Cash, Cash Equivalents, and Investments (Tables)

3 Months Ended

Apr. 30, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Components of Cash and Cash Equivalents

Cash, cash equivalents, and investments consisted of the following:

	As of April 30, 2022		As of January 31, 2022
	(in thousands)
Cash and cash equivalents
Cash	$	159,213	$	268,091
Money market funds	111,646		73,194
Commercial paper	—		5,500
U.S. Treasury securities	3,000		3,000
Total cash and cash equivalents	$	273,859	$	349,785
Available-for-sale investments:
U.S. Treasury securities	$	40,940	$	41,105
Commercial paper	42,084		39,483
Corporate debt securities	110,576		112,983
Total available-for-sale investments	$	193,600	$	193,571

Components of Available-for-sale Investments

Cash, cash equivalents, and investments consisted of the following:

	As of April 30, 2022		As of January 31, 2022
	(in thousands)
Cash and cash equivalents
Cash	$	159,213	$	268,091
Money market funds	111,646		73,194
Commercial paper	—		5,500
U.S. Treasury securities	3,000		3,000
Total cash and cash equivalents	$	273,859	$	349,785
Available-for-sale investments:
U.S. Treasury securities	$	40,940	$	41,105
Commercial paper	42,084		39,483
Corporate debt securities	110,576		112,983
Total available-for-sale investments	$	193,600	$	193,571

Summary of Carrying Value of Available-for-sale Investments

The following tables summarize the Company’s investments’ adjusted cost, net unrealized losses, and fair value by significant investment category as of April 30, 2022 and January 31, 2022. Gross realized gains or losses from sales of available-for-sale securities were not material for the three months ended April 30, 2022.

	As of April 30, 2022
	Cost Basis		Unrealized Loss, Net		Recorded Basis
	(in thousands)
Available-for-sale investments:
U.S. Treasury securities	$	41,026	$	(86)	$	40,940
Commercial paper	42,225		(141)		42,084
Corporate debt securities	111,866		(1,290)		110,576
Total available-for-sale investments	$	195,117	$	(1,517)	$	193,600

	As of January 31, 2022
	Cost Basis		Unrealized Loss, Net		Recorded Basis
	(in thousands)
Available-for-sale investments:
U.S. Treasury securities	$	41,147	$	(42)	$	41,105
Commercial paper	39,528		(45)		39,483
Corporate debt securities	113,565		(582)		112,983
Total available-for-sale investments	$	194,240	$	(669)	$	193,571

Summary of Contractual Maturities of Available-for-sale Securities

The following tables present the Company’s available-for-sale securities by contractual maturity date as of April 30, 2022 and January 31, 2022:

	As of April 30, 2022
	Cost Basis		Recorded Basis
	(in thousands)
Due within one year	$	161,372	$	160,607
Due between one to five years	33,745		32,993
Total	$	195,117	$	193,600

	As of January 31, 2022
	Cost Basis		Recorded Basis
	(in thousands)
Due within one year	$	154,692	$	154,455
Due between one to five years	39,548		39,116
Total	$	194,240	$	193,571