Investments (Tables)

3 Months Ended

Jul. 24, 2021

Investments, Debt and Equity Securities [Abstract]

The following summarizes our investments:


(Unaudited, amounts in thousands)	7/24/2021		4/24/2021
Short-term investments:
Marketable securities	$	17,602	$	18,037
Held-to-maturity investments	2,414		2,532
Total short-term investments	20,016		20,569
Long-term investments:
Marketable securities	28,055		27,256
Cost basis investments	7,579		7,579
Total long-term investments	35,634		34,835
Total investments	$	55,650	$	55,404

Investments to enhance returns on cash	$	32,519	$	32,475
Investments to fund compensation/retirement plans	15,552		15,350
Other investments	7,579		7,579
Total investments	$	55,650	$	55,404

Summary of unrealized gains, unrealized losses, and fair value by investment type

The following is a summary of the unrealized gains, unrealized losses, and fair value by investment type:


	7/24/2021						4/24/2021
(Unaudited, amounts in thousands)	Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Equity securities	$	2,981	$	(5)	$	15,025	$	2,798	$	(5)	$	14,954
Fixed income	175		(24)		35,867		136		(29)		35,631
Other	552		—		4,758		559		—		4,819
Total securities	$	3,708	$	(29)	$	55,650	$	3,493	$	(34)	$	55,404

Summary of sales of marketable securities

The following table summarizes sales of marketable securities:


	Quarter Ended
(Unaudited, amounts in thousands)	7/24/2021		7/25/2020
Proceeds from sales	$	9,715	$	13,725
Gross realized gains	267		126
Gross realized losses	(11)		(18)

Summary of fair value of fixed income marketable securities

The following is a summary of the fair value of fixed income marketable securities, classified as available-for-sale securities, by contractual maturity:


(Unaudited, amounts in thousands)	7/24/2021
Within one year	$	17,506
Within two to five years	15,351
Within six to ten years	1,316
Thereafter	1,694
Total	$	35,867