Long-Term Debt (Tables)

3 Months Ended

Jul. 31, 2019

Long-Term Debt

Schedule of long-term debt

	July 31,		April 30,
	2019		2019
	(in thousands)
First Lien Facility (1) (2)	$	970,754	$	972,650
ABL Facility		53,673		43,972
Finance lease obligations		114,043		109,286
Installment notes at fixed rates up to 5.0%, due in monthly and annual installments through 2024 (3)		19,494		15,287
Titan Facility		3,041		—
Carrying value of debt		1,161,005		1,141,195
Less current portion		49,308		42,118
Long-term debt	$	1,111,697	$	1,099,077

(1) Net of unamortized discount of $2,059 and $2,149 as of July 31, 2019 and April 30, 2019, respectively.

(2) Net of deferred financing costs of $11,566 and $12,072 as of July 31, 2019 and April 30, 2019, respectively.

(3) Net of unamortized discount of $1,127 and $1,200 as of July 31, 2019 and April 30, 2019, respectively.

Scheduled of maturities of long-term debt

	First Lien			ABL	Finance		Installment			Titan
	Facility(1)			Facility	Leases		Notes(2)			Facility	Total
Years ending April 30,	(in thousands)
2020 (remaining nine months)	$	7,476	$	—	$	22,446	$	4,264	$	3,041	$	37,227
2021		9,968		—		28,807		4,874		—		43,649
2022		9,968		53,673		25,493		4,438		—		93,572
2023		9,968		—		19,888		4,405		—		34,261
2024		9,968		—		12,958		1,781		—		24,707
Thereafter		937,031		—		4,451		859		—		942,341
	$	984,379	$	53,673	$	114,043	$	20,621	$	3,041	$	1,175,757

(1) Gross of unamortized discount of $2,059 and deferred financing costs of $11,566 as of July 31, 2019.

(2) Gross of unamortized discount of $1,127 as of July 31, 2019.