Investments (Tables)

12 Months Ended

Apr. 29, 2023

Investments, Debt and Equity Securities [Abstract]

The following summarizes our investments:


(Amounts in thousands)	4/29/2023		4/30/2022
Short-term investments:
Marketable securities	$	5,043	$	16,022
Held-to-maturity investments	1,351		1,337
Total short-term investments	6,394		17,359
Long-term investments:
Marketable securities	18,509		26,599
Cost basis investments	—		7,579
Total long-term investments	18,509		34,178
Total investments	$	24,903	$	51,537

Investments to enhance returns on cash	$	11,617	$	27,239
Investments to fund compensation/retirement plans	13,286		14,219
Other investments	—		10,079
Total investments	$	24,903	$	51,537

Schedule of Unrealized Gains, Unrealized Losses and Fair Value

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


	4/29/2023						4/30/2022
(Amounts in thousands)	Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Equity securities	$	1,338	$	(103)	$	6,853	$	1,448	$	(86)	$	13,905
Fixed income	42		(620)		14,039		28		(809)		33,521
Other	1,171		—		4,011		1,250		—		4,111
Total securities	$	2,551	$	(723)	$	24,903	$	2,726	$	(895)	$	51,537

Schedule of Sales of Marketable Securities

The following table summarizes sales of marketable securities:


	Fiscal Year Ended
	(52 weeks)		(53 weeks)		(52 weeks)
(Amounts in thousands)	4/29/2023		4/30/2022		4/24/2021
Proceeds from sales	$	24,483	$	35,116	$	33,631
Gross realized gains	94		879		1,026
Gross realized losses	(242)		(402)		(71)

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


(Amounts in thousands)	4/29/2023
Within one year	$	5,038
Within two to five years	6,612
Within six to ten years	674
Thereafter	1,715
Total	$	14,039