v3.26.1
Investments
12 Months Ended
Apr. 25, 2026
Investments, Debt and Equity Securities [Abstract]  
Investments
Note 8: 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)4/25/20264/26/2025
Short-term investments:
Marketable securities$41 $10 
Held-to-maturity investments5,510 2,607 
Total short-term investments5,551 2,617 
Long-term investments:
Marketable securities12,482 12,284 
Total investments$18,033 $14,901 
Investments to enhance returns on cash$5,510 $2,607 
Investments to fund compensation/retirement plans12,523 12,294 
Total investments$18,033 $14,901 

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

4/25/20264/26/2025
(Amounts in thousands)Gross
Unrealized 
Gains
Gross
Unrealized 
Losses
Fair ValueGross
Unrealized 
Gains
Gross
Unrealized 
Losses
Fair Value
Equity securities$1,289 $— $3,787 $618 $— $3,489 
Fixed income161 (24)6,163 114 (50)6,335 
Other255 (92)8,083 322 (15)5,077 
Total securities$1,705 $(116)$18,033 $1,054 $(65)$14,901 

The following table summarizes sales of marketable securities:

Fiscal Year Ended
(52 weeks)(52 weeks)(52 weeks)
(Amounts in thousands)4/25/20264/26/20254/27/2024
Proceeds from sales$1,751 $11,994 $23,328 
Gross realized gains379 559 1,967 
Gross realized losses(2)(40)(768)

As of April 25, 2026, we held $6.2 million of fixed income marketable securities, classified as available-for-sale securities, all of which do not have a single contractual maturity date.