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Leases
 12 Months Ended
Apr. 30, 2023
Lessee Disclosure [Abstract]  
Leases Leases
The components of lease expense were as follows:
Year Ended April 30,
202320222021
(in thousands)
Finance lease cost:
Amortization of right-of-use assets$24,501 $22,295 $23,769 
Interest on lease liabilities7,187 8,179 11,164 
Operating lease cost57,093 47,778 42,383 
Variable lease cost19,699 17,825 12,914 
Total lease cost$108,480 $96,077 $90,230 
Operating lease cost, including variable lease cost, is included in selling, general and administrative expenses; amortization of finance ROU assets is included in depreciation and amortization; and interest on finance lease liabilities is included in interest expense in the Consolidated Statements of Operations and Comprehensive Income.
Supplemental cash flow information related to leases was as follows:
Year Ended April 30,
202320222021
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$56,269 $48,283 $42,876 
Operating cash flows from finance leases7,187 8,179 11,164 
Financing cash flows from finance leases35,845 31,365 30,371 
Right-of-use assets obtained in exchange for lease obligations
Operating leases(a)73,083 71,252 37,513 
Finance leases59,720 41,699 27,400 
_________________________________________

(a) Includes operating lease right-of-use assets obtained in acquisitions. See Note 2, “Business Combinations” for more information on business combinations.
Other information related to leases was as follows:
April 30,
20232022
(in thousands)
Finance leases included in property and equipment
Property and equipment$231,488 $193,380 
Accumulated depreciation(65,274)(57,363)
Property and equipment, net$166,214 $136,017 
Weighted-average remaining lease term (years)
Operating leases5.24.6
Finance leases3.93.7
Weighted-average discount rate
Operating leases5.0 %4.7 %
Finance leases4.9 %4.2 %
Future minimum lease payments under non-cancellable leases as of April 30, 2023 were as follows:
FinanceOperating
Year Ending April 30,(in thousands)
2024$47,396 $56,113 
202536,437 48,376 
202628,914 35,460 
202721,424 24,600 
202813,943 16,157 
Thereafter4,328 36,567 
Total lease payments152,442 217,273 
Less imputed interest15,139 27,806 
Total$137,303 $189,467 
Leases Leases
The components of lease expense were as follows:
Year Ended April 30,
202320222021
(in thousands)
Finance lease cost:
Amortization of right-of-use assets$24,501 $22,295 $23,769 
Interest on lease liabilities7,187 8,179 11,164 
Operating lease cost57,093 47,778 42,383 
Variable lease cost19,699 17,825 12,914 
Total lease cost$108,480 $96,077 $90,230 
Operating lease cost, including variable lease cost, is included in selling, general and administrative expenses; amortization of finance ROU assets is included in depreciation and amortization; and interest on finance lease liabilities is included in interest expense in the Consolidated Statements of Operations and Comprehensive Income.
Supplemental cash flow information related to leases was as follows:
Year Ended April 30,
202320222021
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$56,269 $48,283 $42,876 
Operating cash flows from finance leases7,187 8,179 11,164 
Financing cash flows from finance leases35,845 31,365 30,371 
Right-of-use assets obtained in exchange for lease obligations
Operating leases(a)73,083 71,252 37,513 
Finance leases59,720 41,699 27,400 
_________________________________________

(a) Includes operating lease right-of-use assets obtained in acquisitions. See Note 2, “Business Combinations” for more information on business combinations.
Other information related to leases was as follows:
April 30,
20232022
(in thousands)
Finance leases included in property and equipment
Property and equipment$231,488 $193,380 
Accumulated depreciation(65,274)(57,363)
Property and equipment, net$166,214 $136,017 
Weighted-average remaining lease term (years)
Operating leases5.24.6
Finance leases3.93.7
Weighted-average discount rate
Operating leases5.0 %4.7 %
Finance leases4.9 %4.2 %
Future minimum lease payments under non-cancellable leases as of April 30, 2023 were as follows:
FinanceOperating
Year Ending April 30,(in thousands)
2024$47,396 $56,113 
202536,437 48,376 
202628,914 35,460 
202721,424 24,600 
202813,943 16,157 
Thereafter4,328 36,567 
Total lease payments152,442 217,273 
Less imputed interest15,139 27,806 
Total$137,303 $189,467