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Fair Value Measurements (Tables)
9 Months Ended
Jan. 31, 2018
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 January 31, 2018 and April 30, 2017 at fair value on a recurring basis (in thousands):
 

Fair Value Measurements
 

As of January 31, 2018
 

Level 1

Level 2

Level 3
ASSETS:

 

 

 
Certificates of deposit

$
10,500


$


$

Mutual funds

1,092





Total assets at fair value

$
11,592


$


$











 

As of April 30, 2017
 

Level 1

Level 2

Level 3
ASSETS:

 

 

 
Money market funds

$
50,146


$


$

Mutual funds

1,038





Certificates of deposit

72,250





Total assets at fair value

$
123,434


$


$