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Short-Term Investments (Tables)
3 Months Ended
Apr. 30, 2017
Investments Debt And Equity Securities [Abstract]  
Schedule of Short-Term Investments

At April 30, 2017, short-term investments consisted of the following (in thousands):

 

 

 

 

 

 

Gross

 

 

Gross

 

 

Estimated

 

 

Amortized

 

 

unrealized

 

 

unrealized

 

 

fair

 

 

cost

 

 

gains

 

 

losses

 

 

value

 

Available-for-sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-backed securities

$

18,873

 

 

$

3

 

 

$

(15

)

 

$

18,861

 

Commercial paper

 

13,460

 

 

 

 

 

 

(1

)

 

 

13,459

 

Corporate notes and bonds

 

98,735

 

 

 

22

 

 

 

(64

)

 

 

98,693

 

U.S. agency obligations

 

86,316

 

 

 

 

 

 

(104

)

 

 

86,212

 

U.S. treasury securities

 

81,219

 

 

 

5

 

 

 

(192

)

 

 

81,032

 

Total available-for-sale securities

$

298,603

 

 

$

30

 

 

$

(376

)

 

$

298,257

 

 

 

 

At January 31, 2017, short-term investments consisted of the following (in thousands):  

 

 

 

 

 

 

Gross

 

 

Gross

 

 

Estimated

 

 

Amortized

 

 

unrealized

 

 

unrealized

 

 

fair

 

 

cost

 

 

gains

 

 

losses

 

 

value

 

Available-for-sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-backed securities

$

20,729

 

 

$

5

 

 

$

(16

)

 

$

20,718

 

Commercial paper

 

20,567

 

 

 

4

 

 

 

(1

)

 

 

20,570

 

Corporate notes and bonds

 

92,843

 

 

 

14

 

 

 

(101

)

 

 

92,756

 

U.S. agency obligations

 

87,091

 

 

 

12

 

 

 

(51

)

 

 

87,052

 

U.S. treasury securities

 

80,277

 

 

 

4

 

 

 

(111

)

 

 

80,170

 

Total available-for-sale securities

$

301,507

 

 

$

39

 

 

$

(280

)

 

$

301,266

 

 

 

 

Summary of Estimated Fair Value of Short-Term Investments, Designated as Available-for-Sale and Classified by Contractual Maturity

The following table summarizes the estimated fair value of our short-term investments, designated as available-for-sale and classified by the contractual maturity date of the securities as of the dates shown (in thousands):

 

 

 

April 30,

 

 

January 31,

 

 

2017

 

 

2017

 

Due in one year or less

$

256,380

 

 

$

225,183

 

Due in greater than one year

 

41,877

 

 

 

76,083

 

Total

$

298,257

 

 

$

301,266

 

 

 

 

Schedule of Fair Values and Gross Unrealized Losses of Available-for-Sale Securities Aggregated by Investment Category

The following table shows the fair values and the gross unrealized losses of these available-for-sale securities aggregated by investment category as of April 30, 2017 (in thousands):  

 

 

 

 

 

 

Gross

 

 

Fair

 

 

unrealized

 

 

value

 

 

losses

 

Asset-backed securities

$

15,108

 

 

$

(15

)

Commercial paper

 

6,465

 

 

 

(1

)

Corporate notes and bonds

 

61,584

 

 

 

(64

)

U.S. agency obligations

 

82,193

 

 

 

(104

)

U.S. treasury securities

 

78,037

 

 

 

(192

)

 

 

 

The following table shows the fair values and the gross unrealized losses of these available-for-sale securities aggregated by investment category as of January 31, 2017 (in thousands):

 

 

 

 

 

 

Gross

 

 

Fair

 

 

unrealized

 

 

value

 

 

losses

 

Asset-backed securities

$

14,027

 

 

$

(16

)

Commercial paper

 

5,694

 

 

 

(1

)

Corporate notes and bonds

 

67,220

 

 

 

(101

)

U.S. agency obligations

 

40,549

 

 

 

(51

)

U.S. treasury securities

 

68,704

 

 

 

(111

)