Leases (Tables)

12 Months Ended

Apr. 30, 2024

Leases [Abstract]

Schedule of Lease Costs

The components of lease costs were as follows:

	FISCAL YEARS ENDED APRIL 30,
(in thousands)	2024		2023		2022
Finance lease cost:
Reduction in the carrying value of right-of-use assets	$	2,078	$	1,720	$	1,404
Interest on lease liabilities	$	202	$	105	$	106
Operating lease cost	$	31,365	$	26,592	$	27,610

Additional information related to leases was as follows:

	FISCAL YEARS ENDED APRIL 30,
(dollars in thousands)	2024			2023			2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for finance leases	$	202		$	105		$	106
Operating cash flows for operating leases	$	30,388		$	26,906		$	25,100
Financing cash flows for financing leases	$	2,059		$	1,714		$	1,379
Right-of-use assets obtained in exchange for new finance lease liabilities	$	4,738		$	1,138		$	1,862
Right-of-use assets obtained in exchange for new operating lease liabilities	$	26,912		$	11,109		$	7,482
Weighted average remaining lease term (years)
Weighted average remaining lease term - finance leases	2.71			1.99			2.32
Weighted average remaining lease term - operating leases	5.91			4.84			5.77
Weighted average discount rate
Weighted average discount rate - finance leases	6.04		%	3.69		%	2.91		%
Weighted average discount rate - operating leases	4.18		%	3.35		%	3.20		%

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, 2024:

FISCAL YEAR	OPERATING (in thousands)		FINANCING (in thousands)
2025	$	32,384	$	2,563
2026	29,516		1,915
2027	23,583		1,215
2028	20,658		364
2029	15,750		132
Thereafter	31,056		—
Total lease payments	152,947		6,189
Less imputed interest	(18,965)		(505)
Total lease liability	$	133,982	$	5,684
Current maturities	(27,409)		(2,292)
Long-term lease liability	$	106,573	$	3,392
Lease right-of-use assets	$	126,383	$	11,676

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, 2024:

FISCAL YEAR	OPERATING (in thousands)		FINANCING (in thousands)
2025	$	32,384	$	2,563
2026	29,516		1,915
2027	23,583		1,215
2028	20,658		364
2029	15,750		132
Thereafter	31,056		—
Total lease payments	152,947		6,189
Less imputed interest	(18,965)		(505)
Total lease liability	$	133,982	$	5,684
Current maturities	(27,409)		(2,292)
Long-term lease liability	$	106,573	$	3,392
Lease right-of-use assets	$	126,383	$	11,676