Leases (Tables)

12 Months Ended

Apr. 30, 2023

The components of lease expense were as follows:


	Year Ended April 30,
	2023		2022		2021

	(in thousands)
Finance lease cost
Amortization of ROU assets	$	1,479	$	1,065	$	1,221
Interest on lease liabilities	190		84		114
	1,669		1,149		1,335
Operating lease cost	48,901		53,092		56,166
Short-term lease cost	833		966		474
Variable lease cost	11,157		10,986		11,592
Lease impairment cost	5,471		7,392		—
Sublease income	(3,420)		(1,119)		(657)
Total lease cost	$	64,611	$	72,466	$	68,910

Supplemental cash flow information related to leases was as follows:


	Year Ended April 30,
	2023		2022		2021

	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	63,496	$	62,996	$	66,991
Financing cash flows from finance leases	$	1,639	$	1,157	$	1,324

ROU assets obtained in exchange for lease obligations:
Operating leases	$	19,015	$	49,235	$	13,638
Finance leases	$	3,123	$	1,586	$	516

Supplemental balance sheet information related to leases was as follows:


	Year Ended April 30,
	2023			2022

	(in thousands)
Finance Leases:

Property and equipment, at cost	$	7,103		$	5,770
Accumulated depreciation	(2,741)			(3,085)
Property and equipment, net	$	4,362		$	2,685

Other accrued liabilities	$	1,372		$	1,049
Other liabilities	3,053			1,657
Total finance lease liabilities	$	4,425		$	2,706

Weighted average remaining lease terms:
Operating leases	4.5 years			5.1 years
Finance leases	3.8 years			3.3 years

Weighted average discount rate:
Operating leases	4.5		%	4.3		%
Finance leases	4.7		%	3.2		%

Maturities of lease liabilities are as follows: