XML 105 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investments
12 Months Ended
Apr. 30, 2014
Investments, Debt and Equity Securities [Abstract]  
Investments
The amortized cost and fair value of securities classified as AFS are summarized below:
(in 000s)
 
As of April 30,
 
2014
 
2013
 
 
Amortized
Cost

 
Gross
Unrealized
Gains

 
Gross
Unrealized
Losses

 
Fair Value

 
Amortized
Cost

 
Gross
Unrealized
Gains

 
Gross
Unrealized
Losses

 
Fair Value

Mortgage-backed securities
 
$
420,697

 
$
2,798

 
$

 
$
423,495

 
$
476,450

 
$
6,592

 
$
(664
)
 
$
482,378

Municipal bonds
 
4,120

 
209

 

 
4,329

 
4,178

 
320

 

 
4,498

 
 
$
424,817

 
$
3,007

 
$

 
$
427,824

 
$
480,628

 
$
6,912

 
$
(664
)
 
$
486,876

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

During fiscal year 2014, we recorded other-than-temporary impairments of AFS securities totaling $12.4 million. We did not record any other-than-temporary impairments of AFS securities during fiscal years 2013 or 2012.
Substantially all AFS debt securities held as of April 30, 2014 mature after five years.