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Operating Leases (Tables)
9 Months Ended
Jan. 31, 2023
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, 2023April 30, 2022
Operating lease ROU assets$94,672 $111,719 
Short-term portion of operating lease liabilities20,055 20,576 
Operating lease liabilities, non-current$119,803 $132,541 
Total Net Lease Costs
Our total net lease costs are as follows:
Three Months Ended
January 31,
Nine Months Ended
January 31,
2023202220232022
Operating lease cost$4,356 $6,015 $14,066 $18,257 
Variable lease cost265 386 807 1,127 
Short-term lease cost230 51 491 107 
Sublease income(198)(315)(568)(706)
Total net lease cost (1)
$4,653 $6,137 $14,796 $18,785 
(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 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:
Nine Months Ended
January 31,
20232022
Weighted-average remaining contractual lease term (years)89
Weighted-average discount rate5.93 %5.80 %
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$20,264$22,486
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, 2023:
Fiscal YearOperating Lease
Liabilities
2023 (remaining 3 months)$7,479 
202426,261 
202524,991 
202623,041 
202718,411 
Thereafter77,853 
Total future undiscounted minimum lease payments178,036 
Less: Imputed interest38,178 
Present value of minimum lease payments139,858 
Less: Current portion20,055 
Noncurrent portion$119,803