Leases (Tables)

3 Months Ended

Jul. 31, 2020

The components of lease expense were as follows:

	Three Months Ended July 31,
	2020			2019
	(in thousands)
Finance lease cost
Amortization of ROU assets	$	338		$	470
Interest on lease liabilities		31			40
		369			510
Operating lease cost		13,983			14,227
Short-term lease cost		108			279
Variable lease cost		2,407			2,893
Sublease income		(80	)		(54	)
Total lease cost	$	16,787		$	17,855

Supplemental cash flow information related to leases was as follows:

	Three Months Ended July 31,
	2020		2019
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	15,000	$	14,909
Financing cash flows from finance leases	$	331	$	432

ROU assets obtained in exchange for lease obligations:
Operating leases	$	1,901	$	935
Finance leases	$	435	$	513

Supplemental balance sheet information related to leases was as follows:

	July 31, 2020			April 30, 2020
	(in thousands)
Finance Leases:

Property and equipment, at cost	$	4,811		$	4,281
Accumulated depreciation		(1,806	)		(1,485	)
Property and equipment, net	$	3,005		$	2,796

Other accrued liabilities	$	1,191		$	1,241
Other liabilities		1,945			1,634
Total finance lease liabilities	$	3,136		$	2,875

Weighted average remaining lease terms:
Operating leases	5.3 years			5.5 years
Finance leases	3.2 years			2.9 years

Weighted average discount rate:
Operating leases		4.8	%		4.8	%
Finance leases		4.2	%		4.1	%

Maturities of lease liabilities were as follows:

Year Ending April 30,	Operating		Financing
	(in thousands)
2021 (excluding the three months ended July 31, 2020)	$	51,043	$	1,010
2022		52,486		1,048
2023		44,329		750
2024		37,567		408
2025		32,177		122
Thereafter		45,374		—
Total lease payments		262,976		3,338
Less: imputed interest		32,172		202
Total	$	230,804	$	3,136