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Long-Term Debt (Tables)
12 Months Ended
Apr. 30, 2017
Long-Term Debt  
Schedule of long-term debt

                                                                                                                                                                                                                       

 

 

April 30,

 

 

 

2017

 

2016

 

First Lien Term Loan due 2021(1)(2)

 

$

470,245

 

$

373,998

 

Second Lien Term Loan(3)(4)

 

 

 

 

154,517

 

ABL Facility

 

 

103,353

 

 

101,910

 

Capital lease obligations, at an annual rate of 5.50%, due in monthly installments through August 2022

 

 

15,611

 

 

11,449

 

Installment notes at fixed rates up to 2.7%, due in monthly and annual installments through April 2021(5)

 

 

5,711

 

 

2,736

 

​  

​  

​  

​  

 

 

 

594,920

 

 

644,610

 

Less: Current portion

 

 

11,530

 

 

35,581

 

​  

​  

​  

​  

Total long-term debt

 

$

583,390

 

$

609,029

 

​  

​  

​  

​  

​  

​  

​  

​  


 

 

 

(1)          

Net of unamortized discount of $1,658 and $1,355 as of April 30, 2017 and 2016, respectively.

(2)          

Net of deferred financing costs of $5,712 and $6,847 as of April 30, 2017 and 2016, respectively.

(3)          

Net of unamortized discount of $0 and $1,183 as of April 30, 2017 and 2016, respectively.

(4)          

Net of deferred financing costs of $0 and $4,300 as of April 30, 2017 and 2016, respectively.

(5)          

Net of unamortized discount of $751 as of April 30, 2017.

 

 

 

Scheduled principal payments of long-term debt

                                                                                                                                                                                                                          

 

 

Installment
Notes(1)

 

ABL
Facility

 

Capital
Leases

 

First Lien
Term Loan(2)

 

Total

 

Years ending April 30,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

$

1,232

 

$

 

$

5,486

 

$

4,812

 

$

11,530

 

2019

 

 

1,231

 

 

 

 

4,383

 

 

4,812

 

 

10,426

 

2020

 

 

1,231

 

 

 

 

2,974

 

 

4,812

 

 

9,017

 

2021

 

 

1,095

 

 

 

 

1,593

 

 

463,179

 

 

465,867

 

2022

 

 

659

 

 

103,353

 

 

889

 

 

 

 

104,901

 

Thereafter

 

 

1,014

 

 

 

 

286

 

 

 

 

1,300

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

 

$

6,462

 

$

103,353

 

$

15,611

 

$

477,615

 

$

603,041

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  


 

 

 

(1)          

Gross of unamortized discount of $751 as of April 30, 2017.

(2)          

Gross of unamortized discount of $1,658 and deferred financing costs of $5,712 as of April 30, 2017.