v2.4.0.8

Fair Value of Financial Assets and Liabilities (Tables)

6 Months Ended

Oct. 31, 2014

Summary of Cash and Cash Equivalents

The following table summarizes the Company’s cash and cash equivalents as of October 31, 2014 and April 30, 2014 (in thousands):

		October 31,				April 30,
		2014				2014
Demand deposit accounts		$	28,603			$	24,721
Money market funds			4,149				6,971
Certificates of deposit			—				242
Municipal bonds			103				—
Total cash and cash equivalents		$	32,855			$	31,934

Summary of Short-Term Investments

The following table summarizes the Company’s short-term investments as of October 31, 2014 (in thousands):

		Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
Available-for-sale securities:
Certificates of deposit		$	7,510			$	4			$	(2	)		$	7,512
Municipal bonds			3,278				19				(10	)			3,287
Commercial paper			5,997				2				—				5,999
U.S. Treasury notes			31,830				13				(2	)			31,841
Total short-term investments		$	48,615			$	38			$	(14	)		$	48,639

The following table summarizes the Company’s short-term investments as of April 30, 2014 (in thousands):

		Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
Available-for-sale securities:
Certificates of deposit		$	7,466			$	17			$	(9	)		$	7,474
U.S. Treasury notes			33,226				2				(2	)			33,226
Total short-term investments		$	40,692			$	19			$	(11	)		$	40,700

Summary of Fair Value of Financial Assets and Liabilities

The following table summarizes the fair value of the Company’s financial assets and liabilities that were measured on a recurring basis as of October 31, 2014 and April 30, 2014 (in thousands):

		Fair Value Measurements at October 31, 2014																Fair Value Measurements at April 30, 2014
		Level 1				Level 2				Level 3				Total				Level 1				Level 2				Level 3				Total
Assets:
Cash equivalents:
Money market funds		$	4,149			$	—			$	—			$	4,149			$	6,971			$	—			$	—			$	6,971
Certificates of deposit			—				—				—				—				242				—				—				242
Municipal bonds			—				103				—				103				—				—				—				—
Total cash equivalents			4,149				103				—				4,252				7,213				—				—				7,213
Restricted cash			1,000				—				—				1,000				604				—				—				604
Short-term investments:
Certificates of deposit			—				7,512				—				7,512				—				7,474				—				7,474
Municipal bonds			—				3,287				—				3,287				—				—				—				—
Commercial paper			—				5,999				—				5,999				—				—				—				—
U.S. Treasury notes			31,841				—				—				31,841				33,226				—				—				33,226
Total short-term investments			31,841				16,798				—				48,639				33,226				7,474				—				40,700
Total assets		$	36,990			$	16,901			$	—			$	53,891			$	41,043			$	7,474			$	—			$	48,517

X

- Definition

Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of cash and cash equivalents.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration