v3.26.1
Investment Securities Available-for-Sale
12 Months Ended
May 30, 2026
Investment Securities Available-for-Sale [Abstract]  
Investment Securities Available-for-Sale
Note 3 -
Investment
Securities
Available-for-Sale
The
following
presents
the
Company’s
investment
securities
available
-for-sale
as
of
May
30,
2026
and
May
31,
2025
(in
thousands):
May
30, 2026
Amortized
Cost
Unrealized
Gains
Unrealized
Losses
Estimated
Fair
Value
Municipal bonds
$
12,362
$
4
$
$
12,366
Commercial
paper
42,562
16
42,546
Corporate
bonds
569,137
742
568,395
Certificates
of deposits
3,226
6
3,220
US government
and
agency
obligations
153,172
187
152,985
Treasury
bills
37,334
6
37,328
Total
current investment
securities
$
817,793
$
4
$
957
$
816,840
May
31, 2025
Amortized
Cost
Unrealized
Gains
Unrealized
Losses
Estimated
Fair
Value
Municipal bonds
$
21,695
$
3
$
$
21,698
Commercial
paper
90,880
50
90,830
Corporate
bonds
431,378
130
431,508
Certificates
of deposits
5,200
6
5,194
US government
and
agency
obligations
240,655
260
240,395
Treasury
bills
103,119
36
103,083
Total
current investment
securities
$
892,927
$
133
$
352
$
892,708
Actual maturities
may
differ from
contractual
maturities as
some borrowers
have
the right to
call or
prepay
obligations
with
or
without penalties.
Contractual
maturities
of current
investment
securities at
May
30, 2026
are as
follows (in thousands):
Estimated
Fair Value
Within one
year
$
474,328
1-5 years
342,512
Total
$
816,840