Debt (Tables)

3 Months Ended

Jul. 30, 2022

Debt

Schedule of long-term debt and the current period interest rates

Long-term debt and the current period interest rates were as follows:

	July 30,		April 30,
	2022		2022
	(In thousands)		(In thousands)
Term loans	$	187,500	$	190,000
Revolving credit facility		—		—
Total debt		187,500		190,000
Less current portion		10,000		10,000
Total long-term debt, less current portion		177,500		180,000
Less unamortized debt issuance costs - term loans		2,019		2,160
Total long-term debt, net of unamortized debt issuance costs - term loans	$	175,481	$	177,840
Unamortized debt issuance costs - revolving credit facility	$	1,004	$	1,076
Current period interest rate		4.5%		2.6%

Schedule of Future long-term debt principle payments

Future long-term debt principal payments at July 30, 2022 were as follows:

	(In thousands)
2023	$	7,500
2024		10,000
2025		10,000
2026		160,000
2027		—
	$	187,500