Investments (Tables)

6 Months Ended

Oct. 28, 2023

Investments, Debt and Equity Securities [Abstract]

The following summarizes our investments:


(Unaudited, amounts in thousands)	10/28/2023		4/29/2023
Short-term investments:
Marketable securities	$	6,500	$	5,043
Held-to-maturity investments	1,285		1,351
Total short-term investments	7,785		6,394
Long-term investments:
Marketable securities	13,556		18,509


Total investments	$	21,341	$	24,903

Investments to enhance returns on cash	$	8,652	$	11,617
Investments to fund compensation/retirement plans	12,689		13,286

Total investments	$	21,341	$	24,903

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:


	10/28/2023						4/29/2023
(Unaudited, amounts in thousands)	Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Equity securities	$	—	$	(138)	$	3,805	$	1,338	$	(103)	$	6,853
Fixed income	—		(400)		13,714		42		(620)		14,039
Other	1,165		—		3,822		1,171		—		4,011
Total securities	$	1,165	$	(538)	$	21,341	$	2,551	$	(723)	$	24,903

Summary of Sales of Marketable Securities

The following table summarizes sales of marketable securities:


	Quarter Ended				Six Months Ended
(Unaudited, amounts in thousands)	10/28/2023		10/29/2022		10/28/2023		10/29/2022
Proceeds from sales	$	8,064	$	8,418	$	20,468	$	12,664
Gross realized gains	1,715		22		1,876		49
Gross realized losses	(272)		(70)		(740)		(126)

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)	10/28/2023
Within one year	$	6,405
Within two to five years	961


Securities not due at a single maturity date	6,348
Total	$	13,714