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Leases (Tables)
12 Months Ended
Apr. 30, 2022
Leases [Abstract]  
Schedule of Lease Costs
The components of lease costs were as follows:
 FISCAL YEAR ENDED APRIL 30,
(in thousands)202220212020
Finance lease cost:
Reduction in the carrying value of right-of-use assets$1,404 $635 $2,582 
Interest on lease liabilities106 73 205 
Operating lease cost27,610 27,192 25,405 

Additional information related to leases was as follows:
 FISCAL YEAR ENDED APRIL 30,
(in thousands)202220212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for finance leases$106 $73 $205 
Operating cash flows for operating leases25,100 24,371 22,595 
Financing cash flows for financing leases1,379 608 2,512 
Right-of-use assets obtained in exchange for new finance lease liabilities1,862 2,222 1,650 
Right-of-use assets obtained in exchange for new operating lease liabilities7,482 8,914 72,703 
Weighted average remaining lease term (years)
Weighted average remaining lease term - finance leases2.322.953.36
Weighted average remaining lease term - operating leases5.776.627.41
Weighted average discount rate
Weighted average discount rate - finance leases2.91 %2.95 %3.19 %
Weighted average discount rate - operating leases3.20 %3.23 %4.27 %
Finance Lease, Liability, Maturity
The following is a reconciliation of future undiscounted cash flows to the operating and finance lease liabilities, and the related ROU assets, presented on the consolidated balance sheet as of April 30, 2022:
FISCAL YEAROPERATING (in thousands)FINANCING (in thousands)
2023$25,298 $2,372 
202423,230 1,993 
202519,529 640 
202618,973 120 
202716,404 
Thereafter24,959 — 
Total lease payments128,393 5,132 
Less imputed interest(11,324)(169)
Total lease liability$117,069 $4,963 
Current maturities(21,985)(2,264)
Lease liability - long-term$95,084 $2,699 
Lease assets$108,055 $9,722 
Lessee, Operating Lease, Liability, Maturity
The following is a reconciliation of future undiscounted cash flows to the operating and finance lease liabilities, and the related ROU assets, presented on the consolidated balance sheet as of April 30, 2022:
FISCAL YEAROPERATING (in thousands)FINANCING (in thousands)
2023$25,298 $2,372 
202423,230 1,993 
202519,529 640 
202618,973 120 
202716,404 
Thereafter24,959 — 
Total lease payments128,393 5,132 
Less imputed interest(11,324)(169)
Total lease liability$117,069 $4,963 
Current maturities(21,985)(2,264)
Lease liability - long-term$95,084 $2,699 
Lease assets$108,055 $9,722