Leases (Tables)

12 Months Ended

Apr. 30, 2020

Leases [Abstract]

Lease, Cost

For the year ended April 30, 2020, our lease costs consisted of the following:

	(in 000s)
Year ended April 30,	2020
Operating lease costs	$	242,314
Variable lease costs	71,319
Subrental income	(1,277		)
Total lease costs	$	312,356

Assets And Liabilities, Lessee

Other information related to operating leases for the year ended April 30, 2020 is as follows:

	($ in 000s)
Cash paid for operating lease costs	$	223,080
Operating lease right of use assets obtained in exchange for operating lease liabilities (1)	$	345,079
Weighted-average remaining operating lease term (years)	3
Weighted-average operating lease discount rate	3.3		%

⁽¹⁾    This balance excludes the initial impacts of the adoption of ASU 2016-02.

Lessee, Operating Lease, Liability, Maturity

Aggregate operating lease maturities as of April 30, 2020 are as follows:

	(in 000s)
2021	$	217,088
2022	152,441
2023	93,256
2024	46,302
2025	18,843
2026 and thereafter	6,536
Total future undiscounted operating lease payments	534,466
Less imputed interest	(26,363		)
Total operating lease liabilities	$	508,103

Schedule of Future Minimum Rental Payments for Operating Leases

As disclosed in our Annual Report on Form 10-K for the fiscal year ended April 30, 2019, our rent expense totaled $255.0 million and our future undiscounted operating lease commitments under the previous accounting standard totaled $573.3 million, as follows:

	(in 000s)
2020	$	232,175
2021	160,414
2022	102,379
2023	49,095
2024	20,005
2025 and thereafter	9,243
Total future undiscounted operating lease payments	$	573,311