XML 56 R22.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases (Tables)
9 Months Ended
Jan. 31, 2020
Leases [Abstract]  
Balance Sheet Information Related to Operating Leases
Balance sheet information related to operating leases is as follows (in thousands):
 
January 31,
2020
Assets
 
Right of use assets
$
2,228

 
 
Liabilities
 
Current lease liabilities
770

Long-term lease liabilities
1,596

Total liabilities
$
2,366

 
 
Lease Cost Information
Weighted average information associated with the measurement of the Company’s remaining operating lease obligations is as follows:
 
January 31,
2020
Weighted average remaining lease term
3.5 years

Weighted average discount rate
3.5
%
Lease cost information related to operating leases is as follows (in thousands):
 
Three Months Ended
January 31, 2020
Lease cost
 
Operating lease cost
$
193

Short-term lease cost
145

Variable lease cost
65

Total lease cost
$
403

 
Nine Months Ended
January 31, 2020
Lease cost
 
Operating lease cost
581

Short-term lease cost
439

Variable lease cost
176

Total lease cost
$
1,196

Maturity of Operating Lease Liabilities
The following table summarizes the maturity of the Company’s operating lease liabilities as of January 31, 2020 (in thousands):
FY2020
$
198

FY2021
775

FY2022
702

FY2023
470

FY2024
346

Thereafter
20

Total operating lease payments
$
2,511

Less imputed interest
(145
)
Total operating lease liabilities
$
2,366

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 January 31, 2020 are as follows (in thousands):
FY2020
$
43

FY2021
105

FY2022
55

FY2023

FY2024

Thereafter

Total
$
203

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