Fair Value of Assets and Liabilities (Tables)

9 Months Ended

Oct. 31, 2020

Fair Value of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables represents the fair value of assets and liabilities measured at fair value on a recurring basis using the above hierarchy (in thousands):


	October 31, 2020								January 31, 2020
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	356,737	$	—	$	—	$	356,737	$	92,272	$	—	$	—	$	92,272
Corporate notes and bonds	—		505		—		505		—		—		—		—
Commercial paper	—		30,192		—		30,192		—		17,667		—		17,667
U.S. government and agency securities	—		16,998		—		16,998		—		17,978		—		17,978
Total cash equivalents	356,737		47,695		—		404,432		92,272		35,645		—		127,917
Marketable securities:
Corporate notes and bonds	—		29,802		—		29,802		—		5,674		—		5,674
Commercial paper	—		31,974		—		31,974		—		13,713		—		13,713
U.S. government and agency securities	—		97,643		—		97,643		—		97,446		—		97,446
Total marketable securities	—		159,419		—		159,419		—		116,833		—		116,833
Derivative assets	—		623		—		623		—		683		—		683
Total assets measured at fair value	$	356,737	$	207,737	$	—	$	564,474	$	92,272	$	153,161	$	—	$	245,433
Liabilities:
Derivative liabilities	$	—	$	794	$	—	$	794	$	—	$	342	$	—	$	342
Total liabilities measured at fair value	$	—	$	794	$	—	$	794	$	—	$	342	$	—	$	342