XML 50 R32.htm IDEA: XBRL DOCUMENT v3.22.2.2
Operating Leases (Tables)
 3 Months Ended
Jul. 31, 2022
Operating Leases [Abstract]  
ROU Assets and Lease Liabilities
For operating leases, the ROU assets and lease liabilities are presented on our Unaudited Condensed Consolidated Statement of Financial Position as follows:

  
July 31, 2022
    
April 30, 2022
  
Operating lease ROU assets
  
$
103,196
    
$
111,719
  
Short-term portion of operating lease liabilities
    
19,788
      
20,576
  
Operating lease liabilities, non-current
  
$
127,055
    
$
132,541
  
Total Net Lease Costs
Our total net lease costs are as follows:

   
Three Months Ended
July 31,
  
 
2022
    
2021
  
Operating lease cost
  
$
5,182
    
$
5,917
  
Variable lease cost
    
278
      
344
  
Short-term lease cost
    
115
      
20
  
Sublease income
    
(198
)
    
(201
)
Total net lease cost (1)
  
$
5,377
    
$
6,080
  

(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 (Loss) Income. This includes operating leases we identified as part of our restructuring programs that would be subleased. See Note 9, “Restructuring and Related Charges (Credits)” for more information on these programs.
Other Supplemental Information for Operating Leases
Other supplemental information includes the following:

  
Three Months Ended
July 31,
  
   
2022
    
2021
  
Weighted-average remaining contractual lease term (years)
    
8
      
9
  
Weighted-average discount rate
    
5.87
%
    
5.83
%
Cash paid for amounts included in the measurement of lease liabilities:
                
Operating cash flows from operating leases
  
$
7,341
    
$
7,974
  
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 on our Unaudited Condensed Consolidated Statement of Financial Position as of July 31, 2022:

Fiscal Year
  
Operating Lease
Liabilities
  
2023 (remaining 9 months)
  
$
20,619
  
2024
    
25,940
  
2025
    
24,556
  
2026
    
22,226
  
2027
    
17,871
  
Thereafter
    
77,513
  
Total future undiscounted minimum lease payments
    
188,725
  
         
Less: Imputed interest
    
41,882
  
         
Present value of minimum lease payments
    
146,843
  
         
Less: Current portion
    
19,788
  
         
Noncurrent portion
  
$
127,055