Fair Value Measurements (Tables)

3 Months Ended

Apr. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of Financial Assets Measured at Fair Value on Recurring Basis

Financial assets measured at fair value on a recurring basis are summarized below (in thousands):

	Level 1		Level 2		Level 3		Fair Value
April 30, 2023 (1)
Cash equivalents:
Money market funds	$	86,665	$	—	$	—	$	86,665
Commercial paper	—		3,474		—		3,474
Short-term investments:
Commercial paper	—		107,138		—		107,138
Corporate debt securities	—		122,412		—		122,412
Municipal bonds	—		1,986		—		1,986
Foreign government bonds	—		2,192		—		2,192
U.S. Agency securities	—		72,469		—		72,469
U.S. Treasury securities	—		315,509		—		315,509
Total	$	86,665	$	625,180	$	—	$	711,845

(1) Excludes $225.8 million in cash on the condensed consolidated balance sheet as of April 30, 2023.

	Level 1		Level 2		Level 3		Fair Value
January 31, 2023 (1)
Cash equivalents:
Money market funds	$	60,073	$	—	$	—	$	60,073
U.S. Agency securities	—		2,997		—		2,997
Short-term investments:
Commercial paper	—		88,609		—		88,609
Corporate debt securities	—		95,266		—		95,266
Municipal bonds	—		1,970		—		1,970
Foreign government bonds	—		2,170		—		2,170
U.S. Agency securities	—		73,725		—		73,725
U.S. Treasury securities	—		379,509		—		379,509
Total	$	60,073	$	644,246	$	—	$	704,319

(1) Excludes $232.3 million in cash on the condensed consolidated balance sheet as of January 31, 2023.