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Investments (Tables)
9 Months Ended
Dec. 28, 2024
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investments
Investments consisted of the following (in thousands):
December 28,
2024
March 30,
2024
Available-for-sale debt securities$21,783 $18,669 
Marketable equity securities
7,434 11,961 
Non-marketable equity investments
5,132 4,956 
34,349 35,586 
Less short-term investments(16,062)(18,270)
$18,287 $17,316 
Schedule of Available-for-Sale Securities Reconciliation
The amortized cost and fair value of our investments in available-for-sale debt securities, by security type, are shown in the table below (in thousands):
December 28, 2024March 30, 2024
Amortized
Cost
Fair
Value
Amortized CostFair
Value
Residential mortgage-backed securities
$4,146 $4,093 $2,933 $2,865 
State and political subdivision debt securities
6,565 6,515 5,041 4,930 
Corporate debt securities
11,257 11,175 11,117 10,874 
$21,968 $21,783 $19,091 $18,669 
Schedule of Contractual Maturity of Investment Securities
The amortized cost and fair value of our investments in available-for-sale debt securities, by contractual maturity, are shown in the table below (in thousands). Expected maturities may differ from contractual maturities as borrowers at times have the right to call or prepay obligations, with or without penalties.
December 28, 2024
Amortized
Cost
Fair
Value
Due in less than one year$8,402 $8,332 
Due after one year through five years7,088 7,047 
Due after five years through ten years2,332 2,311 
Mortgage-backed securities4,146 4,093 
$21,968 $21,783 
Schedule of Gain (Loss) on Securities
Net investment gains and losses on marketable equity securities were as follows (in thousands):
Three Months EndedNine Months Ended
December 28,
2024
December 30,
2023
December 28,
2024
December 30,
2023
Marketable equity securities
Net gain (loss) recognized during the period$(954)$776 $(440)$1,051 
Less: Net (gain) recognized on securities sold during the period(1,649)(235)(1,561)(365)
Unrealized gain (loss) recognized during the period on securities still held$(2,603)$541 $(2,001)$686