Quarterly report pursuant to Section 13 or 15(d)

Credit Losses (Tables)

v3.22.2.2
Credit Losses (Tables)
 3 Months Ended
Jul. 31, 2022
Credit Loss [Abstract]  
Summary of Activity in Allowance for Credit Losses on Trade Receivables

The activity in the allowance for credit losses on the Company's trade receivables is as follows:

 

 

(in thousands)

 

Balance at April 30, 2022

 

$

36,384

 

Provision for credit losses

 

 

5,546

 

Write-offs

 

 

(2,601

)

Recoveries of amounts previously written off

 

 

586

 

Foreign currency translation

 

 

(483

)

Balance at July 31, 2022

 

$

39,432

 
Schedule of Fair Value and Unrealized Losses on Available for Sale Debt Securities

The fair value and unrealized losses on available for sale debt securities, aggregated by investment category and the length of time the security has been in an unrealized loss position, are as follows:

 

 

Less Than 12 Months

 

 

12 Months or longer

 

 

Balance Sheet Classification

 

 

 

Fair Value

 

 

Unrealized Losses

 

 

Fair Value

 

 

Unrealized Losses

 

 

Cash and Cash Equivalent

 

Marketable Securities, Current

 

Marketable Securities, Non- Current

 

 

 

(in thousands)

 

Balance at July 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

$

33,831

 

 

$

178

 

 

$

1,698

 

 

$

2

 

 

$

—

 

$

35,529

 

$

—

 

Corporate notes/bonds

 

$

31,566

 

 

$

447

 

 

$

9,153

 

 

$

23

 

 

$

—

 

$

24,137

 

$

16,582

 

U.S. Treasury and Agency Securities

 

$

986

 

 

$

10

 

 

$

—

 

 

$

—

 

 

$

—

 

$

986

 

$

—

 

Balance at April 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

$

37,002

 

 

$

125

 

 

$

4,499

 

 

$

1

 

 

$

15,489

 

$

26,012

 

$

—

 

Corporate notes/bonds

 

$

32,186

 

 

$

446

 

 

$

3,800

 

 

$

4

 

 

$

—

 

$

18,942

 

$

17,044

 

U.S. Treasury and Agency Securities

 

$

987

 

 

$

8

 

 

$

—

 

 

$

—

 

 

$

—

 

$

987

 

$

—