XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Investments | 6 Months Ended
--- | ---
Oct. 27, 2018
Investments |
Investments | Note 6: Investments We have current and long-term investments intended to enhance returns on our cash as well as to fund future obligations of our non-qualified defined benefit retirement plan, our executive deferred compensation plan, and our performance compensation retirement plan. We also hold other investments consisting of cost-basis preferred shares of two privately-held companies. Our short-term investments are included in other current assets and our long-term investments are included in other long-term assets on our consolidated balance sheet. The following summarizes our investments at October 27, 2018, and April 28, 2018:
(Unaudited, amounts in thousands) |  | 10/27/18 |  | 4/28/18
Short-term investments: |  |  |  |  |  |
Marketable securities |  | $ | 13,052 |  | $ | 12,926
Held-to-maturity investments |  |  | 3,218 |  |  | 3,340
Total short-term investments |  |  | 16,270 |  |  | 16,266
Long-term investments: |  |  |  |  |  |
Marketable securities |  |  | 27,061 |  |  | 32,134
Cost basis investments |  |  | 10,954 |  |  | 10,954
Total long-term investments |  |  | 38,015 |  |  | 43,088
Total investments |  | $ | 54,285 |  | $ | 59,354
Investments to enhance returns on cash |  | $ | 29,795 |  | $ | 34,359
Investments to fund compensation/retirement plans |  | $ | 13,536 |  | $ | 14,041
Other investments |  | $ | 10,954 |  | $ | 10,954
The following is a summary of the unrealized gains, unrealized losses, and fair value by investment type at October 27, 2018, and April 28, 2018:
At October 27, 2018 |  |  |  |  |  |  |  |  |
|  | Gross |  | Gross |  |
(Unaudited, amounts in thousands) |  | Unrealized Gains |  | Unrealized Losses |  | Fair Value
Equity securities |  | $ | 1,889 |  | $ | (99) |  | $ | 18,525
Fixed income |  |  | 27 |  |  | (333) |  |  | 31,339
Other |  |  | 221 |  |  | (11) |  |  | 4,421
Total securities |  | $ | 2,137 |  | $ | (443) |  | $ | 54,285
At April 28, 2018 |  |  |  |  |  |  |  |  |
|  | Gross |  | Gross |  |
(Unaudited, amounts in thousands) |  | Unrealized Gains |  | Unrealized Losses |  | Fair Value
Equity securities |  | $ | 2,142 |  | $ | (39) |  | $ | 18,765
Fixed income |  |  | 29 |  |  | (418) |  |  | 36,312
Other |  |  | 72 |  |  | — |  |  | 4,277
Total securities |  | $ | 2,243 |  | $ | (457) |  | $ | 59,354
The following table summarizes sales of marketable securities:
|  | Quarter Ended |  | Six Months Ended
(Unaudited, amounts in thousands) |  | 10/27/18 |  | 10/28/17 |  | 10/27/18 |  | 10/28/17
Proceeds from sales |  | $ | 2,992 |  | $ | 5,672 |  | $ | 7,754 |  | $ | 11,529
Gross realized gains |  |  | 10 |  |  | 16 |  |  | 85 |  |  | 418
Gross realized losses |  |  | (11) |  |  | (7) |  |  | (66) |  |  | (228)
At October 27, 2018, the fair value of fixed income marketable securities, which are classified as available-for-sale securities, by contractual maturity was $13.0 million within one year, $16.3 million within two to five years, $1.2 million within six to ten years, and $0.8 million thereafter.

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/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=4738149 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2176304 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2324412 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2209399 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 954 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2289146 + Details
Name: | us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration