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Marketable Securities (Tables)
12 Months Ended
Apr. 30, 2022
Investments, Debt and Equity Securities [Abstract]  
Summary of Fair Value of Company's Investments By Type

The following tables summarize the fair value of the Company’s investments by type as of April 30, 2022 and 2021:

 

 

April 30, 2022

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

Cost

 

 

Gains

 

 

Losses

 

 

Value

 

Corporate debt securities

$

112,997

 

 

$

2

 

 

$

(994

)

 

$

112,005

 

Obligations of the U.S. Government and its agencies

 

23,602

 

 

 

 

 

 

(137

)

 

 

23,465

 

Total investments

$

136,599

 

 

$

2

 

 

$

(1,131

)

 

$

135,470

 

 

 

April 30, 2021

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

Cost

 

 

Gains

 

 

Losses

 

 

Value

 

Corporate debt securities

$

158,063

 

 

$

55

 

 

$

(245

)

 

$

157,873

 

Obligations of the U.S. Government and its agencies

 

40,473

 

 

 

7

 

 

 

(16

)

 

 

40,464

 

Total investments

$

198,536

 

 

$

62

 

 

$

(261

)

 

$

198,337

 

Summary of Company's Investments with Unrealized Losses, Aggregated by Investment Type

The following table summarizes the Company’s investments with unrealized losses, aggregated by investment type and the length of time that individual investments have been in a continuous unrealized loss position:

 

 

April 30, 2022

 

 

 

 

 

Less than 12 Months

 

 

Greater than 12 Months

 

 

Total

 

 

Fair Value

 

 

Unrealized Loss

 

 

Fair Value

 

 

Unrealized Loss

 

 

Fair Value

 

 

Unrealized Loss

 

Corporate debt securities

$

98,997

 

 

$

(895

)

 

$

13,008

 

 

$

(99

)

 

$

112,005

 

 

$

(994

)

Obligations of the U.S. Government and its agencies

 

23,465

 

 

 

(137

)

 

 

 

 

 

 

 

 

23,465

 

 

 

(137

)

Total investments

$

122,462

 

 

$

(1,032

)

 

$

13,008

 

 

$

(99

)

 

$

135,470

 

 

$

(1,131

)

Summary of Scheduled Maturity for Marketable Securities

The following table summarizes the scheduled maturity for the Company’s investments at April 30, 2022:

 

 

April 30,

 

 

2022

 

Maturing in one year or less

$

101,664

 

Maturing after one year through two years

 

22,562

 

Maturing after two years through six years

 

11,244

 

Total investments

$

135,470