XML 24 R14.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Investments | 9 Months Ended
--- | ---
Jan. 27, 2024
Investments, Debt and Equity Securities [Abstract] |
Investments | 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. 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:
(Unaudited, amounts in thousands) |  | 1/27/2024 |  | 4/29/2023
Short-term investments: |  |  |  |
Marketable securities |  | $ | 6,533 |  |  | $ | 5,043 |
Held-to-maturity investments |  | 1,304 |  |  | 1,351 |
Total short-term investments |  | 7,837 |  |  | 6,394 |
Long-term investments: |  |  |  |
Marketable securities |  | 12,998 |  |  | 18,509 |
Total investments |  | $ | 20,835 |  |  | $ | 24,903 |
Investments to enhance returns on cash |  | $ | 7,748 |  |  | $ | 11,617 |
Investments to fund compensation/retirement plans |  | 13,087 |  |  | 13,286 |
Total investments |  | $ | 20,835 |  |  | $ | 24,903 |
The following is a summary of the unrealized gains, unrealized losses, and fair value by investment type:
|  | 1/27/2024 |  | 4/29/2023
(Unaudited, amounts in thousands) |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Equity securities |  | $ | 358 |  |  | $ | — |  |  | $ | 3,906 |  |  | $ | 1,338 |  |  | $ | (103) |  |  | $ | 6,853 |
Fixed income |  | 174 |  |  | (120) |  |  | 13,045 |  |  | 42 |  |  | (620) |  |  | 14,039 |
Other |  | 804 |  |  | (8) |  |  | 3,884 |  |  | 1,171 |  |  | — |  |  | 4,011 |
Total securities |  | $ | 1,336 |  |  | $ | (128) |  |  | $ | 20,835 |  |  | $ | 2,551 |  |  | $ | (723) |  |  | $ | 24,903 |
The following table summarizes sales of marketable securities:
|  | Quarter Ended |  | Nine Months Ended
(Unaudited, amounts in thousands) |  | 1/27/2024 |  | 1/28/2023 |  | 1/27/2024 |  | 1/28/2023
Proceeds from sales |  | $ | 1,381 |  |  | $ | 5,514 |  |  | $ | 21,849 |  |  | $ | 18,178 |
Gross realized gains |  | 33 |  |  | 3 |  |  | 1,909 |  |  | 52 |
Gross realized losses |  | — |  |  | (81) |  |  | (740) |  |  | (207) |
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) |  | 1/27/2024
Within one year |  | $ | 6,445 |
Securities not due at a single maturity date |  | 6,600 |
Total |  | $ | 13,045 |

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/disclosureRef -Topic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//320/tableOfContent Reference 2: 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 3: 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 4: 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 5: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1403 -Paragraph (b) -Publisher SEC Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//946-320/tableOfContent Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 940 -SubTopic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//940-320/tableOfContent Reference 8: 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