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Financial Instruments and Fair Value (Tables)
6 Months Ended
Jul. 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 condensed consolidated balance sheets as follows:

 

 

 

As of July 31, 2020

 

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

 

 

 

(in thousands)

 

Money market funds

 

$

164

 

 

$

 

 

$

 

 

$

164

 

Commercial paper

 

 

61,621

 

 

 

 

 

 

 

 

 

61,621

 

Corporate bonds

 

 

96,410

 

 

 

1,274

 

 

 

(44

)

 

 

97,640

 

Asset-backed securities

 

 

19,904

 

 

 

240

 

 

 

 

 

 

20,144

 

U.S. government securities

 

 

34,330

 

 

 

117

 

 

 

 

 

 

34,447

 

Total cash equivalents and marketable debt securities

 

$

212,429

 

 

$

1,631

 

 

$

(44

)

 

$

214,016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Schedule Of Unrealized Losses Were In Continuous Position In Less Than Twelve Months

 

          As of July 31, 2020, there were no debt securities with unrealized losses for more than twelve months.

 

 

 

As of

 

 

 

July 31, 2020

 

 

January 31, 2020

 

 

 

(in thousands)

 

Included in cash equivalents

 

$

23,960

 

 

$

37,736

 

Included in marketable debt securities

 

 

190,056

 

 

 

173,345

 

Total cash equivalents and marketable debt securities

 

$

214,016

 

 

$

211,081

 

Summary of Contractual Maturities of Investments

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

 

 

 

As of

 

 

 

July 31, 2020

 

 

January 31, 2020

 

 

 

(in thousands)

 

Due within one year

 

$

139,040

 

 

$

146,267

 

Due within one to three years

 

 

74,976

 

 

 

64,814

 

Total cash equivalents and marketable debt securities

 

$

214,016

 

 

$

211,081

 

 

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 July 31, 2020 and January 31, 2020, respectively:

 

 

 

As of July 31, 2020

 

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

 

(in thousands)

 

Money market funds

 

$

164

 

 

$

164

 

 

$

 

 

$

 

Commercial paper

 

 

61,621

 

 

 

 

 

 

61,621

 

 

 

 

Corporate bonds

 

 

97,640

 

 

 

 

 

 

97,640

 

 

 

 

Asset-backed securities

 

 

20,144

 

 

 

 

 

 

20,144

 

 

 

 

U.S. government securities

 

 

34,447

 

 

 

 

 

 

34,447

 

 

 

 

Total cash equivalents and marketable debt securities

 

$

214,016

 

 

$

164

 

 

$

213,852

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

$