Leases (Tables)

12 Months Ended

Apr. 30, 2024

The components of lease expense were as follows:


	Year Ended April 30,
	2024		2023		2022

	(in thousands)
Finance lease cost
Amortization of ROU assets	$	1,605	$	1,479	$	1,065
Interest on lease liabilities	212		190		84
	1,817		1,669		1,149
Operating lease cost	46,956		48,901		53,092
Short-term lease cost	876		833		966
Variable lease cost	13,324		11,157		10,986
Lease impairment cost	1,629		5,471		7,392
Sublease income	(4,359)		(3,420)		(1,119)
Total lease cost	$	60,243	$	64,611	$	72,466

Supplemental cash flow information related to leases was as follows:


	Year Ended April 30,
	2024		2023		2022

	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	51,879	$	63,496	$	62,996
Financing cash flows from finance leases	$	1,776	$	1,639	$	1,157

ROU assets obtained in exchange for lease obligations:
Operating leases	$	60,279	$	19,015	$	49,235
Finance leases	$	906	$	3,123	$	1,586

Supplemental balance sheet information related to leases was as follows:


	Year Ended April 30,
	2024			2023

	(in thousands)
Finance Leases:

Property and equipment, at cost	$	7,017		$	7,103
Accumulated depreciation	(3,377)			(2,741)
Property and equipment, net	$	3,640		$	4,362

Other accrued liabilities	$	1,416		$	1,372
Other liabilities	2,324			3,053
Total finance lease liabilities	$	3,740		$	4,425

Weighted average remaining lease terms:
Operating leases	7.1 years			4.5 years
Finance leases	3.1 years			3.8 years

Weighted average discount rate:
Operating leases	5.9		%	4.5		%
Finance leases	5.5		%	4.7		%

Maturities of lease liabilities are as follows: