XML 61 R33.htm IDEA: XBRL DOCUMENT v3.24.0.1
Operating Leases (Tables)
 9 Months Ended
Jan. 31, 2024
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, 2024April 30, 2023
Operating lease ROU assets$71,306 $91,197 
Short-term portion of operating lease liabilities18,181 19,673 
Operating lease liabilities, non-current$98,219 $115,540 
Total Net Lease Costs
Our total net lease costs are as follows:
Three Months Ended
January 31,		Nine Months Ended
January 31,
2024202320242023
Operating lease cost$3,344 $4,356 $11,282 $14,066 
Variable lease cost254 265 836 807 
Short-term lease cost299 230 869 491 
Sublease income(230)(198)(651)(568)
Total net lease cost (1)
$3,667 $4,653 $12,336 $14,796 
(1)
Total net lease cost does not include those costs and sublease income included in Restructuring and related charges on our Unaudited Condensed Consolidated Statements of Net Loss. This includes those operating leases we had identified as part of our restructuring program that would be subleased. See Note 9, “Restructuring and Related Charges” for more information on this program.
Other Supplemental Information for Operating Leases
Other supplemental information includes the following:
Nine Months Ended
January 31,
20242023
Weighted-average remaining contractual lease term (years)88
Weighted-average discount rate6.02 %5.93 %
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$19,545$20,264
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, 2024:
Fiscal YearOperating Lease
Liabilities
2024 (remaining 3 months)$6,492 
202523,650 
202621,839 
202717,149 
202813,268 
Thereafter64,186 
Total future undiscounted minimum lease payments146,584 
Less: Imputed interest30,184 
Present value of minimum lease payments116,400 
Less: Current portion18,181 
Noncurrent portion$98,219