Investments (Tables)

3 Months Ended

Jul. 30, 2022

Investments

Schedule of investments

Investments consist of the following (in thousands):

	July 30,		April 30,
	2022		2022
Short-term investments:
Available-for-sale securities:
Municipal securities		7,664		19,725
U.S. government securities		4,991		4,991
Total short-term investments	$	12,655	$	24,716
Equity method investments
Investments in limited partnership funds		17,707		15,433
Total equity method investments		17,707		15,433
Total long-term investments	$	17,707	$	15,433

Schedule of activity related to available-for-sale investments recorded in short-term and long-term investments

The following table is a summary of the activity related to the available-for-sale investments recorded in short-term and long-term investments as of July 30, 2022 and April 30, 2022, respectively (in thousands):

	July 30, 2022
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
Municipal securities	$	7,668	$	1	$	(5)	$	7,664
U.S. government securities		4,995		—		(4)		4,991
Total available-for-sale investments	$	12,663	$	1	$	(9)	$	12,655

	April 30, 2022
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
Municipal securities	$	19,756	$	—	$	(31)	$	19,725
U.S. government securities		4,995		—		(4)		4,991
Total available-for-sale investments	$	24,751	$	—	$	(35)	$	24,716

Schedule of amortized cost and fair value of the available-for-sale debt securities by contractual maturity

The amortized cost and fair value of the available-for-sale debt securities by contractual maturity at July 30, 2022 were as follows (in thousands):

	Cost		Fair Value
Due within one year	$	12,663	$	12,655
Due after one year through five years		—		—
Total	$	12,663	$	12,655