XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.20.4

Investments (Tables) | 9 Months Ended
--- | ---
Jan. 23, 2021
Investments, Debt and Equity Securities [Abstract] |
Summary of investments | The following summarizes our investments:
(Unaudited, amounts in thousands) |  | 1/23/21 |  | 4/25/20
Short-term investments: |  |  |  |
Marketable securities |  | $ | 17,586 |  |  | $ | 18,634 |
Held-to-maturity investments |  | 2,643 |  |  | 3,337 |
Total short-term investments |  | 20,229 |  |  | 21,971 |
Long-term investments: |  |  |  |
Marketable securities |  | 25,243 |  |  | 19,572 |
Cost basis investments |  | 7,579 |  |  | 6,479 |
Total long-term investments |  | 32,822 |  |  | 26,051 |
Total investments |  | $ | 53,051 |  |  | $ | 48,022 |
Investments to enhance returns on cash |  | $ | 30,553 |  |  | $ | 28,622 |
Investments to fund compensation/retirement plans |  | 14,919 |  |  | 12,921 |
Other investments |  | 7,579 |  |  | 6,479 |
Total investments |  | $ | 53,051 |  |  | $ | 48,022 |
Summary of unrealized gains, unrealized losses, and fair value by investment type | The following is a summary of the unrealized gains, unrealized losses, and fair value by investment type:
|  | 1/23/21 |  | 4/25/20
(Unaudited, amounts in thousands) |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Equity securities |  | $ | 2,671 |  |  | $ | — |  |  | $ | 15,492 |  |  | $ | 1,011 |  |  | $ | (6,390) |  |  | $ | 12,692 |
Fixed income |  | 182 |  |  | (19) |  |  | 32,932 |  |  | 268 |  |  | (56) |  |  | 30,213 |
Other |  | 604 |  |  | — |  |  | 4,627 |  |  | 372 |  |  | — |  |  | 5,117 |
Total securities |  | $ | 3,457 |  |  | $ | (19) |  |  | $ | 53,051 |  |  | $ | 1,651 |  |  | $ | (6,446) |  |  | $ | 48,022 |
Summary of sales of marketable securities | The following table summarizes sales of marketable securities:
|  | Quarter Ended |  | Nine Months Ended
(Unaudited, amounts in thousands) |  | 1/23/21 |  | 1/25/20 |  | 1/23/21 |  | 1/25/20
Proceeds from sales |  | $ | 6,807 |  |  | $ | 11,517 |  |  | $ | 23,824 |  |  | $ | 23,887 |
Gross realized gains |  | 169 |  |  | 431 |  |  | 479 |  |  | 618 |
Gross realized losses |  | (15) |  |  | (62) |  |  | (41) |  |  | (150) |
Summary of fair value of fixed icome marketable securities | The following is a summary of the fair value of fixed income marketable securities, classified as available-for-sale securities, by contractual maturity:
(Unaudited, amounts in thousands) |  | 1/23/21
Within one year |  | $ | 17,678 |
Within two to five years |  | 12,472 |
Within six to ten years |  | 1,114 |
Thereafter |  | 1,668 |
Total |  | $ | 32,932 |

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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 Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. + References No definition available. + Details
Name: | us-gaap_MarketableSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of realized gains and losses on investments reported in the statement of income. + References No definition available. + Details
Name: | us-gaap_RealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details
Name: | us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration