Fair Value Measurements (Tables)

3 Months Ended

Apr. 30, 2016

Schedule of Financial Assets Valued on a Recurring Basis

In accordance with the provisions of the guidance, we categorized our financial instruments, which are valued on a recurring basis, based on the priority of the inputs to the valuation technique for the instruments, as follows:



			Fair Value Measurements at Reporting Date Using
	Balance as of April 30, 2016		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(in thousands)
Financial Assets:
Current Assets
Cash equivalents:
Money market accounts	$	135	$	135	$	—	$	—
Marketable securities:
Municipal securities	1,535		—		1,535		—
U.S. government agencies	19,823		—		19,823		—
Corporate bonds	24,892		—		24,892		—
Commercial paper	4,229		—		4,229		—
Non Current Assets
Deferred compensation plan	7,785		7,785		—		—
Total	$	58,399	$	7,920	$	50,479	$	—

Financial Liabilities:
Long-term debt¹	$	89,735	$	—	$	90,156	$	—

	Balance as of January 30, 2016
Financial Assets:
Current Assets
Cash equivalents:
Money market accounts	$	275	$	275	$	—	$	—
Marketable securities:
U.S. government agencies	21,800		—		21,800		—
Corporate bonds	26,149		—		26,149		—
Commercial paper	2,245		—		2,245		—
Non Current Assets
Deferred compensation plan	7,023		7,023		—		—
Total	$	57,492	$	7,298	$	50,194	$	—

Financial Liabilities:
Long-term debt	$	92,219	$	—	$	92,647	$	—

	Balance as of May 2, 2015
Current Assets
Cash equivalents:
Money market accounts	$	1,840	$	1,840	$	—	$	—
Marketable securities:
Municipal securities	3,078		—		3,078		—
U.S. government agencies	14,303		—		14,303		—
Corporate bonds	29,068		—		29,068		—
Commercial paper	1,998		—		1,998		—
Non Current Assets
Deferred compensation plan	9,125		9,125		—		—
Total	$	59,412	$	10,965	$	48,447	$	—

Financial Liabilities:
Long-term debt	124,000		—		124,000		—

¹ The carrying value of long-term debt includes the remaining unamortized discount of $0.3 million on the issuance of debt.