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Fair Value Measurements (Tables)
12 Months Ended
Jan. 31, 2024
Fair Value Disclosures [Abstract]  
Summary of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables present information about the Company’s financial assets that have been measured at fair value on a recurring basis as of January 31, 2024 and 2023, and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value:
January 31, 2024January 31, 2023
(in thousands)Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Financial Assets:
Cash Equivalents:
Money market funds$52,647 $— $— $52,647 $73,851 $— $— $73,851 
Marketable Securities:
Corporate bonds— 98,703 — 98,703 — 39,862 — 39,862 
Municipal bonds— 985 — 985 — 12,451 — 12,451 
U.S. government and agency securities— 185,571 — 185,571 — 128,537 — 128,537 
Certificates of deposit— 46,543 — 46,543 — 59,419 — 59,419 
Commercial paper— 166,729 — 166,729 — 149,970 — 149,970 
Total financial assets$52,647 $498,531 $— $551,178 $73,851 $390,239 $— $464,090