Investments (Tables)

9 Months Ended

Jan. 31, 2022

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-For-Sale Debt Securities and Balance Sheet Classification

The following table summarizes the Company’s cash equivalents and available-for-sale marketable securities (in thousands):

	As of January 31, 2022								As of April 30, 2021
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Cash equivalents:
Money market funds	$	129,753	$	—	$	—	$	129,753	$	43,401	$	—	$	—	$	43,401
Commercial paper	10,998		—		—		10,998		—		—		—		—
Corporate debt securities	1,506		—		—		1,506		—		—		—		—
Available-for-sale marketable securities:
U.S. treasury securities	—		—		—		—		57,993		5		—		57,998
Certificates of deposit	300,377		4		—		300,381		422,952		32		(6)		422,978
U.S. government agencies securities	14,120		—		(105)		14,015		—		—		—		—
Commercial paper	308,205		3		—		308,208		494,625		64		(13)		494,676
Corporate debt securities	196,210		—		(698)		195,512		2,369		—		(1)		2,368
Total cash equivalents and available-for-sale marketable securities	$	961,169	$	7	$	(803)	$	960,373	$	1,021,340	$	101	$	(20)	$	1,021,421

Summary of Available-For-Sale Debt Securities by Contractual Maturity

The following table summarizes the Company’s available-for-sale marketable securities by contractual maturity (in thousands):

	As of January 31, 2022				As of April 30, 2021
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Within one year	$	764,589	$	764,104	$	977,939	$	978,020
After one year through five years	54,323		54,012		—		—
Total	$	818,912	$	818,116	$	977,939	$	978,020

Summary of Available-For-Sale Marketable Securities, Fair Values and Unrealized Losses

The following table summarizes the fair values and unrealized losses of the Company’s available-for-sale marketable securities classified by length of time that the securities have been in a continuous unrealized loss position but were not deemed to be other-than-temporarily impaired, as of January 31, 2022 (in thousands):

	As of January 31, 2022
	Less Than 12 Months				12 Months or Greater				Total
	Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value
Certificates of deposit	$	—	$	12,500	$	—	$	—	$	—	$	12,500
U.S. government agencies securities	—		—		(105)		14,015		(105)		14,015
Commercial paper	—		14,493		—		—		—		14,493
Corporate debt securities	(490)		154,515		(208)		38,297		(698)		192,812
Total	$	(490)	$	181,508	$	(313)	$	52,312	$	(803)	$	233,820