Leases (Tables)

3 Months Ended

Jul. 31, 2025

Lessee Disclosure [Abstract]

Summary of Components of Lease Expense

The components of lease expense were as follows:

	Three Months Ended July 31,
	2025		2024
	(in thousands)
Finance lease cost:
Amortization of right-of-use assets	$	9,518	$	8,339
Interest on lease liabilities	3,190		2,694
Operating lease cost	21,653		19,593
Variable lease cost	3,642		4,832
Total lease cost	$	38,003	$	35,458

Summary of Components of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

	Three Months Ended July 31,
	2025		2024
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	20,876	$	18,688
Operating cash flows from finance leases	3,190		2,694
Financing cash flows from finance leases	12,686		10,839
Right-of-use assets obtained in exchange for lease obligations
Operating leases	24,696		52,189
Finance leases	20,034		15,022

Summary of Other Lease Information

Other information related to leases was as follows:

	July 31, 2025			April 30, 2025
	(in thousands)
Finance leases included in property and equipment
Property and equipment	$	375,954		$	356,417
Accumulated depreciation	(115,312)			(106,103)
Property and equipment, net	$	260,642		$	250,314
Weighted-average remaining lease term (years)
Operating leases	7.6			7.2
Finance leases	4.2			4.2
Weighted-average discount rate
Operating leases	6.9		%	6.9		%
Finance leases	6.1		%	6.1		%

Schedule of Maturities for Finance Leases

Future minimum lease payments under non-cancellable leases as of July 31, 2025 were as follows:

	Finance		Operating
Year Ending April 30,	(in thousands)
2026 (remaining nine months)	$	46,740	$	55,408
2027	57,282		71,946
2028	48,690		61,665
2029	36,314		53,806
2030	24,656		42,775
Thereafter	14,873		164,752
Total lease payments	228,555		450,352
Less imputed interest	27,439		108,171
Total	$	201,116	$	342,181

Schedule of Maturities for Operating Leases

Future minimum lease payments under non-cancellable leases as of July 31, 2025 were as follows:

	Finance		Operating
Year Ending April 30,	(in thousands)
2026 (remaining nine months)	$	46,740	$	55,408
2027	57,282		71,946
2028	48,690		61,665
2029	36,314		53,806
2030	24,656		42,775
Thereafter	14,873		164,752
Total lease payments	228,555		450,352
Less imputed interest	27,439		108,171
Total	$	201,116	$	342,181