XML 34 R22.htm IDEA: XBRL DOCUMENT v3.22.2.2
Fair Value (Tables)
6 Months Ended
Jul. 31, 2022
Fair Value Disclosures [Abstract]  
Financial Assets Measured at Fair Value on Recurring Basis The Company’s financial assets that are accounted for at fair value on a recurring basis are presented in the tables below:

 

 

 

Marketable Securities Fair Value as of

 

 

 

July 31, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

 

 

$

167,367

 

 

$

 

 

$

167,367

 

Municipal and pre-refunded municipal bonds

 

 

 

 

 

120,502

 

 

 

 

 

 

120,502

 

US Treasury securities

 

 

 

 

 

12,756

 

 

 

 

 

 

12,756

 

Mutual funds, held in rabbi trust

 

 

11,336

 

 

 

 

 

 

 

 

 

11,336

 

Federal government agencies

 

 

 

 

 

338

 

 

 

 

 

 

338

 

Certificates of deposit

 

 

 

 

 

249

 

 

 

 

 

 

249

 

 

 

$

11,336

 

 

$

301,212

 

 

$

 

 

$

312,548

 

 

 

 

Marketable Securities Fair Value as of

 

 

 

January 31, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

 

 

$

231,215

 

 

$

 

 

$

231,215

 

Municipal and pre-refunded municipal bonds

 

 

 

 

 

188,334

 

 

 

 

 

 

188,334

 

US Treasury securities

 

 

 

 

 

20,137

 

 

 

 

 

 

20,137

 

Mutual funds, held in rabbi trust

 

 

11,813

 

 

 

 

 

 

 

 

 

11,813

 

Commercial paper

 

 

 

 

 

10,884

 

 

 

 

 

 

10,884

 

Federal government agencies

 

 

 

 

 

345

 

 

 

 

 

 

345

 

Certificates of deposit

 

 

 

 

 

249

 

 

 

 

 

 

249

 

 

 

$

11,813

 

 

$

451,164

 

 

$

 

 

$

462,977

 

 

 

 

Marketable Securities Fair Value as of

 

 

 

July 31, 2021

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

 

 

$

90,277

 

 

$

 

 

$

90,277

 

Municipal and pre-refunded municipal bonds

 

 

 

 

 

162,147

 

 

 

 

 

 

162,147

 

Mutual funds, held in rabbi trust

 

 

11,711

 

 

 

 

 

 

 

 

 

11,711

 

Commercial paper

 

 

 

 

 

6,096

 

 

 

 

 

 

6,096

 

 

 

$

11,711

 

 

$

258,520

 

 

$

 

 

$

270,231