Leases (Tables)

12 Months Ended

Apr. 30, 2022

Lessee Disclosure [Abstract]

Summary of components of lease expense

The components of lease expense were as follows:

	Year Ended April 30,
	2022		2021		2020
	(in thousands)
Finance lease cost:
Amortization of right-of-use assets	$	22,295	$	23,769	$	24,352
Interest on lease liabilities	8,179		11,164		13,316
Operating lease cost	47,778		42,383		42,846
Variable lease cost	17,825		12,914		12,555
Total lease cost	$	96,077	$	90,230	$	93,069

Summary of components of supplemental cash flow information related to leases

Supplemental cash flow information related to leases was as follows:

	Year Ended April 30,
	2022		2021		2020
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	48,283	$	42,876	$	42,150
Operating cash flows from finance leases	8,179		11,164		13,316
Financing cash flows from finance leases	31,365		30,371		25,275
Right-of-use assets obtained in exchange for lease obligations
Operating leases(a)	71,252		37,513		38,143
Finance leases	41,699		27,400		50,484

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(a) Includes operating lease right-of-use assets obtained in acquisitions. See Note 2, “Business Combinations” for more information on business combinations.

Summary of other lease information

Other information related to leases was as follows:

	April 30,
	2022			2021
	(in thousands)
Finance leases included in property and equipment
Property and equipment	$	193,380		$	176,591
Accumulated depreciation	(57,363)			(51,869)
Property and equipment, net	$	136,017		$	124,722
Weighted-average remaining lease term (years)
Operating leases	4.6			4.7
Finance leases	3.7			3.5
Weighted-average discount rate
Operating leases	4.7		%	5.5		%
Finance leases	4.2		%	4.6		%

Schedule of maturities for finance leases

Future minimum lease payments under non-cancellable leases as of April 30, 2022 were as follows:

	Finance		Operating
Year Ending April 30,	(in thousands)
2023	$	43,734	$	44,730
2024	34,501		42,299
2025	23,492		31,526
2026	15,718		20,125
2027	9,308		10,836
Thereafter	4,688		18,924
Total lease payments	131,441		168,440
Less imputed interest	11,303		17,864
Total	$	120,138	$	150,576

Schedule of maturities for operating leases

Future minimum lease payments under non-cancellable leases as of April 30, 2022 were as follows:

	Finance		Operating
Year Ending April 30,	(in thousands)
2023	$	43,734	$	44,730
2024	34,501		42,299
2025	23,492		31,526
2026	15,718		20,125
2027	9,308		10,836
Thereafter	4,688		18,924
Total lease payments	131,441		168,440
Less imputed interest	11,303		17,864
Total	$	120,138	$	150,576