v3.26.1
Leases
 3 Months Ended
Jul. 31, 2026
Leases [Abstract]  
Leases Leases
The Company’s lease portfolio is comprised of operating leases for office space and equipment and finance leases for equipment. Equipment leases are comprised of vehicles and office equipment.
The components of lease expense were as follows:
Three Months Ended
July 31,
20262025
(in thousands)
Finance lease cost
Amortization of ROU assets$527 $399 
Interest on lease liabilities60 44 
587 443 
Operating lease cost11,532 12,385 
Short-term lease cost251 221 
Variable lease cost2,372 2,607 
Sublease income(1,340)(1,633)
Total lease cost$13,402 $14,023 
Supplemental cash flow information related to leases was as follows:
Three Months Ended
July 31,
20262025
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$9,599 $10,567 
Financing cash flows from finance leases$588 $499 
ROU assets obtained in exchange for lease obligations:
Operating leases$9,033 $931 
Finance leases$629 $664 
Maturities of lease liabilities were as follows:
Year Ending April 30,OperatingFinancing
(in thousands)
2027 (excluding the three months ended July 31, 2026)$30,388 $1,675 
202840,096 1,967 
202933,708 889 
203026,275 396 
203122,088 60 
Thereafter93,437 — 
Total lease payments245,992 4,987 
Less: imputed interest51,670 317 
Total$194,322 $4,670 
Leases Leases
The Company’s lease portfolio is comprised of operating leases for office space and equipment and finance leases for equipment. Equipment leases are comprised of vehicles and office equipment.
The components of lease expense were as follows:
Three Months Ended
July 31,
20262025
(in thousands)
Finance lease cost
Amortization of ROU assets$527 $399 
Interest on lease liabilities60 44 
587 443 
Operating lease cost11,532 12,385 
Short-term lease cost251 221 
Variable lease cost2,372 2,607 
Sublease income(1,340)(1,633)
Total lease cost$13,402 $14,023 
Supplemental cash flow information related to leases was as follows:
Three Months Ended
July 31,
20262025
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$9,599 $10,567 
Financing cash flows from finance leases$588 $499 
ROU assets obtained in exchange for lease obligations:
Operating leases$9,033 $931 
Finance leases$629 $664 
Maturities of lease liabilities were as follows:
Year Ending April 30,OperatingFinancing
(in thousands)
2027 (excluding the three months ended July 31, 2026)$30,388 $1,675 
202840,096 1,967 
202933,708 889 
203026,275 396 
203122,088 60 
Thereafter93,437 — 
Total lease payments245,992 4,987 
Less: imputed interest51,670 317 
Total$194,322 $4,670