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Short-Term Investments (Tables)
9 Months Ended
Oct. 31, 2018
Investments Debt And Equity Securities [Abstract]  
Schedule of Short-Term Investments

At October 31, 2018, short-term investments consisted of the following (in thousands):

 

 

 

 

 

 

 

Gross

 

 

Gross

 

 

Estimated

 

 

 

Amortized

 

 

unrealized

 

 

unrealized

 

 

fair

 

 

 

cost

 

 

gains

 

 

losses

 

 

value

 

Available-for-sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Certificates of deposits

 

$

9,540

 

 

$

8

 

 

$

(1

)

 

$

9,547

 

Asset-backed securities

 

 

80,663

 

 

 

3

 

 

 

(502

)

 

 

80,164

 

Commercial paper

 

 

4,969

 

 

 

 

 

 

 

 

 

4,969

 

Corporate notes and bonds

 

 

172,815

 

 

 

30

 

 

 

(758

)

 

 

172,087

 

Foreign government bonds

 

 

3,001

 

 

 

 

 

 

(20

)

 

 

2,981

 

Mortgage backed securities

 

 

6,133

 

 

 

 

 

 

(14

)

 

 

6,119

 

U.S. agency obligations

 

 

35,744

 

 

 

 

 

 

(21

)

 

 

35,723

 

U.S. treasury securities

 

 

272,910

 

 

 

 

 

 

(217

)

 

 

272,693

 

Total available-for-sale securities

 

$

585,775

 

 

$

41

 

 

$

(1,533

)

 

$

584,283

 

 

 

 

At January 31, 2018, 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

 

$

67,875

 

 

$

 

 

$

(424

)

 

$

67,451

 

Commercial paper

 

 

19,926

 

 

 

 

 

 

(12

)

 

 

19,914

 

Corporate notes and bonds

 

 

160,499

 

 

 

1

 

 

 

(759

)

 

 

159,741

 

Foreign government bonds

 

 

1,504

 

 

 

 

 

 

(18

)

 

 

1,486

 

Mortgage backed securities

 

 

11,555

 

 

 

 

 

 

(75

)

 

 

11,480

 

U.S. agency obligations

 

 

71,206

 

 

 

1

 

 

 

(76

)

 

 

71,131

 

U.S. treasury securities

 

 

110,707

 

 

 

5

 

 

 

(136

)

 

 

110,576

 

Total available-for-sale securities

 

$

443,272

 

 

$

7

 

 

$

(1,500

)

 

$

441,779

 

 

 

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):

 

 

 

October 31,

 

January 31,

 

 

2018

 

2018

Due in one year or less

 

$409,337

 

$308,172

Due in greater than one year

 

174,946

 

133,607

Total

 

$584,283

 

$441,779

 

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 October 31, 2018 (in thousands):  

 

 

 

 

 

 

 

Gross

 

 

 

Fair

 

 

unrealized

 

 

 

value

 

 

losses

 

Certificates of deposits

 

$

999

 

 

$

(1

)

Asset-backed securities

 

 

77,636

 

 

 

(502

)

Commercial paper

 

 

4,968

 

 

 

 

Corporate notes and bonds

 

 

144,369

 

 

 

(758

)

Foreign government bonds

 

 

2,981

 

 

 

(20

)

Mortgage backed securities

 

 

5,638

 

 

 

(14

)

U.S. agency obligations

 

 

35,723

 

 

 

(21

)

U.S. treasury securities

 

 

248,754

 

 

 

(217

)

 

 

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, 2018 (in thousands):

 

 

 

 

 

 

 

Gross

 

 

 

Fair

 

 

unrealized

 

 

 

value

 

 

losses

 

Asset-backed securities

 

$

65,690

 

 

$

(424

)

Commercial paper

 

 

19,914

 

 

 

(12

)

Corporate notes and bonds

 

 

155,419

 

 

 

(759

)

Foreign government bonds

 

 

1,485

 

 

 

(18

)

Mortgage backed securities

 

 

11,481

 

 

 

(75

)

U.S. agency obligations

 

 

66,655

 

 

 

(76

)

U.S. treasury securities

 

 

82,147

 

 

 

(136

)