Schedule of Fair Value, Assets Measured on Recurring Basis |
The following table summarizes information about our cash and cash equivalents, and short-term investments by investment category (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of July 31, 2022 | | Fair Value Level | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Estimated Fair Value | Assets | | | | | | | | | | Cash and cash equivalents: | | | | | | | | | | Cash | | | $ | 34,662 | | | $ | — | | | $ | — | | | $ | 34,662 | | Money market funds | Level 1 | | 224,854 | | | — | | | — | | | 224,854 | | Corporate notes and bonds | Level 2 | | 5,001 | | | — | | | (2) | | | 4,999 | | U.S. agency securities | Level 2 | | 4,982 | | | — | | | (4) | | | 4,978 | | Total cash and cash equivalents | | | $ | 269,499 | | | $ | — | | | $ | (6) | | | $ | 269,493 | | Short-term investments: | | | | | | | | | — | | Commercial paper | Level 2 | | 452,520 | | | — | | | (1,278) | | | 451,242 | | Corporate notes and bonds | Level 2 | | 34,276 | | | — | | | (168) | | | 34,108 | | U.S. agency securities | Level 2 | | 91,380 | | | 4 | | | (309) | | | 91,075 | | U.S. Treasury securities | Level 1 | | 374,167 | | | 37 | | | (746) | | | 373,458 | | Total short-term investments | | | $ | 952,343 | | | $ | 41 | | | $ | (2,501) | | | $ | 949,883 | | | | | | | | | | | | Liabilities | | | | | | | | | | Other liabilities | | | | | | | | | | Indemnity Escrow | Level 2 | | $ | 61,264 | | | $ | — | | | $ | (3,022) | | 1 | $ | 58,242 | | Total other liabilities | | | $ | 61,264 | | | $ | — | | | $ | (3,022) | | | $ | 58,242 | |
_______________________ (1) Represents imputed interest The following table summarizes the respective fair value and the classification by level within the fair value hierarchy (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | As of January 31, 2022 | | Level 1 | | Level 2 | | Level 3 | | Total | Assets | | | | | | | | Cash equivalents: | | | | | | | | Money market funds | $ | 1,641,642 | | | $ | — | | | $ | — | | | $ | 1,641,642 | | Short-term investments: | | | | | | | | Certificates of deposit | — | | | 374 | | | — | | | 374 | | Total assets measured and recorded at fair value | $ | 1,641,642 | | | $ | 374 | | | $ | — | | | $ | 1,642,016 | |
|