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Fair Value Measurement
 6 Months Ended
Nov. 02, 2019
Fair Value Disclosures [Abstract]  
Fair Value Measurement
Note 15. Fair Value Measurement

The following table sets forth by Level within the fair value hierarchy our financial assets and liabilities that were accounted for at fair value on a recurring basis at November 2, 2019 and April 27, 2019 according to the valuation techniques we used to determine their fair values. There have been no transfers of assets or liabilities among the fair value hierarchies presented.
 
Fair Value Measurements
 
Level 1
 
Level 2
 
Level 3
 
Total
Balance as of November 2, 2019
 
 
 
 
 
 
 
Cash and cash equivalents
$
29,265

 
$
—

 
$
—

 
$
29,265

Restricted cash
59

 
—

 
—

 
59

Available-for-sale securities:
 

 
 

 
 
 
 
Certificates of deposit
—

 
2,717

 
—

 
2,717

U.S. Government sponsored entities
—

 
745

 
—

 
745

Municipal bonds
—

 
156

 
—

 
156

Derivatives - asset position
—

 
70

 
—

 
70

Derivatives - liability position
—

 
(233
)
 
—

 
(233
)
Acquisition-related contingency consideration
—

 
—

 
(895
)
 
(895
)
 
$
29,324

 
$
3,455

 
$
(895
)
 
$
31,884

Balance as of April 27, 2019
 

 
 

 
 
 
 

Cash and cash equivalents
$
35,383

 
$
—

 
$
—

 
$
35,383

Restricted cash
359

 
—

 
—

 
359

Available-for-sale securities:
 

 
 

 
 
 
 
Certificates of deposit
—

 
3,464

 
—

 
3,464

U.S. Government securities
10,774

 
—

 
—

 
10,774

U.S. Government sponsored entities
—

 
10,482

 
—

 
10,482

Municipal bonds
—

 
1,624

 
—

 
1,624

Derivatives - asset position
—

 
91

 
—

 
91

Derivatives - liability position
—

 
(4
)
 
—

 
(4
)
Acquisition-related contingency consideration
—

 
—

 
(3,065
)
 
(3,065
)
 
$
46,516

 
$
15,657

 
$
(3,065
)
 
$
59,108



A roll forward of the Level 3 contingent liabilities, both short- and long-term, for the six months ended November 2, 2019 is as follows:

Acquisition-related contingency consideration as of April 27, 2019
 
$
3,065

Additions
 
50

Settlements
 
(2,291
)
Interest
 
34

Foreign currency translation
 
37

Acquisition-related contingency consideration as of November 2, 2019
 
$
895



There have been no changes in the valuation techniques used by us to value our financial instruments since the end of fiscal 2019. For additional information, see our Annual Report on Form 10-K for the fiscal year ended April 27, 2019 for the methods and assumptions used to estimate the fair value of each class of financial instrument.