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Fair Value Measurements (Tables)
6 Months Ended
Oct. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on a Recurring Basis
The following table summarizes the types of assets measured at fair value on a recurring basis by level within the fair value hierarchy (in thousands):
As of October 31, 2023As of April 30, 2023
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Cash equivalents:
Money market funds$104,258 $— $— $104,258 $75,293 $— $— $75,293 
U.S. treasury securities— 1,989 — 1,989 — — — — 
Certificates of deposit— — — — — 2,000 — 2,000 
Commercial paper— 21,810 — 21,810 — 112,851 — 112,851 
Available-for-sale marketable securities:
U.S. treasury securities— 4,921 — 4,921 — 27,397 — 27,397 
Certificates of deposit— 69,547 — 69,547 — 61,025 — 61,025 
U.S. government agencies securities— 58,564 — 58,564 — 75,674 — 75,674 
Yankee bonds
— 2,239 — 2,239 — — — — 
Commercial paper— 228,509 — 228,509 — 184,230 — 184,230 
Corporate debt securities— 249,480 — 249,480 — 179,247 — 179,247 
Total cash equivalents and available-for-sale marketable securities$104,258 $637,059 $— $741,317 $75,293 $642,424 $— $717,717