Credit Facilities

12 Months Ended

Apr. 30, 2011

Credit Facilities [Abstract]

CREDIT FACILITIES

6. CREDIT FACILITIES

We have a committed revolving credit agreement with various U.S. and international banks for $800 that expires on April 30, 2012. Its most restrictive covenant requires that our consolidated EBITDA (as defined in the agreement) to consolidated interest expense not be less than a ratio of 3 to 1. At April 30, 2011, we were well within this covenant’s parameters and had no borrowing outstanding under this facility.