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Acquisitions (Tables)
6 Months Ended
Oct. 31, 2023
Business Combinations [Abstract]  
Allocation of purchase price
The table below summarizes the estimated fair values of the assets acquired and liabilities assumed at the acquisition date. We utilized a third-party valuation specialist to assist in valuing the other assets, leases, and majority of the property and equipment acquired. The valuations are still in process and, as a result amounts related to certain property and equipment, other assets, goodwill, deferred income taxes, and leases is considered provisional and is subject to change.
Assets acquired:
Inventories$6,048 
Property and equipment119,713 
Deferred income taxes126 
Finance lease right-of-use assets1,263 
Operating lease right-of-use assets4,548 
Other assets250 
Goodwill4,325 
Total assets136,273 
Liabilities assumed:
Accrued expenses and other long-term liabilities447 
Finance lease liabilities1,893 
Operating lease liabilities4,388 
Total liabilities6,728 
Net assets acquired and total consideration paid$129,545 
Pro forma information
The following unaudited pro forma information presents a summary of our consolidated results of operations as if the transactions referenced above occurred at the beginning of the first fiscal year of the periods presented (amounts in thousands, except per share data):
 Three Months Ended
October 31,
Six Months Ended
October 31,
 2023202220232022
Total revenue$4,113,565 $4,046,707 $8,043,200 $8,580,418 
Net income159,139 138,353 329,705 290,080 
Net income per common share
       Basic $4.27 $3.71 $8.85 $7.79 
       Diluted 4.25 3.69 8.80 7.74