Long-Term Debt (Tables)

12 Months Ended

Apr. 30, 2018

Long-Term Debt

Schedule of long-term debt

	April 30,		April 30,
	2018		2017
	(in thousands)
First Lien Term Loan due 2023 (1) (2)	$	563,179	$	470,245
ABL Facility		—		103,353
Capital lease obligations, at an annual rate of 5.50%, due in monthly installments through 2023		18,564		15,611
Installment notes at fixed rates up to 5.0%, due in monthly and annual installments through 2023 (3)		14,143		5,711
Carrying value of debt		595,886		594,920
Less current portion		16,284		11,530
Long-term debt	$	579,602	$	583,390

(1) Net of unamortized discount of $2,536 and $1,658 as of April 30, 2018 and 2017, respectively.

(2) Net of deferred financing costs of $6,125 and $5,712 as of April 30, 2018 and 2017, respectively.

(3) Net of unamortized discount of $1,534 and $751 as of April 30, 2018 and 2017, respectively.

Scheduled principal payments of long-term debt

Debt Maturities

As of April 30, 2018, the maturities of long‑term debt were as follows:

	First Lien			Installment		Capital
	Term Loan(1)			Notes(2)		Leases	Total
Years ending April 30,	(in thousands)
2019	$	5,776	$	4,048	$	6,460	$	16,284
2020		5,776		3,292		5,157		14,225
2021		5,776		2,989		3,574		12,339
2022		5,776		2,553		1,747		10,076
2023		548,736		2,521		1,070		552,327
Thereafter		—		274		556		830
	$	571,840	$	15,677	$	18,564	$	606,081

(1)Gross of unamortized discount of $2,536 and deferred financing costs of $6,125 as of April 30, 2018.

(2)Gross of unamortized discount of $1,534 as of April 30, 2018.