Note 6: Investments

Our consolidated balance sheet at October 24, 2015, included $10.4 million of available-for-sale investments in other current assets and $35.3 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 October 24, 2015, and April 25, 2015, $31.8 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 October 24, 2015, and April 25, 2015:

At October 24, 2015

(Unaudited, amounts in thousands)	Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Equity securities	$	1,609	$	(97	)	$	8,261
Fixed income	151		(23		)	37,112
Other	1		(21		)	356

Total securities	$	1,761	$	(141	)	$	45,729

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						Six Months Ended
(Unaudited, amounts in thousands)	10/24/15			10/25/14			10/24/15			10/25/14
Proceeds from sales	$	6,426		$	7,405		$	19,409		$	17,827
Gross realized gains	26			31			703			45
Gross realized losses	(33		)	(22		)	(539		)	(30		)

The fair value of fixed income available-for-sale securities by contractual maturity was $10.7 million within one year, $24.4 million within two to five years, $1.9 million within six to ten years and $0.1 million thereafter.