v3.25.2
Investments
12 Months Ended
Apr. 26, 2025
Investments, Debt and Equity Securities [Abstract]  
Investments
Note 7: Investments

We have current and long-term investments intended to enhance returns on our cash as well as to fund future obligations of certain retirement plans. Our short-term investments are included in other current assets and our long-term investments are included in other long-term assets on our consolidated balance sheet.
The following summarizes our investments:

(Amounts in thousands)4/26/20254/27/2024
Short-term investments:
Marketable securities$10 $5,553 
Held-to-maturity investments2,607 1,259 
Total short-term investments2,617 6,812 
Long-term investments:
Marketable securities12,284 12,690 
Total investments$14,901 $19,502 
Investments to enhance returns on cash$2,607 $6,754 
Investments to fund compensation/retirement plans12,294 12,748 
Total investments$14,901 $19,502 

The following is a summary of the unrealized gains, unrealized losses, and fair value by investment type:

4/26/20254/27/2024
(Amounts in thousands)Gross
Unrealized 
Gains
Gross
Unrealized 
Losses
Fair ValueGross
Unrealized 
Gains
Gross
Unrealized 
Losses
Fair Value
Equity securities$618 $— $3,489 $476 $— $3,728 
Fixed income114 (50)6,335 15 (72)12,015 
Other322 (15)5,077 707 (14)3,759 
Total securities$1,054 $(65)$14,901 $1,198 $(86)$19,502 


The following table summarizes sales of marketable securities:
Fiscal Year Ended
(52 weeks)(52 weeks)(52 weeks)
(Amounts in thousands)4/26/20254/27/20244/29/2023
Proceeds from sales$11,994 $23,328 $24,483 
Gross realized gains559 1,967 94 
Gross realized losses(40)(768)(242)

As of April 26, 2025, we held $6.3 million of fixed income marketable securities, classified as available-for-sale securities, all of which do not have a single contractual maturity date.