FLEETWOOD ENTERPRISES, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
(5) Marketable Investments
Excess cash balances are invested primarily in short-term, exchange-traded debt instruments. Investments generally consist of non-equity type investments stated at market value.
The following is a summary of investment securities:
| Amortized Cost |
Gross Unrealized Gains |
Gross Unrealized Losses |
Estimated Fair Value |
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (Amounts in thousands) | |||||||||||||||
| April 30, 2006 Available-for-Sale Securities: U.S. corporate equity securities |
$ | 301 | $ | 20 | $ | — | $ | 321 | |||||||
| U.S. corporate debt securities | 3,077 | 6 | — | 3,083 | |||||||||||
| Foreign corporate debt securities | 19,330 | 37 | (3 | ) | 19,364 | ||||||||||
| $ | 22,708 | $ | 63 | $ | (3 | ) | $ | 22,768 | |||||||
| April 24, 2005 Available-for-Sale Securities: U.S. corporate equity securities |
$ | 301 | $ | 20 | $ | — | $ | 321 | |||||||
| U.S. corporate debt securities | 3,415 | 10 | — | 3,425 | |||||||||||
| Foreign corporate debt securities | 13,849 | 33 | (1 | ) | 13,881 | ||||||||||
| $ | 17,565 | $ | 63 | $ | (1 | ) | $ | 17,627 | |||||||
By contractual maturity, all marketable investments at April 30, 2006 are due in one year or less.