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Operating Leases (Tables)
9 Months Ended
Jan. 31, 2022
Operating Leases [Abstract]  
ROU Assets and Liabilities
For operating leases, the ROU assets and liabilities are presented on our Unaudited Condensed Consolidated Statement of Financial Position as follows:

 
January 31, 2022
   
April 30, 2021
 
Operating lease ROU assets
 
$
118,155
   
$
121,430
 
Short-term portion of operating lease liabilities
   
21,598
     
22,440
 
Operating lease liabilities, non-current
 
$
139,587
   
$
145,832
 
Total Net Lease Costs
Our total net lease costs are as follows:

 
Three Months Ended
January 31,
   
Nine Months Ended
January 31,
 
   
2022
   
2021
   
2022
   
2021
 
Operating lease cost
 
$
6,015
   
$
5,652
   
$
18,257
   
$
18,898
 
Variable lease cost
   
386
     
449
     
1,127
     
1,700
 
Short-term lease cost
   
51
     
34
     
107
     
214
 
Sublease income
   
(315
)
   
(181
)
   
(706
)
   
(526
)
Total net lease cost (1)
 
$
6,137
   
$
5,954
   
$
18,785
   
$
20,286
 

(1)
Total net lease cost does not include those costs and sublease income included in Restructuring and related charges (credits) on our Unaudited Condensed Consolidated Statements of Net Income. This includes those operating leases we had identified in the year ended April 30, 2021 as part of our Business Optimization program that would be subleased. See Note 9, “Restructuring and Related Charges (Credits)” for more information on this program.
Other Supplemental Information for Operating Leases
Other supplemental information includes the following:

 
Nine Months Ended
January 31,
 
   
2022
   
2021
 
Weighted-average remaining contractual lease term (years)
   
9
     
9
 
Weighted-average discount rate
   
5.80
%
   
5.89
%
Cash paid for amounts included in the measurement of lease liabilities:
               
Operating cash flows from operating leases
 
$
22,486
   
$
24,563
 
Reconciliation of Undiscounted Cash Flows to Operating Lease Liabilities
The table below reconciles the undiscounted cash flows for the first five years and total of the remaining years to the operating lease liabilities recorded in our Unaudited Condensed Consolidated Statement of Financial Position as of January 31, 2022:

Fiscal Year
 
Operating Lease
Liabilities
 
2022 (remaining 3 months)
 
$
7,674
 
2023
   
28,264
 
2024
   
26,882
 
2025
   
25,454
 
2026
   
22,807
 
Thereafter
   
95,660
 
Total future undiscounted minimum lease payments
   
206,741
 
         
Less: Imputed interest
   
45,556
 
         
Present value of minimum lease payments
   
161,185
 
         
Less: Current portion
   
21,598
 
         
Noncurrent portion
 
$
139,587