Note 4: Investments

Included in other long-term assets were available-for-sale investments of $10.5 million and trading securities of $1.4 million at July 30, 2011 and available-for-sale investments of $11.2 million and trading securities of $1.8 million at April 30, 2011. These investments fund future obligations of our non-qualified retirement plan and our executive qualified deferred compensation plan. All unrealized gains or losses in the table below which have not been recognized as other-than-temporary losses were included in accumulated other comprehensive income/(loss) within our statement of changes in equity. We did not have any unrealized gains or losses which were considered other-than-temporary during fiscal 2012 or fiscal 2011.

The following is a summary of investments at July 30, 2011, and April 30, 2011:

As of July 30, 2011
(Unaudited amounts in thousands)	Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Equity securities	$	2,482	$	(31	)	$	6,830
Fixed income		96		(6	)		3,498
Mutual funds		0		0			1,360
Other		0		0			205
Total securities	$	2,578	$	(37	)	$	11,893

As of April 30, 2011
(Unaudited amounts in thousands)	Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Equity securities	$	3,286	$	(10	)	$	8,010
Fixed income		81		(9	)		3,009
Mutual funds		0		0			1,837
Other		0		0			155
Total securities	$	3,367	$	(19	)	$	13,011

The following table summarizes sales of available-for-sale securities (for the fiscal quarters ended):

(Amounts in thousands)	7/30/2011			7/24/2010
Proceeds from sales	$	2,160		$	2,137
Gross realized gains		395			147
Gross realized losses		(3	)		(35	)

The fair value of fixed income available-for-sale securities by contractual maturity was $0.1 million within one year, $1.3 million within two to five years, $1.3 million within six to ten years and $0.8 million thereafter.