Long-Term Debt (Tables)

9 Months Ended

Jan. 31, 2019

Long-Term Debt

Schedule of long-term debt

	January 31,		April 30,
	2019		2018
	(in thousands)
First Lien Term Loan (1) (2)	$	974,555	$	563,179
ABL Facility		137,898		—
Capital lease obligations		105,489		18,564
Installment notes at fixed rates up to 5.0%, due in monthly and annual installments through 2023 (3)		15,908		14,143
Carrying value of debt		1,233,850		595,886
Less current portion		40,328		16,284
Long-term debt	$	1,193,522	$	579,602

(1) Net of unamortized discount of $2,238 and $2,536 as of January 31, 2019 and April 30, 2018, respectively.

(2) Net of deferred financing costs of $12,570 and $6,125 as of January 31, 2019 and April 30, 2018, respectively.

(3) Net of unamortized discount of $1,273 and $1,534 as of January 31, 2019 and April 30, 2018, respectively.

Scheduled principal payments of long-term debt

	First Lien			ABL	Capital		Installment
	Term Loan(1)			Facility	Leases		Notes(2)		Total
Years ending April 30,	(in thousands)
2019 (remaining three months)	$	2,491	$	—	$	5,693	$	604	$	8,788
2020		9,968		—		26,343		4,363		40,674
2021		9,968		—		25,039		4,053		39,060
2022		9,968		137,898		21,430		3,617		172,913
2023		9,968		—		16,019		3,584		29,571
Thereafter		947,000		—		10,965		960		958,925
	$	989,363	$	137,898	$	105,489	$	17,181	$	1,249,931

(1) Gross of unamortized discount of $2,238 and deferred financing costs of $12,570 as of January 31, 2019.

(2) Gross of unamortized discount of $1,273 as of January 31, 2019.