Investments (Tables)

9 Months Ended

Jan. 25, 2020

Investments, Debt and Equity Securities [Abstract]

Summary of investments

The following summarizes our investments:

(Unaudited, amounts in thousands)	1/25/20		4/27/19
Short-term investments:
Marketable securities	$	18,891	$	18,016
Held-to-maturity investments	3,542		3,341
Total short-term investments	22,433		21,357
Long-term investments:
Marketable securities	21,902		24,085
Cost basis investments	6,479		11,979
Total long-term investments	28,381		36,064
Total investments	$	50,814	$	57,421
Investments to enhance returns on cash	$	30,109	$	31,470
Investments to fund compensation/retirement plans	14,226		13,972
Other investments	6,479		11,979
Total investments	$	50,814	$	57,421

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:

	1/25/20							4/27/19
(Unaudited, amounts in thousands)	Gross Unrealized  Gains		Gross Unrealized  Losses			Fair Value		Gross Unrealized  Gains		Gross Unrealized  Losses			Fair Value
Equity securities	$	1,922	$	(6,000	)	$	13,600	$	1,841	$	—		$	19,535
Fixed income	199		(8		)	31,962		75		(111		)	33,217
Other	376		—			5,252		258		(13		)	4,669
Total securities	$	2,497	$	(6,008	)	$	50,814	$	2,174	$	(124	)	$	57,421

Summary of sales of marketable securities

The following table summarizes sales of marketable securities:

	Quarter Ended						Nine Months Ended
(Unaudited, amounts in thousands)	1/25/20			1/26/19			1/25/20			1/26/19
Proceeds from sales	$	11,517		$	6,550		$	23,887		$	14,304
Gross realized gains	431			726			618			811
Gross realized losses	(62		)	(261		)	(150		)	(327		)

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)	1/25/20
Within one year	$	19,041
Within two to five years	10,000
Within six to ten years	1,639
Thereafter	1,282
Total	$	31,962