Fair Value Measurements (Tables)

3 Months Ended

Apr. 30, 2023

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

The following tables present information about the Company’s financial assets and liabilities that have been measured at fair value on a recurring basis as of April 30, 2023 and January 31, 2023, and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value:


	April 30, 2023								January 31, 2023
(in thousands)	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Financial Assets:
Cash Equivalents:
Money market funds	$	51,025	$	—	$	—	$	51,025	$	73,851	$	—	$	—	$	73,851
Marketable Securities:
Corporate bonds	—		40,355		—		40,355		—		39,862		—		39,862
Municipal bonds	—		12,505		—		12,505		—		12,451		—		12,451
U.S. government and agency securities	—		151,425		—		151,425		—		128,537		—		128,537
Certificates of deposit	—		59,335		—		59,335		—		59,419		—		59,419
Commercial paper	—		154,574		—		154,574		—		149,970		—		149,970
Total financial assets	$	51,025	$	418,194	$	—	$	469,219	$	73,851	$	390,239	$	—	$	464,090