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Investments
9 Months Ended
Jan. 25, 2025
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)1/25/20254/27/2024
Short-term investments:
Marketable securities$11 $5,553 
Held-to-maturity investments2,594 1,259 
Total short-term investments2,605 6,812 
Long-term investments:
Marketable securities12,508 12,690 
Total investments$15,113 $19,502 
Investments to enhance returns on cash$2,594 $6,754 
Investments to fund compensation/retirement plans12,519 12,748 
Total investments$15,113 $19,502 
The following is a summary of the unrealized gains, unrealized losses, and fair value by investment type:

1/25/20254/27/2024
(Unaudited, amounts in thousands)Gross
Unrealized 
Gains
Gross
Unrealized 
Losses
Fair ValueGross
Unrealized 
Gains
Gross
Unrealized 
Losses
Fair Value
Equity securities$804 $— $3,713 $476 $— $3,728 
Fixed income79 (89)6,257 15 (72)12,015 
Other392 (19)5,143 707 (14)3,759 
Total securities$1,275 $(108)$15,113 $1,198 $(86)$19,502 

The following table summarizes sales of marketable securities:

Quarter EndedNine Months Ended
(Unaudited, amounts in thousands)1/25/20251/27/20241/25/20251/27/2024
Proceeds from sales$1,490 $1,381 $11,715 $21,849 
Gross realized gains85 33 518 1,909 
Gross realized losses— — (35)(740)

As of January 25, 2025, we held $6.3 million of fixed income marketable securities, classified as available-for-sale securities, all of which do not have a single contractual maturity date.