Leases (Tables)

12 Months Ended

Apr. 30, 2021

Leases [Abstract]

Schedule of Lease Costs

The components of lease costs were as follows:

	FISCAL YEAR ENDED APRIL 30,
(in thousands)	2021		2020
Finance lease cost:
Reduction in the carrying value of right-of-use assets	$	635	$	2,582
Interest on lease liabilities	73		205
Operating lease cost	27,192		25,405

Additional information related to leases was as follows:

	FISCAL YEAR ENDED APRIL 30,
(in thousands)	2021			2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for finance leases	$	73		$	205
Operating cash flows for operating leases	24,371			22,595
Financing cash flows for financing leases	608			2,512
Right-of-use assets obtained in exchange for new finance lease liabilities	2,222			1,650
Right-of-use assets obtained in exchange for new operating lease liabilities	8,914			72,703
Weighted average remaining lease term (years)
Weighted average remaining lease term - finance leases	2.95			3.36
Weighted average remaining lease term - operating leases	6.62			7.41
Weighted average discount rate
Weighted average discount rate - finance leases	2.95		%	3.19		%
Weighted average discount rate - operating leases	3.23		%	4.27		%

Finance Lease, Liability, Maturity

The following is a reconciliation of future undiscounted cash flows to the operating and finance lease liabilities, and the related ROU assets, presented on the consolidated balance sheet as of April 30, 2021:

FISCAL YEAR	OPERATING (in thousands)		FINANCING (in thousands)
2022	$	23,761	$	2,199
2023	22,875		1,732
2024	20,881		1,352
2025	18,058		339
2026	17,852		109
Thereafter	40,881		—
Total lease payments	144,308		5,731
Less imputed interest	(14,686)		(237)
Total lease liability	$	129,622	$	5,494
Current maturities	(19,994)		(2,072)
Lease liability - long-term	$	109,628	$	3,422
Lease assets	$	123,118	$	10,037

Lessee, Operating Lease, Liability, Maturity

The following is a reconciliation of future undiscounted cash flows to the operating and finance lease liabilities, and the related ROU assets, presented on the consolidated balance sheet as of April 30, 2021:

FISCAL YEAR	OPERATING (in thousands)		FINANCING (in thousands)
2022	$	23,761	$	2,199
2023	22,875		1,732
2024	20,881		1,352
2025	18,058		339
2026	17,852		109
Thereafter	40,881		—
Total lease payments	144,308		5,731
Less imputed interest	(14,686)		(237)
Total lease liability	$	129,622	$	5,494
Current maturities	(19,994)		(2,072)
Lease liability - long-term	$	109,628	$	3,422
Lease assets	$	123,118	$	10,037