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Transactions With Related Parties
12 Months Ended
Apr. 30, 2020
Transactions With Related Parties  
Transactions With Related Parties

16. Transactions With Related Parties

The Company leases warehouse facilities from partnerships owned by certain stockholders of GMS Inc. and its subsidiaries. As of April 30, 2020, these leases had expiration dates through fiscal 2025. Rent expense related to these leases was $0.8 million, $0.8 million and $0.8 million during the years ended April 30, 2020, 2019 and 2018, respectively, and are included in selling, general and administrative expenses in the Consolidated Statements of Operations and Comprehensive Income (Loss). As of April 30, 2020, future minimum payments under the terms of the leases aggregated to $1.2 million.

The Company purchases inventories from Southern Wall Products, Inc. (“SWP”) on a continuing basis. Certain stockholders of the Company are stockholders of SWP. The Company purchased inventory from SWP for distribution in the amount of $14.3 million, $13.3 million and $14.0 million during the years ended April 30, 2020, 2019 and 2018, respectively. Amounts due to SWP for purchases of inventory for distribution as of April 30, 2020 and 2019 were $1.2 million and $1.2 million, respectively, and are included in accounts payable in the Consolidated Balance Sheets.