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Fair Value of Financial Instruments (Tables)
3 Months Ended
Jul. 31, 2017
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables present our assets and liabilities that we measured at fair value on a recurring basis as of July 31, 2017 and April 30, 2017, respectively, and indicates the fair value hierarchy of the valuation techniques we used to determine such fair value (in thousands):

 

     July 31, 2017  
     Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
     Significant
Other
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Balance  

Cash equivalents

   $ 61,496      $ —        $ —        $ 61,496  

Marketable securities

     10,122        14,209        —          24,331  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 71,618      $ 14,209      $ —        $ 85,827  
  

 

 

    

 

 

    

 

 

    

 

 

 
     April 30, 2017  
     Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
     Significant
Other
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Balance  

Cash equivalents

   $ 62,647      $ —        $ —        $ 62,647  

Marketable securities

     8,984        14,803        —          23,787  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 71,631      $ 14,803      $ —        $ 86,434