Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.22.2
Property and Equipment, Net
 12 Months Ended
Apr. 30, 2022
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

10. Property and Equipment, Net

Property and equipment include the following:

 

 

 

April 30,

 

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Computer equipment and software (1)

 

$

331,371

 

 

$

290,417

 

Leasehold improvements

 

 

81,743

 

 

 

89,276

 

Furniture and fixtures

 

 

41,999

 

 

 

44,033

 

Automobiles

 

 

3,460

 

 

 

3,356

 

 

 

 

458,573

 

 

 

427,082

 

Less: accumulated depreciation and amortization

 

 

(320,401

)

 

 

(295,304

)

Property and equipment, net

 

$

138,172

 

 

$

131,778

 

 

(1)

Depreciation expense for capitalized software was $28.0 million, $25.4 million and $18.8 million during fiscal 2022, 2021 and 2020, respectively. The net book value of the Company’s computer software costs included in property and equipment, net was $94.7 million and $85.6 million as of April 30, 2022 and 2021, respectively.

 

Depreciation expense for property and equipment was $43.2 million, $42.6 million and $39.0 million during fiscal 2022, 2021 and 2020, respectively.