| Commitments and Contingencies | 6 Months Ended |
| Oct. 31, 2019 |
| Commitments and Contingencies Disclosure [Abstract] | |
| Commitments and Contingencies | Commitments and Contingencies From time to time we may be involved in legal or administrative proceedings or investigations arising from the conduct of our business operations, including, but not limited to, contractual disputes; employment, personnel, or accessibility matters; personal injury and property damage claims; and claims by federal, state, and local regulatory authorities relating to the sale of products pursuant to licenses and permits issued by those authorities. Claims for damages in those actions may be substantial. While the outcome of such litigation, proceedings, investigations, or claims is never certain, it is our opinion, after taking into consideration legal counsel’s assessment and the availability of insurance proceeds and other collateral sources to cover potential losses, that the ultimate disposition of such matters currently pending or threatened, individually or cumulatively, will not have a material adverse effect on our consolidated financial position and results of operations. The Company is a lessee in situations where we lease property and equipment, most commonly land or building, from a lessor. The Company is a lessor in situations where the Company owns land or building and leases a portion or all of the property or equipment to a tenant. In both situations, leases are reported in accordance with ASC Topic 842-Leases . As a lessee, the Company recognizes a right-of-use asset representing its right to use the underlying asset for the lease term and a lease liability for the obligation to make lease payments. Both the right-of-use asset and lease liability are initially measured at the present value of the lease payments, with subsequent measurement dependent on the classification of the lease as either a finance or an operating lease. For leases with a term of twelve months or less, we have elected to not recognize lease assets and lease liabilities and will recognize lease expense on a straight-line basis over the lease term. The Company records the operating lease liability in 'Accrued expenses' and other long-term liabilities and records the finance lease liability within current maturities of long-term debt and long term debt and finance lease obligations on the condensed consolidated balance sheets. We have elected to adopt the package of practical expedients, as well as the land easement practical expedient. As a lessor, the Company has direct financing leases and records the assets within property and equipment and recognizes the lease payments through other income. All lessor related activity is considered immaterial to the condensed consolidated financial statements. The leases initially recorded under ASC 842 were recognized, at the time of adoption, at an amount equal to the present value of the lease payments using the incremental borrowing rate of debt based upon the remaining term of the lease. New leases are recognized at the present value of the lease payments using the implicit rate when it is readily determinable. In the case the implicit rate is not readily determinable, the Company uses the incremental borrowing rate of debt based on the term of the lease. Several leases have variable payment components of the lease such as payments for property taxes and insurance. For these leases, the Company has not included those variable payments in the calculation of the lease liability as the payments are not in-substance fixed and do not depend on an index or rate. These variable payments will be expensed as incurred. The Company also has options to renew or extend the current lease arrangement on many of our leases. In these situations, if it was reasonably certain the lease would be extended, we have included those extensions within the remaining lease payments at the time of measurement. Lease right-of-use assets outstanding as of October 31, 2019 consisted of the following (in thousands): Classification October 31, 2019 Finance lease right-of-use assets Property and equipment 14,937 Operating lease right-of-use assets Other assets $ 20,582 Weighted average remaining lease terms, weighted average discount rates, and supplementary cash flow information for outstanding leases were as follows: October 31, 2019 Weighted-average remaining lease-term - finance lease 10.10 years Weighted-average remaining lease-term - operating lease 22.20 years Weighted-average discount rate - finance lease 5.29 % Weighted-average discount rate - operating lease 4.21 % Right-of-use assets obtained in exchange for new finance lease liabilities (in thousands) $ 831 Future minimum payments under the finance leases and operating leases with initial or remaining terms of one year or more consisted of the following at October 31, 2019 and April 30, 2019: Years ended October 31, Finance leases Operating leases 2020 $ 3,115 $ 1,872 2021 3,119 1,821 2022 3,116 1,734 2023 3,118 1,669 2024 1,697 1,556 Thereafter 9,277 25,301 Total minimum lease payments 23,442 33,953 Less amount representing interest 6,142 13,106 Present value of net minimum lease payments $ 17,300 $ 20,847 Years ended April 30, Capital leases Operating leases 2020 $ 3,103 $ 1,703 2021 3,109 1,547 2022 3,096 1,354 2023 3,098 1,228 2024 2,548 1,066 Thereafter 9,215 10,438 Total minimum lease payments 24,169 $ 17,336 Less amount representing interest 7,689 Present value of net minimum lease payments $ 16,480 |
