Acquisitions (Tables)

9 Months Ended

Jan. 31, 2024

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 majority of other assets, leases and property and equipment acquired. The valuations are still in process and, as a result amounts related to certain property and equipment, other assets, goodwill, and leases is considered provisional and is subject to change.


Assets acquired:
Inventories	$	12,660
Property and equipment	252,221

Finance lease right-of-use assets	3,194
Operating lease right-of-use assets	7,201
Other assets	2,137
Goodwill	31,783
Total assets	$	309,195
Liabilities assumed:
Accrued expenses and other long-term liabilities	890
Finance lease liabilities	5,004
Operating lease liabilities	7,041
Total liabilities	12,935
Net assets acquired and total consideration paid	$	296,260

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 January 31,				Nine Months Ended January 31,
	2024		2023		2024		2023
Total revenue	$	3,347,497	$	3,473,142	$	11,573,848	$	12,256,730
Net income	91,469		103,294		431,280		395,105
Net income per common share
Basic	$	2.47	$	2.77	$	11.59	$	10.60
Diluted	2.45		2.75		11.53		10.54