Leases

12 Months Ended

Apr. 30, 2021

Leases [Abstract]

Leases

Leases

The Company’s operating lease liabilities at April 30, 2021 and 2020 are primarily comprised of future payments related to the Company’s various operating lease agreements for office space. The components of total lease costs, including variable lease costs, for the fiscal years ended April 30, 2021 and 2020 were as follows (in thousands):

	Fiscal Year Ended April 30,
Lease Costs	2021		2020
Operating lease costs	$	3,793	$	3,825
Short term lease costs	1,568		1,324
Variable lease costs	1,589		1,542
Total lease costs	$	6,950	$	6,691

Variable lease costs are primarily related to payments made to the Company’s landlords for common area maintenance, property taxes, insurance, and other operating expenses. Short-term lease costs primarily represents payments related to marketing arrangements that contain embedded short-term leases of billboards. Supplemental cash flow information related to leases was as follows (in thousands):

	Fiscal Year Ended April 30,
	2021		2020
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows from operating leases	$	4,031	$	3,946

The following table presents the lease balances within the consolidated balance sheet, weighted-average remaining lease term, and weighted-average discount rates related to the Company’s operating leases (in thousands):

		As of April 30,
Operating leases		2021		2020
Right-of-use assets	Other assets, non-current	$	5,094	$	8,409
Lease liabilities, current	Other current liabilities	3,894		3,533
Lease liabilities, non-current	Other long-term liabilities	1,735		5,647
Total operating lease liabilities		$	5,629	$	9,180

	As of April 30,
Operating leases	2021		2020
Weighted average remaining lease term (in months)	17.0		28.9
Weighted average discount rate	7.3	%	7.3	%

Future minimum payments under lease obligations at April 30, 2021 were as follows (in thousands):

	As of April 30, 2021
Fiscal 2022	$	4,152
Fiscal 2023	1,756
Fiscal 2024	—
Fiscal 2025	—
Fiscal 2026 and thereafter	—
Total future minimum lease payments	5,908
Less: Imputed interest	(279)
Total operating lease liabilities	$	5,629