XML 28 R35.htm IDEA: XBRL DOCUMENT v3.20.1
Leases (Tables)
12 Months Ended
Apr. 30, 2020
Leases  
Summary of components of lease expense

Year

Ended

April 30, 2020

(in thousands)

Finance lease cost:

Amortization of right-of-use assets

$

24,352

Interest on lease liabilities

13,316

Operating lease cost

42,846

Variable lease cost

12,555

Total lease cost

$

93,069

Summary of components of supplemental cash flow information related to leases

Year

Ended

April 30, 2020

(in thousands)

Cash paid for amounts included in the measurement of lease liabilities

Operating cash flows from operating leases

$

42,150

Operating cash flows from finance leases

13,316

Financing cash flows from finance leases

25,275

Right-of-use assets obtained in exchange for lease obligations

Operating leases

38,143

Finance leases

50,484

Summary of other lease information

April 30, 

2020

    

2019

(in thousands)

Finance leases included in property and equipment

Property and equipment

$

171,380

$

134,931

Accumulated depreciation

(41,737)

(27,686)

Property and equipment, net

$

129,643

$

107,245

Weighted-average remaining lease term (years)

Operating leases

4.9

Finance leases

3.6

Weighted-average discount rate

Operating leases

5.5

%

Finance leases

5.0

%

Schedule of maturities for finance leases

Future minimum lease payments under non-cancellable leases as of April 30, 2020 were as follows:

    

Finance

    

Operating

Year Ending April 30,

(in thousands)

2021

$

46,116

$

38,960

2022

 

39,328

 

30,387

2023

 

30,525

 

23,655

2024

 

21,234

 

18,775

2025

 

10,544

 

12,154

Thereafter

 

3,647

 

16,848

Total lease payments

151,394

140,779

Less imputed interest

 

22,627

 

18,134

Total

$

128,767

$

122,645

Schedule of maturities for operating leases

    

Finance

    

Operating

Year Ending April 30,

(in thousands)

2021

$

46,116

$

38,960

2022

 

39,328

 

30,387

2023

 

30,525

 

23,655

2024

 

21,234

 

18,775

2025

 

10,544

 

12,154

Thereafter

 

3,647

 

16,848

Total lease payments

151,394

140,779

Less imputed interest

 

22,627

 

18,134

Total

$

128,767

$

122,645