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Commitments and Contingencies
12 Months Ended
Apr. 30, 2018
Commitments and Contingencies  
Commitments and Contingencies

14. Commitments and Contingencies

Lease Commitments

The Company is obligated under certain capital leases covering its fleet of vehicles as well as one facility. The fleet vehicle leases have terms ranging from one to six years and the facility lease has a term of eleven years. The carrying value of property and equipment under capital leases was $17.9 million and $15.0 million as of April 30, 2018 and 2017, respectively, net of accumulated depreciation of $10.3 million and $8.3 million, respectively.

The Company also has certain noncancelable operating lease agreements, primarily office and warehouse facilities and equipment. These leases generally contain renewal options for periods ranging from one to five years. Rent expense for operating leases, which may have escalating rents over the terms of the leases, is recorded on a straight‑line basis over the minimum lease terms. Rent expense under operating leases, including amounts paid to affiliated partnerships, approximated $63.9 million, $56.2 million and $41.7 million during the years ended April 30, 2018, 2017 and 2016, respectively. As existing leases expire, the Company anticipates such leases will be renewed or replaced with other leases that are substantially similar in terms and rental amounts which are consistent with market rates at the time of renewal.

As of April 30, 2018, the approximate amounts of the annual future minimum lease payments under noncancelable operating leases, including amounts payable to affiliated partnerships, and future maturities of capital lease obligations are as follows (in thousands):

 

 

 

 

 

 

 

 

    

Capital

    

Operating

Year Ended April 30, 

 

 

 

 

 

 

2019

 

$

7,289

 

$

59,529

2020

 

 

5,665

 

 

52,815

2021

 

 

3,882

 

 

43,120

2022

 

 

1,937

 

 

29,299

2023

 

 

1,147

 

 

17,820

Thereafter

 

 

571

 

 

13,601

 

 

$

20,491

 

$

216,184

Less: Interest

 

 

1,927

 

 

 

Capitalized lease obligations

 

$

18,564

 

 

 

 

Litigation, Claims and Assessment

The Company is a defendant in various lawsuits and administrative actions associated with personal injuries, claims of former employees, and other events arising in the normal course of business. As discussed in Note 1, “—Insurance Liabilities”, the Company records liabilities for these claims, as well as assets for amounts recoverable from the insurer, for these claims covered by insurance.