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Operating Leases (Tables)
6 Months Ended
Oct. 31, 2022
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:
October 31, 2022April 30, 2022
Operating lease ROU assets$93,334 $111,719 
Short-term portion of operating lease liabilities19,043 20,576 
Operating lease liabilities, non-current$120,559 $132,541 
Total Net Lease Costs
Our total net lease costs are as follows:
Three Months Ended
October 31,
Six Months Ended
October 31,
2022202120222021
Operating lease cost$4,528 $6,325 $9,710 $12,242 
Variable lease cost264 397 542 741 
Short-term lease cost146 36 261 56 
Sublease income(172)(190)(370)(391)
Total net lease cost (1)
$4,766 $6,568 $10,143 $12,648 
(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 as part of our restructuring programs 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:
Six Months Ended
October 31,
20222021
Weighted-average remaining contractual lease term (years)89
Weighted-average discount rate5.93 %5.79 %
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$13,756$14,846
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 October 31, 2022:
Fiscal YearOperating Lease
Liabilities
2023 (remaining 6 months)$13,522 
202425,110 
202523,691 
202621,721 
202717,692 
Thereafter77,499 
Total future undiscounted minimum lease payments179,235 
Less: Imputed interest39,633 
Present value of minimum lease payments139,602 
Less: Current portion19,043 
Noncurrent portion$120,559