Leases - (Tables)

12 Months Ended

Apr. 30, 2023

Leases [Abstract]

Assets And Liabilities, Lessee

Lease right-of-use assets outstanding as of April 30, 2023 and 2022 consisted of the following:

	Classification	April 30, 2023		April 30, 2022
Finance lease right-of-use assets	Property and equipment	$	79,344	$	59,677
Operating lease right-of-use assets	Other assets	107,994		104,579

Weighted average remaining lease terms, weighted average discount rates, and supplementary cash flow information or outstanding leases were as follows:

	April 30, 2023			April 30, 2022
Weighted-average remaining lease-term - finance lease	15.1			19.3
Weighted-average remaining lease-term - operating lease	19.8			20.3
Weighted-average discount rate - finance lease	4.40		%	3.97		%
Weighted-average discount rate - operating lease	4.33		%	3.98		%
Right-of-use assets obtained in exchange for new finance lease liabilities	$	25,166		$	52,525
Right-of-use assets obtained in exchange for new operating lease liabilities	14,642			87,723

Lease, Cost

The summary of lease-related costs included on the consolidated statements of income is included below:

	Years ended April 30,
	2023		2022		2021
Operating lease cost	$	9,346	$	6,721	$	2,290
Finance lease cost:
Amortization of right-of-use assets	$	5,882	$	4,489	$	2,870
Interest on lease liabilities	2,966		2,337		612

Finance Lease, Liability, Maturity

Listed below are the aggregate maturities of long-term debt, excluding finance lease obligations (refer to Note 7 for future minimum payments under finance leases), for the 5 years commencing May 1, 2023 and thereafter:

 

Years ended April 30,
2024	$	44,500
2025	44,500
2026	204,500
2027	60,500
2028	248,000
Thereafter	978,000
	$	1,580,000

Future minimum payments under the finance leases and operating leases consisted of the following at April 30, 2023:

Years ended April 30,	Finance leases		Operating leases
2024	$	12,398	$	8,140
2025	10,913		8,204
2026	10,589		8,118
2027	10,596		8,059
2028	9,644		8,027
Thereafter	76,757		123,773
Total minimum lease payments	$	130,897	$	164,321
Less amount representing interest	35,825		58,392
Present value of net minimum lease payments	$	95,072	$	105,929

Lessee, Operating Lease, Liability, Maturity

Future minimum payments under the finance leases and operating leases consisted of the following at April 30, 2023:

Years ended April 30,	Finance leases		Operating leases
2024	$	12,398	$	8,140
2025	10,913		8,204
2026	10,589		8,118
2027	10,596		8,059
2028	9,644		8,027
Thereafter	76,757		123,773
Total minimum lease payments	$	130,897	$	164,321
Less amount representing interest	35,825		58,392
Present value of net minimum lease payments	$	95,072	$	105,929