Leases (Tables)

6 Months Ended

Oct. 31, 2019

Leases [Abstract]

Balance Sheet Information Related to Operating Leases

Balance sheet information related to operating leases is as follows (in thousands):

	October 31, 2019
Assets
Right of use assets	$	2,401
Liabilities
Current lease liabilities	775
Long-term lease liabilities	1,769
Total liabilities	$	2,544

Lease Cost Information

Weighted average information associated with the measurement of the Company’s remaining operating lease obligations is as follows:

	October 31, 2019
Weighted average remaining lease term	3.7 years
Weighted average discount rate	3.5	%

Lease cost information related to operating leases is as follows (in thousands):

	Three Months Ended October 31, 2019
Lease cost
Operating lease cost	$	194
Short-term lease cost	142
Variable lease cost	54
Total lease cost	$	390

	Six Months Ended October 31, 2019
Lease cost
Operating lease cost	388
Short-term lease cost	294
Variable lease cost	110
Total lease cost	$	792

Maturity of Operating Lease Liabilities

The following table summarizes the maturity of the Company’s operating lease liabilities as of October 31, 2019 (in thousands):

FY2020	$	397
FY2021	775
FY2022	701
FY2023	470
FY2024	346
Thereafter	20
Total operating lease payments	$	2,709
Less imputed interest	(165		)
Total operating lease liabilities	$	2,544

Future Minimum Lease Payments Under Noncancelable Operating Leases

Future minimum lease payments under noncancelable operating leases (due to existence of renewal or escalation clauses) with initial or remaining lease terms in excess of one year as of April 30, 2019 are as follows (in thousands):

Years ended April 30:
2020	$	847
2021	790
2022	706
2023	433
2024	317
Thereafter	17
	$	3,110

Payments to be Received, Maturity

Lease payments to be received as of October 31, 2019 are as follows (in thousands):

FY2020	$	93
FY2021	105
FY2022	55
FY2023	—
FY2024	—
Total	$	253

Future Minimum Lease Rentals Receivable Under Noncancelable Operating Leases

Future minimum lease rentals receivable under noncancelable operating leases (with initial or remaining lease terms in excess of one year) as of April 30, 2019 are as follows (already included or prorated at the Company’s occupied building) (in thousands):

Years ended April 30:
2020	$	194
2021	105
2022	55
2023	—
2024	—
Thereafter	—
	$	354