XML 34 R19.htm IDEA: XBRL DOCUMENT v3.25.0.1
Leases
 9 Months Ended
Jan. 31, 2025
Leases [Abstract]  
Leases Leases
The Company’s lease portfolio is comprised of operating leases for office space and equipment and finance leases for equipment. Equipment leases are comprised of vehicles and office equipment.
The components of lease expense were as follows:
Three Months Ended
January 31,		Nine Months Ended
January 31,
2025202420252024
(in thousands)
Finance lease cost
Amortization of ROU assets$352 $384 $1,093 $1,234 
Interest on lease liabilities41 53 135 161 
393 437 1,228 1,395 
Operating lease cost11,774 12,013 35,865 35,099 
Short-term lease cost226 178 654 669 
Variable lease cost2,763 3,371 8,131 10,286 
Lease impairment cost2,452 — 2,452 1,629 
Sublease income(1,309)(1,096)(3,668)(3,210)
Total lease cost$16,299 $14,903 $44,662 $45,868 
Supplemental cash flow information related to leases was as follows:
Nine Months Ended
January 31,
20252024
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$37,372 $38,616 
Financing cash flows from finance leases$1,211 $1,361 
ROU assets obtained in exchange for lease obligations:
Operating leases$20,908 $56,487 
Finance leases$393 $882 
Maturities of lease liabilities were as follows:
Year Ending April 30,OperatingFinancing
(in thousands)
2025 (excluding the nine months ended January 31, 2025)
$10,207 $380 
202641,736 1,281 
202729,760 865 
202824,701 567 
202919,634 17 
Thereafter83,664 — 
Total lease payments209,702 3,110 
Less: imputed interest42,046 209 
Total$167,656 $2,901 
Leases Leases
The Company’s lease portfolio is comprised of operating leases for office space and equipment and finance leases for equipment. Equipment leases are comprised of vehicles and office equipment.
The components of lease expense were as follows:
Three Months Ended
January 31,		Nine Months Ended
January 31,
2025202420252024
(in thousands)
Finance lease cost
Amortization of ROU assets$352 $384 $1,093 $1,234 
Interest on lease liabilities41 53 135 161 
393 437 1,228 1,395 
Operating lease cost11,774 12,013 35,865 35,099 
Short-term lease cost226 178 654 669 
Variable lease cost2,763 3,371 8,131 10,286 
Lease impairment cost2,452 — 2,452 1,629 
Sublease income(1,309)(1,096)(3,668)(3,210)
Total lease cost$16,299 $14,903 $44,662 $45,868 
Supplemental cash flow information related to leases was as follows:
Nine Months Ended
January 31,
20252024
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$37,372 $38,616 
Financing cash flows from finance leases$1,211 $1,361 
ROU assets obtained in exchange for lease obligations:
Operating leases$20,908 $56,487 
Finance leases$393 $882 
Maturities of lease liabilities were as follows:
Year Ending April 30,OperatingFinancing
(in thousands)
2025 (excluding the nine months ended January 31, 2025)
$10,207 $380 
202641,736 1,281 
202729,760 865 
202824,701 567 
202919,634 17 
Thereafter83,664 — 
Total lease payments209,702 3,110 
Less: imputed interest42,046 209 
Total$167,656 $2,901