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Operating Leases (Tables)
12 Months Ended
Apr. 30, 2024
Leases [Abstract]  
ROU Assets and Lease Liabilities
For operating leases, the ROU assets and liabilities as of April 30 are presented in our Consolidated Statements of Financial Position as follows:
20242023
Operating lease ROU assets$69,074 $91,197 
Short-term portion of operating lease liabilities18,294 19,673 
Operating lease liabilities, non-current$94,386 $115,540 
Total Net Lease Costs
Our total net lease costs were as follows:
For the Years Ended April 30,
202420232022
Operating lease cost$14,575 $18,620 $24,180 
Variable lease cost1,096 1,326 1,496 
Short-term lease cost1,059 744 187 
Sublease income(847)(770)(945)
Total net lease cost(1)
$15,883 $19,920 $24,918 
(1)
Total net lease cost does not include those costs and sublease income for operating leases we had identified as part of our restructuring programs that would be subleased. The costs and sublease income for those leases are included in Restructuring and related charges (credits) on our Consolidated Statements of (Loss) Income. See Note 7, “Restructuring and Related Charges (Credits)” for more information on these programs.
Other Supplemental Information for Operating Leases
Other supplemental information includes the following:
For the Years Ended April 30,
202420232022
Weighted-average remaining contractual lease term (years)789
Weighted-average discount rate6.05 %5.95 %5.84 %
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$25,852 $26,919 $29,737 
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 the Consolidated Statement of Financial Position as of April 30, 2024:
Fiscal YearOperating Lease
Liabilities
2025$24,173 
202622,339 
202717,251 
202813,306 
202913,280 
Thereafter50,906 
Total future undiscounted minimum lease payments141,255 
 
Less: Imputed interest28,575 
 
Present value of minimum lease payments112,680 
 
Less: Current portion18,294 
Noncurrent portion$94,386