial paper	—		—		—		—		—		64,354		—		64,354
Corporate debt securities	—		139,990		—		139,990		—		367,765		—		367,765
U.S. Treasury securities	—		—		—		—		—		598,368		—		598,368
Other current assets
Foreign currency forward contracts	—		651		—		651		—		235		—		235
Total	$	186,819	$	141,641	$	—	$	328,460	$	98,467	$	1,182,966	$	—	$	1,281,433

Liabilities
Accrued expenses
Foreign currency forward contracts	$	—	$	148	$	—	$	148	$	—	$	1,845	$	—	$	1,845
Contingent consideration	—		—		9,052		9,052		—		—		8,000		8,000
Other liabilities
Contingent consideration	—		—		—		—		—		—		8,000		8,000
Total	$	—	$	148	$	9,052	$	9,200	$	—	$	1,845	$	16,000	$	17,845