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Investments | 12 Months Ended
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Apr. 27, 2019
Investments |
Investments | Note 7: 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 April 27, 2019, and April 28, 2018:
(Amounts in thousands) |  | 4/27/2019 |  | 4/28/2018
Short-term investments: |  |  |  |  |  |
Marketable securities |  | $ | 18,016 |  | $ | 12,926
Held-to-maturity investments |  |  | 3,341 |  |  | 3,340
Total short-term investments |  |  | 21,357 |  |  | 16,266
Long-term investments: |  |  |  |  |  |
Marketable securities |  |  | 24,085 |  |  | 32,134
Cost basis investments |  |  | 11,979 |  |  | 10,954
Total long-term investments |  |  | 36,064 |  |  | 43,088
Total investments |  | $ | 57,421 |  | $ | 59,354
Investments to enhance returns on cash |  | $ | 31,470 |  | $ | 34,359
Investments to fund compensation/retirement plans |  | $ | 13,972 |  | $ | 14,041
Other investments |  | $ | 11,979 |  | $ | 10,954
The following is a summary of the unrealized gains, unrealized losses, and fair value by investment type at April 27, 2019, and April 28, 2018: Fiscal 2019
|  | Gross |  | Gross |  |  |
(Amounts in thousands) |  | Unrealized Gains |  | Unrealized Losses |  | Fair Value
Equity securities |  | $ | 1,841 |  | $ | — |  | $ | 19,535
Fixed income |  |  | 75 |  |  | (111) |  |  | 33,217
Other |  |  | 258 |  |  | (13) |  |  | 4,669
Total securities |  | $ | 2,174 |  | $ | (124) |  | $ | 57,421
Fiscal 2018
|  | Gross |  | Gross |  |  |
(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 (for the fiscal years ended):
|  | (52 weeks) |  | (52 weeks) |  | (52 weeks)
(Amounts in thousands) |  | 4/27/2019 |  | 4/28/2018 |  | 4/29/2017
Proceeds from sales |  | $ | 20,944 |  | $ | 22,674 |  | $ | 19,954
Gross realized gains |  |  | 1,152 |  |  | 1,302 |  |  | 926
Gross realized losses |  |  | (496) |  |  | (532) |  |  | (455)
At April 27, 2019, the fair value of our fixed income marketable securities, classified as available-for-sale securities, by contractual maturity was $18.1 million within one year, $12.7 million within two to five years, $1.5 million within six to ten years and $0.9 million thereafter.

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