v3.26.3
Investment Securities Available-for-Sale
3 Months Ended
Aug. 29, 2026
Investment Securities Available-for-Sale [Abstract]  
Investment Securities Available-for-Sale
Note 3 -
Investment
Securities
Available-for-Sale
The
following represents
the
Company’s
investment
securities available
-for-sale
as
of
August 29, 2026
and
May
30, 2026
(in
thousands):
August 29,
2026
Amortized
Cost
Unrealized
Gains
Unrealized
Losses
Estimated
Fair Value
Municipal bonds
$
6,267
$
3
$
—
$
6,270
Commercial
paper
19,234
—
9
19,225
Corporate
bonds
459,391
—
1,739
457,652
Certificates
of deposits
2,746
—
8
2,738
US government
and
agency
obligations
135,650
—
424
135,226
Treasury
bills
32,957
—
18
32,939
Total
current investment
securities
$
656,245
$
3
$
2,198
$
654,050
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
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 August 29,
2026
are as
follows (in thousands):
Estimated
Fair Value
Within one
year
$
342,726
1-5 years
311,324
Total
$
654,050