Investments (Tables)

9 Months Ended

Jan. 27, 2024

Investments, Debt and Equity Securities [Abstract]

Summary of Investments

The following summarizes our investments:

(Unaudited, amounts in thousands)	1/27/2024		4/29/2023
Short-term investments:
Marketable securities	$	6,533	$	5,043
Held-to-maturity investments	1,304		1,351
Total short-term investments	7,837		6,394
Long-term investments:
Marketable securities	12,998		18,509
Total investments	$	20,835	$	24,903
Investments to enhance returns on cash	$	7,748	$	11,617
Investments to fund compensation/retirement plans	13,087		13,286
Total investments	$	20,835	$	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:

	1/27/2024						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	$	358	$	—	$	3,906	$	1,338	$	(103)	$	6,853
Fixed income	174		(120)		13,045		42		(620)		14,039
Other	804		(8)		3,884		1,171		—		4,011
Total securities	$	1,336	$	(128)	$	20,835	$	2,551	$	(723)	$	24,903

Summary of Sales of Marketable Securities

The following table summarizes sales of marketable securities:

	Quarter Ended				Nine Months Ended
(Unaudited, amounts in thousands)	1/27/2024		1/28/2023		1/27/2024		1/28/2023
Proceeds from sales	$	1,381	$	5,514	$	21,849	$	18,178
Gross realized gains	33		3		1,909		52
Gross realized losses	—		(81)		(740)		(207)

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)	1/27/2024
Within one year	$	6,445
Securities not due at a single maturity date	6,600
Total	$	13,045