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Investments (Tables)
12 Months Ended
Apr. 30, 2014
Investments  
Schedule of investments
  April 30,  
 
  2014   2013  
 
  (In thousands)
 

Short-term investments:

             

Held-to-maturity securities:

             

Municipal securities

  $ 69,898   $ 73,241  

Certificates of deposit

    741      
           

Total short-term investments

  $ 70,639   $ 73,241  
           
           

Long-term investments:

             

Held-to-maturity securities:

             

Municipal securities

  $ 29,759   $ 54,158  

Certificates of deposit

    3,889      
           

Total held-to-maturity investments

    33,648     54,158  

Available-for-sale securities:

             

Auction rate securities

    5,683     5,687  

Convertible bonds

    5,865     9,071  

Equity securities

    5,309      
           

Total available-for-sale investments

    16,857     14,758  
           

Total long-term investments

  $ 50,505   $ 68,916  
           
           
Schedule of amortized cost, gross unrealized losses, and estimated fair value of held-to-maturity investments

The amortized cost, gross unrealized losses, and estimated fair value of the held-to-maturity investments as of April 30, are as follows (in thousands):

 
  2014   2013  
 
  Amortized
Cost
  Gross
Unrealized
Gains
  Gross
Unrealized
Losses
  Fair
Value
  Amortized
Cost
  Gross
Unrealized
Gains
  Gross
Unrealized
Losses
  Fair
Value
 

Municipal securities

  $ 99,657   $ 65   $ (9 ) $ 99,713   $ 127,399   $ 49   $ (23 ) $ 127,425  

Certificates of deposit

    4,630             4,630                  
                                   

Total held-to-maturity investments

  $ 104,287   $ 65   $ (9 ) $ 104,343   $ 127,399   $ 49   $ (23 ) $ 127,425  
                                   
                                   
Held-to-maturity securities
 
Investments  
Schedule of amortized cost and fair value by contractual maturity

   The amortized cost and fair value of the Company's held-to-maturity securities by contractual maturity at April 30, 2014, are as follows:

 
  Cost   Fair Value  

Due within one year

  $ 70,639   $ 70,671  

Due after one year through five years

    33,648     33,672  
           

Total

  $ 104,287   $ 104,343  
           
           
Available-for-sale securities | Auction rate securities
 
Investments  
Schedule of amortized cost, gross unrealized gains, gross unrealized losses, and estimated fair value of available-for-sale investments

The amortized cost, gross unrealized losses, and estimated fair value of the available-for-sale auction rate securities are as follows (in thousands):

 
  April 30,  
 
  2014   2013  

Auction rate securities

             

Amortized cost

  $ 6,575   $ 6,750  

Gross unrealized losses

    (892 )   (1,063 )
           

Fair value

  $ 5,683   $ 5,687  
           
           
Schedule of amortized cost and fair value by contractual maturity

The amortized cost and fair value of the Company's auction rate securities by contractual maturity at April 30, 2014 are as follows (in thousands):

 
  Cost   Fair Value  

Due after five through 10 years

  $ 1,300   $ 1,209  

Due after 10 years

    5,275     4,474  
           

Total

  $ 6,575   $ 5,683  
           
           
Available-for-sale securities | Convertible bonds
 
Investments  
Schedule of amortized cost, gross unrealized gains, gross unrealized losses, and estimated fair value of available-for-sale investments

The amortized cost, gross unrealized gains, gross unrealized losses, and estimated fair value of the available-for-sale convertible bonds are as follows (in thousands):

 
  April 30,  
 
  2014   2013  

Convertible bonds

             

Amortized cost

  $ 1,519   $ 3,037  

Gross unrealized gains

    4,346     6,173  

Gross unrealized losses

        (139 )
           

Fair value

  $ 5,865   $ 9,071  
           
           
Schedule of amortized cost and fair value by contractual maturity

The amortized cost and fair value of the Company's convertible bond by contractual maturity at April 30, 2014 are as follows (in thousands):

 
  Cost   Fair Value  

Due within five years

  $ 1,519   $ 5,865  
           

Total

  $ 1,519   $ 5,865