Property and Equipment, Net

12 Months Ended

Apr. 30, 2023

Property, Plant and Equipment [Abstract]

Property and equipment include the following:


	April 30,
	2023		2022

	(in thousands)
Computer equipment and software (1)	$	383,701	$	331,371
Leasehold improvements	73,980		81,743
Furniture and fixtures	37,844		41,999
Automobiles	3,346		3,460
	498,871		458,573
Less: accumulated depreciation and amortization	(336,995)		(320,401)
Property and equipment, net	$	161,876	$	138,172

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(1)Depreciation expense for capitalized software was $29.3 million, $28.0 million and $25.4 million during fiscal 2023, 2022 and 2021, respectively. The net book value of the Company’s computer software costs included in property and equipment, net was $121.9 million and $94.7 million as of April 30, 2023 and 2022, respectively.

Depreciation expense for property and equipment was $44.6 million, $43.2 million and $42.6 million during fiscal 2023, 2022 and 2021, respectively.