Leases (Tables)

6 Months Ended

Oct. 31, 2021

The components of lease expense were as follows:

	Three Months Ended October 31,						Six Months Ended October 31,
	2021			2020			2021			2020
	(in thousands)
Finance lease cost
Amortization of ROU assets	$	257		$	317		$	537		$	655
Interest on lease liabilities		21			30			45			61
		278			347			582			716
Operating lease cost		13,457			14,027			27,275			28,010
Short-term lease cost		213			104			482			212
Variable lease cost		3,431			2,785			5,099			5,192
Lease impairment cost		7,392			—			7,392			—
Sublease income		(228	)		(195	)		(459	)		(275	)
Total lease cost	$	24,543		$	17,068		$	40,371		$	33,855

Supplemental cash flow information related to leases was as follows:

	Six Months Ended October 31,
	2021		2020
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	30,133	$	32,321
Financing cash flows from finance leases	$	592	$	664

ROU assets obtained in exchange for lease obligations:
Operating leases	$	7,208	$	6,000
Finance leases	$	317	$	509

Supplemental balance sheet information related to leases was as follows:

	October 31, 2021			April 30, 2021
	(in thousands)
Finance Leases:

Property and equipment, at cost	$	4,675		$	4,801
Accumulated depreciation		(2,765	)		(2,590	)
Property and equipment, net	$	1,910		$	2,211

Other accrued liabilities	$	895		$	1,010
Other liabilities		1,094			1,301
Total finance lease liabilities	$	1,989		$	2,311

Weighted average remaining lease terms:
Operating leases	4.7 years			5.0 years
Finance leases	2.6 years			2.7 years

Weighted average discount rate:
Operating leases		4.7	%		4.8	%
Finance leases		3.9	%		4.2	%

Maturities of lease liabilities were as follows:

Year Ending April 30,	Operating		Financing
	(in thousands)
2022 (excluding the six months ended October 31, 2021)	$	30,635	$	499
2023		47,762		816
2024		40,837		528
2025		34,105		219
2026		29,435		21
Thereafter		21,229		—
Total lease payments		204,003		2,083
Less: imputed interest		21,522		94
Total	$	182,481	$	1,989