Financial Instruments and Fair Value (Tables)
|
12 Months Ended |
Jan. 31, 2016 |
Investments All Other Investments [Abstract] |
|
Schedule of Available-for-Sale Securities at Fair Value |
All of the investments are classified as available-for-sale securities and reported at fair value in the consolidated balance sheets as follows:
|
|
As of January 31, 2016 |
|
|
|
Amortized Cost |
|
|
Unrealized Gains |
|
|
Unrealized Losses |
|
|
Fair Value |
|
|
|
(in thousands) |
|
Money market funds |
|
$ |
530 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
530 |
|
Commercial paper |
|
|
2,598 |
|
|
|
— |
|
|
|
— |
|
|
|
2,598 |
|
Corporate bonds |
|
|
21,342 |
|
|
|
7 |
|
|
|
(9 |
) |
|
|
21,340 |
|
Asset-backed securities |
|
|
4,586 |
|
|
|
— |
|
|
|
(1 |
) |
|
|
4,585 |
|
U.S. government securities |
|
|
9,274 |
|
|
|
4 |
|
|
|
(6 |
) |
|
|
9,272 |
|
Agency bonds |
|
|
2,044 |
|
|
|
— |
|
|
|
(2 |
) |
|
|
2,042 |
|
Total cash equivalents and marketable securities |
|
$ |
40,374 |
|
|
$ |
11 |
|
|
$ |
(18 |
) |
|
$ |
40,367 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of January 31, 2015 |
|
|
|
Amortized Cost |
|
|
Unrealized Gains |
|
|
Unrealized Losses |
|
|
Fair Value |
|
|
|
(in thousands) |
|
Money market funds |
|
$ |
2,427 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
2,427 |
|
Commercial paper |
|
|
1,497 |
|
|
|
— |
|
|
|
— |
|
|
|
1,497 |
|
Corporate bonds |
|
|
32,356 |
|
|
|
9 |
|
|
|
(10 |
) |
|
|
32,355 |
|
Asset-backed securities |
|
|
3,851 |
|
|
|
— |
|
|
|
— |
|
|
|
3,851 |
|
Total cash equivalents and marketable securities |
|
$ |
40,131 |
|
|
$ |
9 |
|
|
$ |
(10 |
) |
|
$ |
40,130 |
|
|
Schedule of Cash Equivalents and Marketable Securities |
|
|
As of |
|
|
|
January 31, 2016 |
|
|
January 31, 2015 |
|
|
|
(in thousands) |
|
Included in cash equivalents |
|
$ |
530 |
|
|
$ |
2,427 |
|
Included in marketable securities |
|
|
39,837 |
|
|
|
37,703 |
|
Total cash equivalents and marketable securities |
|
$ |
40,367 |
|
|
$ |
40,130 |
|
|
Summary of Contractual Maturities of Investments |
The contractual maturities of the investments at January 31, 2016 and 2015 were as follows:
|
|
As of |
|
|
|
January 31, 2016 |
|
|
January 31, 2015 |
|
|
|
(in thousands) |
|
Due within one year |
|
$ |
33,449 |
|
|
$ |
37,559 |
|
Due within one to two years |
|
|
6,918 |
|
|
|
2,571 |
|
Total cash equivalents and marketable securities |
|
$ |
40,367 |
|
|
$ |
40,130 |
|
|
Schedule of Fair Value of Financial Instruments Measured on Recurring Basis |
The following tables present the fair value of the financial instruments measured on a recurring basis as of January 31, 2016 and 2015, respectively:
|
|
As of January 31, 2016 |
|
|
|
Total |
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
|
(in thousands) |
|
Money market funds |
|
$ |
530 |
|
|
$ |
530 |
|
|
$ |
— |
|
|
$ |
— |
|
Commercial paper |
|
|
2,598 |
|
|
|
— |
|
|
|
2,598 |
|
|
|
— |
|
Corporate bonds |
|
|
21,340 |
|
|
|
— |
|
|
|
21,340 |
|
|
|
— |
|
Asset-backed securities |
|
|
4,585 |
|
|
|
— |
|
|
|
4,585 |
|
|
|
— |
|
U.S. government securities |
|
|
9,272 |
|
|
|
— |
|
|
|
9,272 |
|
|
|
— |
|
Agency bonds |
|
|
2,042 |
|
|
|
— |
|
|
|
2,042 |
|
|
|
— |
|
Total cash equivalents and marketable securities |
|
$ |
40,367 |
|
|
$ |
530 |
|
|
$ |
39,837 |
|
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of January 31, 2015 |
|
|
|
Total |
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
|
(in thousands) |
|
Money market funds |
|
$ |
2,427 |
|
|
$ |
2,427 |
|
|
$ |
— |
|
|
$ |
— |
|
Commercial paper |
|
|
1,497 |
|
|
|
— |
|
|
|
1,497 |
|
|
|
— |
|
Corporate bonds |
|
|
32,355 |
|
|
|
— |
|
|
|
32,355 |
|
|
|
— |
|
Asset-backed securities |
|
|
3,851 |
|
|
|
— |
|
|
|
3,851 |
|
|
|
— |
|
Total cash equivalents and marketable securities |
|
$ |
40,130 |
|
|
$ |
2,427 |
|
|
$ |
37,703 |
|
|
$ |
— |
|
|