| Commitments and Contingencies | Commitments and Contingencies From time to time we may be involved in legal or administrative proceedings or investigations arising from the conduct of our business operations, including, but not limited to, contractual disputes; employment, personnel, or accessibility matters; personal injury and property damage claims; and claims by federal, state, and local regulatory authorities relating to the sale of products pursuant to licenses and permits issued by those authorities. Claims for damages in those actions may be substantial. While the outcome of such litigation, proceedings, investigations, or claims is never certain, it is our opinion, after taking into consideration legal counsel’s assessment and the availability of insurance proceeds and other collateral sources to cover potential losses, that the ultimate disposition of such matters currently pending or threatened, individually or cumulatively, will not have a material adverse effect on our consolidated financial position and results of operations. The Company is a lessee in situations where we lease property and equipment, most commonly land or building, from a lessor. The Company is a lessor in situations where the Company owns land or building and leases a portion or all of the property or equipment to a tenant. In both situations, leases are reported in accordance with ASC Topic 842-Leases . As a lessee, the Company recognizes a right-of-use asset representing its right to use the underlying asset for the lease term and a lease liability for the obligation to make lease payments. Both the right-of-use asset and lease liability are initially measured at the present value of the lease payments, with subsequent measurement dependent on the classification of the lease as either a finance or an operating lease. For leases with a term of twelve months or less, we have elected to not recognize lease assets and lease liabilities and will recognize lease expense on a straight-line basis over the lease term. The Company records the operating lease liability in 'Accrued expenses' and other long-term liabilities and records the finance lease liability within current maturities of long-term debt and long term debt and finance lease obligations on the condensed consolidated balance sheets. We have elected to adopt the package of practical expedients, as well as the land easement practical expedient. As a lessor, the Company has direct financing leases and records the assets within property and equipment and recognizes the lease payments through other income. All lessor related activity is considered immaterial to the condensed consolidated financial statements. The leases initially recorded under ASC 842 were recognized, at the time of adoption, at an amount equal to the present value of the lease payments using the incremental borrowing rate of debt based upon the remaining term of the lease. New leases are recognized at the present value of the lease payments using the implicit rate when it is readily determinable. In the case the implicit rate is not readily determinable, the Company uses the incremental borrowing rate of debt based on the term of the lease. Several leases have variable payment components of the lease such as payments for property taxes and insurance. For these leases, the Company has not included those variable payments in the calculation of the lease liability as the payments are not in-substance fixed and do not depend on an index or rate. These variable payments will be expensed as incurred. The Company also has options to renew or extend the current lease arrangement on many of our leases. In these situations, if it was reasonably certain the lease would be extended, we have included those extensions within the remaining lease payments at the time of measurement. Lease right-of-use assets outstanding as of October 31, 2019 consisted of the following (in thousands): Classification October 31, 2019 Finance lease right-of-use assets Property and equipment 14,937 Operating lease right-of-use assets Other assets $ 20,582 Weighted average remaining lease terms, weighted average discount rates, and supplementary cash flow information for outstanding leases were as follows: October 31, 2019 Weighted-average remaining lease-term - finance lease 10.10 years Weighted-average remaining lease-term - operating lease 22.20 years Weighted-average discount rate - finance lease 5.29 % Weighted-average discount rate - operating lease 4.21 % Right-of-use assets obtained in exchange for new finance lease liabilities (in thousands) $ 831 Future minimum payments under the finance leases and operating leases with initial or remaining terms of one year or more consisted of the following at October 31, 2019 and April 30, 2019: Years ended October 31, Finance leases Operating leases 2020 $ 3,115 $ 1,872 2021 3,119 1,821 2022 3,116 1,734 2023 3,118 1,669 2024 1,697 1,556 Thereafter 9,277 25,301 Total minimum lease payments 23,442 33,953 Less amount representing interest 6,142 13,106 Present value of net minimum lease payments $ 17,300 $ 20,847 Years ended April 30, Capital leases Operating leases 2020 $ 3,103 $ 1,703 2021 3,109 1,547 2022 3,096 1,354 2023 3,098 1,228 2024 2,548 1,066 Thereafter 9,215 10,438 Total minimum lease payments 24,169 $ 17,336 Less amount representing interest 7,689 Present value of net minimum lease payments $ 16,480 |
