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Fair Value of Financial Instruments (Tables)
12 Months Ended
Apr. 30, 2015
Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents our assets that we measured at fair value on a recurring basis and indicates the fair value hierarchy of the valuation techniques we utilized to determine such fair value (in thousands):

 

    April 30, 2015     April 30, 2014  
    Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
    Significant
Other
Observable
Inputs
(Level 2)
    Significant
Unobservable
Inputs
(Level 3)
    Total     Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
    Significant
Other
Observable
Inputs
(Level 2)
    Significant
Unobservable
Inputs
(Level 3)
    Total  

Cash equivalents

  $ 42,951      $ —       $ —       $ 42,951      $ 51,561      $ —       $ —       $ 51,561   

Marketable securities

    9,139        21,555        —         30,694        8,338        15,167        —         23,505   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 52,090      $ 21,555      $ —       $ 73,645      $ 59,899      $ 15,167      $ —       $ 75,066