Note 5: Investments

Our consolidated balance sheet at July 25, 2015, included $11.7 million of available-for-sale investments in other current assets and $39.4 million of available-for-sale investments in other long-term assets. We included available-for-sale investments of $16.8 million and trading securities of $1.1 million in other current assets and included available-for-sale investments of $43.3 million in other long-term assets in our consolidated balance sheet at April 25, 2015. At July 25, 2015, and April 25, 2015, $37.0 million and $45.5 million, respectively, of these investments were to enhance returns on our cash. We designated the remaining investments to fund future obligations of our non-qualified defined benefit retirement plan, our executive deferred compensation plan, and our performance compensation retirement plan.

The following is a summary of investments at July 25, 2015, and April 25, 2015:

At July 25, 2015

(Unaudited, amounts in thousands)	Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Equity securities	$	1,737	$	(113	)	$	8,367
Fixed income	126		(52		)	42,460
Mutual funds	—		—			7
Other	1		(20		)	304

Total securities	$	1,864	$	(185	)	$	51,138

At April 25, 2015

(Unaudited, amounts in thousands)	Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Equity securities	$	2,014	$	(78	)	$	9,251
Fixed income	224		(14		)	50,358
Mutual funds	—		—			1,127
Other	1		(22		)	459

Total securities	$	2,239	$	(114	)	$	61,195

The following table summarizes sales of available-for-sale securities:

	Quarter Ended
(Unaudited, amounts in thousands)	7/25/15			7/26/14
Proceeds from sales	$	12,983		$	10,422
Gross realized gains	677			14
Gross realized losses	(506		)	(8		)

The fair value of fixed income available-for-sale securities by contractual maturity was $12.1 million within one year, $28.7 million within two to five years, $1.5 million within six to ten years and $0.2 million thereafter.