XML 20 R9.htm IDEA: XBRL DOCUMENT
v3.24.3

Investments | 6 Months Ended
--- | ---
Sep. 28, 2024
Investments, Debt and Equity Securities [Abstract] |
Investments | Investments Investments consisted of the following (in thousands):
| September 28, 2024 |  | March 30, 2024
Available-for-sale debt securities | $ | 20,482 |  |  | $ | 18,669 |
Marketable equity securities | 11,827 |  |  | 11,961 |
Non-marketable equity investments | 5,110 |  |  | 4,956 |
| 37,419 |  |  | 35,586 |
Less short-term investments | (24,574) |  |  | (18,270) |
| $ | 12,845 |  |  | $ | 17,316 |
The amortized cost and fair value of our investments in available-for-sale debt securities, by security type, are shown in the table below (in thousands):
| September 28, 2024 |  | March 30, 2024
| Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
Residential mortgage-backed securities | $ | 8,248 |  |  | $ | 8,246 |  |  | $ | 2,933 |  |  | $ | 2,865 |
State and political subdivision debt securities | 3,575 |  |  | 3,558 |  |  | 5,041 |  |  | 4,930 |
Corporate debt securities | 8,757 |  |  | 8,678 |  |  | 11,117 |  |  | 10,874 |
| $ | 20,580 |  |  | $ | 20,482 |  |  | $ | 19,091 |  |  | $ | 18,669 |
The amortized cost and fair value of our investments in available-for-sale debt securities, by contractual maturity, are shown in the table below (in thousands). Expected maturities may differ from contractual maturities as borrowers at times have the right to call or prepay obligations, with or without penalties.
| September 28, 2024
| Amortized Cost |  | Fair Value
Due in less than one year | $ | 7,534 |  |  | $ | 7,475 |
Due after one year through five years | 4,573 |  |  | 4,536 |
Due after five years through ten years | 225 |  |  | 225 |
Mortgage-backed securities | 8,248 |  |  | 8,246 |
| $ | 20,580 |  |  | $ | 20,482 |
Net investment gains and losses on marketable equity securities were as follows (in thousands):
| Three Months Ended |  | Six Months Ended
| September 28, 2024 |  | September 30, 2023 |  | September 28, 2024 |  | September 30, 2023
Marketable equity securities |  |  |  |  |  |  |
Net gain (loss) recognized during the period | $ | 514 |  |  | $ | (185) |  |  | $ | 60 |  |  | $ | 275 |
Less: Net loss (gain) recognized on securities sold during the period | 88 |  |  | (110) |  |  | (464) |  |  | (130) |
Unrealized gain (loss) recognized during the period on securities still held | $ | 602 |  |  | $ | (295) |  |  | $ | (404) |  |  | $ | 145 |

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for investments in certain debt and equity securities. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 940 -SubTopic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/940-320/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1403 -Paragraph b -Publisher SEC Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/320/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-10 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-6B Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6B -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-6B Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/942-320/tableOfContent + Details
Name: | us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration