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Fair Value Measurements (Tables)
9 Months Ended
Oct. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis  
Fair Value, Assets Measured on Recurring Basis
The following table summarizes the valuation of the Company's assets and liabilities that are measured at fair value on a recurring basis:
 
October 31, 2017
 
January 31, 2017
 
Fair value measurement category
 
Fair value measurement category
 
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
ASSETS
 
 
 
 
 
 
 
 
 
 
 
Cash equivalents
$

 
 
 
 
 
$
1,000,010

 
 
 
 
Foreign currency forward contracts
 
 
$
9,431

 
 
 
 
 
$
2,264

 
 
 
 
 
 
 
 
 
 
 
 
 
 
LIABILITIES
 
 
 
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
 
$
3,975

 
 
 
 
 
$
9,711