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Financial Instruments and Fair Value (Tables)
12 Months Ended
Jan. 31, 2020
Investments All Other Investments [Abstract]  
Schedule of Available-for-Sale Securities at Fair Value All of the investments are classified as available-for-sale securities and reported at fair value in the consolidated balance sheets as follows:

 

 

 

As of January 31, 2020

 

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

 

 

 

(in thousands)

 

Money market funds

 

$

8,284

 

 

$

 

 

$

 

 

$

8,284

 

Commercial paper

 

 

63,390

 

 

 

 

 

 

 

 

 

63,390

 

Corporate bonds

 

 

95,053

 

 

 

653

 

 

 

 

 

 

95,706

 

Asset-backed securities

 

 

23,062

 

 

 

69

 

 

 

(2

)

 

 

23,129

 

U.S. government securities

 

 

20,524

 

 

 

48

 

 

 

 

 

 

20,572

 

Total cash equivalents and marketable debt securities

 

$

210,313

 

 

$

770

 

 

$

(2

)

 

$

211,081

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of January 31, 2019

 

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

 

 

 

(in thousands)

 

Money market funds

 

$

8,914

 

 

$

 

 

$

 

 

$

8,914

 

Certificates of Deposit

 

 

7,012

 

 

 

 

 

 

 

 

 

7,012

 

Commercial paper

 

 

68,233

 

 

 

 

 

 

 

 

 

68,233

 

Corporate bonds

 

 

87,250

 

 

 

170

 

 

 

(60

)

 

 

87,360

 

Asset-backed securities

 

 

11,607

 

 

 

3

 

 

 

(6

)

 

 

11,604

 

U.S. government securities

 

 

21,993

 

 

 

3

 

 

 

(13

)

 

 

21,983

 

Total cash equivalents and marketable debt securities

 

$

205,009

 

 

$

176

 

 

$

(79

)

 

$

205,106

 

Schedule of Cash Equivalents and Marketable Debt Securities

 

 

 

 

As of

 

 

 

January 31, 2020

 

 

January 31, 2019

 

 

 

(in thousands)

 

Included in cash equivalents

 

$

37,736

 

 

$

40,245

 

Included in marketable debt securities

 

 

173,345

 

 

 

164,861

 

Total cash equivalents and marketable debt securities

 

$

211,081

 

 

$

205,106

 

Summary of Contractual Maturities of Investments

The contractual maturities of the investments at January 31, 2020 and 2019 were as follows:

 

 

 

As of

 

 

 

January 31, 2020

 

 

January 31, 2019

 

 

 

(in thousands)

 

Due within one year

 

$

146,267

 

 

$

151,991

 

Due within one to three years

 

 

64,814

 

 

 

53,115

 

Total cash equivalents and marketable debt securities

 

$

211,081

 

 

$

205,106

 

Schedule of Fair Value of Financial Instruments Measured on Recurring Basis

The following tables present the fair value of the financial instruments measured on a recurring basis as of January 31, 2020 and 2019, respectively:

 

 

 

As of January 31, 2020

 

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

 

(in thousands)

 

Money market funds

 

$

8,284

 

 

$

8,284

 

 

$

 

 

$

 

Commercial paper

 

 

63,390

 

 

 

 

 

 

63,390

 

 

 

 

Corporate bonds

 

 

95,706

 

 

 

 

 

 

95,706

 

 

 

 

Asset-backed securities

 

 

23,129

 

 

 

 

 

 

23,129

 

 

 

 

U.S. government securities

 

 

20,572

 

 

 

 

 

 

20,572

 

 

 

 

Total cash equivalents and marketable debt securities

 

$

211,081

 

 

$

8,284

 

 

$

202,797

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of January 31, 2019

 

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

 

(in thousands)

 

Money market funds

 

$

8,914

 

 

$

8,914

 

 

$

 

 

$

 

Certificates of Deposit

 

 

7,012

 

 

 

7,012

 

 

 

 

 

 

 

 

 

Commercial paper

 

 

68,233

 

 

 

 

 

 

68,233

 

 

 

 

Corporate bonds

 

 

87,360

 

 

 

 

 

 

87,360

 

 

 

 

Asset-backed securities

 

 

11,604

 

 

 

 

 

 

11,604

 

 

 

 

U.S. government securities

 

 

21,983

 

 

 

 

 

 

21,983

 

 

 

 

Total cash equivalents and marketable debt securities

 

$

205,106

 

 

$

15,926

 

 

$

189,180

 

 

$