Investments (Tables)

9 Months Ended

Jan. 22, 2022

Investments, Debt and Equity Securities [Abstract]

The following summarizes our investments:


(Unaudited, amounts in thousands)	1/22/2022		4/24/2021
Short-term investments:
Marketable securities	$	14,835	$	18,037
Held-to-maturity investments	1,391		2,532
Total short-term investments	16,226		20,569
Long-term investments:
Marketable securities	28,864		27,256
Cost basis investments	7,579		7,579
Total long-term investments	36,443		34,835
Total investments	$	52,669	$	55,404

Investments to enhance returns on cash	$	29,754	$	32,475
Investments to fund compensation/retirement plans	15,336		15,350
Other investments	7,579		7,579
Total investments	$	52,669	$	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:


	1/22/2022						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	$	2,004	$	(55)	$	14,535	$	2,798	$	(5)	$	14,954
Fixed income	92		(204)		33,780		136		(29)		35,631
Other	1,290		—		4,354		559		—		4,819
Total securities	$	3,386	$	(259)	$	52,669	$	3,493	$	(34)	$	55,404

Summary of sales of marketable securities

The following table summarizes sales of marketable securities:


	Quarter Ended				Nine Months Ended
(Unaudited, amounts in thousands)	1/22/2022		1/23/2021		1/22/2022		1/23/2021
Proceeds from sales	$	7,784	$	6,807	$	29,437	$	23,824
Gross realized gains	142		169		696		479
Gross realized losses	(20)		(15)		(356)		(41)

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)	1/22/2022
Within one year	$	14,832
Within two to five years	16,341
Within six to ten years	967
Thereafter	1,640
Total	$	33,780