| Commitments and Contingencies | Commitments and Contingencies From time to time we may be involved in legal or administrative proceedings or investigations arising from the conduct of our business operations, including, but not limited to, contractual disputes; employment, personnel, or accessibility matters; personal injury and property damage claims; and claims by federal, state, and local regulatory authorities relating to the sale of products pursuant to licenses and permits issued by those authorities. Claims for damages in those actions may be substantial. While the outcome of such litigation, proceedings, investigations, or claims is never certain, it is our opinion, after taking into consideration legal counsel’s assessment and the availability of insurance proceeds and other collateral sources to cover potential losses, that the ultimate disposition of such matters currently pending or threatened, individually or cumulatively, will not have a material adverse effect on our consolidated financial position and results of operations. The Company is a lessee in situations where we lease property and equipment, most commonly land or building, from a lessor. The Company is a lessor in situations where the Company owns land or building and leases a portion or all of the property or equipment to a tenant. In both situations, leases are reported in accordance with ASC Topic 842-Leases . As a lessee, the Company recognizes a right-of-use asset representing its right to use the underlying asset for the lease term and a lease liability for the obligation to make lease payments. Both the right-of-use asset and lease liability are initially measured at the present value of the lease payments, with subsequent measurement dependent on the classification of the lease as either a finance or an operating lease. For leases with a term of twelve months or less, we have elected to not recognize lease assets and lease liabilities and will recognize lease expense on a straight-line basis over the lease term. The Company records the operating lease liability in 'Accrued expenses' and other long-term liabilities and records the finance lease liability within current maturities of long-term debt and long term debt and finance lease obligations on the condensed consolidated balance sheets. We have elected to adopt the package of practical expedients, as well as the land easement practical expedient. As a lessor, the Company has direct financing leases and records the assets within property and equipment and recognizes the lease payments through other income. All lessor related activity is considered immaterial to the condensed consolidated financial statements. The leases initially recorded under ASC 842 were recognized, at the time of adoption, at an amount equal to the present value of the lease payments using the incremental borrowing rate of debt based upon the remaining term of the lease. New leases are recognized at the present value of the lease payments using the implicit rate when it is readily determinable. In the case the implicit rate is not readily determinable, the Company uses the incremental borrowing rate of debt based on the term of the lease. Several leases have variable payment components of the lease such as payments for property taxes and insurance. For these leases, the Company has not included those variable payments in the calculation of the lease liability as the payments are not in-substance fixed and do not depend on an index or rate. These variable payments will be expensed as incurred. The Company also has options to renew or extend the current lease arrangement on many of our leases. In these situations, if it was reasonably certain the lease would be extended, we have included those extensions within the remaining lease payments at the time of measurement. Lease right-of-use assets outstanding as of October 31, 2019 consisted of the following (in thousands): Classification October 31, 2019 Finance lease right-of-use assets Property and equipment 14,937 Operating lease right-of-use assets Other assets $ 20,582 Weighted average remaining lease terms, weighted average discount rates, and supplementary cash flow information for outstanding leases were as follows: October 31, 2019 Weighted-average remaining lease-term - finance lease 10.10 years Weighted-average remaining lease-term - operating lease 22.20 years Weighted-average discount rate - finance lease 5.29 % Weighted-average discount rate - operating lease 4.21 % Right-of-use assets obtained in exchange for new finance lease liabilities (in thousands) $ 831 Future minimum payments under the finance leases and operating leases with initial or remaining terms of one year or more consisted of the following at October 31, 2019 and April 30, 2019: Years ended October 31, Finance leases Operating leases 2020 $ 3,115 $ 1,872 2021 3,119 1,821 2022 3,116 1,734 2023 3,118 1,669 2024 1,697 1,556 Thereafter 9,277 25,301 Total minimum lease payments 23,442 33,953 Less amount representing interest 6,142 13,106 Present value of net minimum lease payments $ 17,300 $ 20,847 Years ended April 30, Capital leases Operating leases 2020 $ 3,103 $ 1,703 2021 3,109 1,547 2022 3,096 1,354 2023 3,098 1,228 2024 2,548 1,066 Thereafter 9,215 10,438 Total minimum lease payments 24,169 $ 17,336 Less amount representing interest 7,689 Present value of net minimum lease payments $ 16,480 |
