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Investments
 12 Months Ended
Apr. 27, 2013
Investments [Abstract]  
Investments
Note 7:  Investments

Our consolidated balance sheet at April 27, 2013, included $10.8 million of available-for-sale investments and $1.1 million of trading securities in other current assets and $29.2 million of available-for sale investments in other long-term assets. Available-for-sale investments of $10.2 million and trading securities of $1.0 million were included in other long-term assets in our consolidated balance sheet at April 28, 2012. At April 27, 2013, $29.9 million of these investments were to enhance returns on our cash. The remaining investments of $11.2 million at April 27, 2013, and our fiscal 2012 investments were designated to fund future obligations of our non-qualified defined benefit retirement plan and our executive deferred compensation plan. All unrealized gains or losses in the tables below relate to available-for-sale investments and were included in accumulated other comprehensive loss within our consolidated statement of changes in equity because none of them were considered other-than-temporary during fiscal 2013 or fiscal 2012. If there were a decline in fair value of an investment below its costs and the decline was considered other-than-temporary, the amount of decline below cost would be charged against earnings.

The following is a summary of investments at April 27, 2013, and April 28, 2012:
 
Fiscal 2013
         
(Amounts in thousands)
 
Gross
Unrealized Gains
  
Gross
Unrealized Losses
  
Fair Value
 
Equity securities
 
$
296
  
$
(152
)
 
$
6,668
 
Fixed income
  
159
   
(1
)
  
33,076
 
Mutual funds
  
—
   
—
   
1,126
 
Other
  
1
   
(3
)
  
220
 
Total securities
 
$
456
  
$
(156
)
 
$
41,090
 
 
            
Fiscal 2012
            
(Amounts in thousands)
 
Gross
Unrealized Gains
  
Gross
Unrealized Losses
  
Fair Value
 
Equity securities
 
$
2,806
  
$
(83
)
 
$
7,237
 
Fixed income
  
102
   
(7
)
  
2,850
 
Mutual funds
  
—
   
—
   
950
 
Other
  
—
   
—
   
163
 
Total securities
 
$
2,908
  
$
(90
)
 
$
11,200
 
 
The following table summarizes sales of available-for-sale securities (for the fiscal years ended):
 
(Amounts in thousands)
 
4/27/2013
  
4/28/2012
  
4/30/2011
 
Proceeds from sales
 
$
18,662
  
$
5,622
  
$
7,448
 
Gross realized gains
  
4,486
   
573
   
592
 
Gross realized losses
  
(1,316
)
  
(54
)
  
(63
)

The fair value of fixed income available-for-sale securities by contractual maturity was $10.8 million within one year, $20.8 million within two to five years, $1.0 million within six to ten years and $0.5 million thereafter.