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Fair Value Measurements (Tables)
3 Months Ended
Jul. 31, 2016
Fair Value Disclosures [Abstract]  
Fair Value of Assets on Recurring Basis
The following table summarizes the fair values of assets that are recorded in the Company’s unaudited condensed consolidated financial statements as of July 31, 2016 and April 30, 2016 at fair value on a recurring basis (in thousands):
 

Fair Value Measurements
 

As of July 31, 2016
 

Level 1

Level 2

Level 3
ASSETS:

 

 

 
Money market funds

$
50,002


$


$

Mutual funds

1,030





Certificates of deposit

79,250





Total assets at fair value

$
130,282


$


$











 

As of April 30, 2016
 

Level 1

Level 2

Level 3
ASSETS:

 

 

 
Money market funds

$
30,490


$


$

Mutual funds

998





Certificates of deposit

47,500





Total assets at fair value

$
78,988


$


$