Long-Term Debt (Tables)

3 Months Ended

Jul. 31, 2020

Long-Term Debt

Schedule of long-term debt

	July 31,		April 30,
	2020		2020
	(in thousands)
Term Loan Facility (1) (2)	$	864,340	$	866,301
ABL Facility		40,000		80,000
Finance lease obligations		123,318		128,767
Installment notes at fixed rates up to 5.0%, due in monthly and annual installments through 2024 (3)		13,138		15,218
Canadian Facility		3,727		7,194
Carrying value of debt		1,044,523		1,097,480
Less current portion		49,133		50,201
Long-term debt	$	995,390	$	1,047,279

(1) Net of unamortized discount of $1,522 and $1,602 as of July 31, 2020 and April 30, 2020, respectively.

(2) Net of deferred financing costs of $8,548 and $9,000 as of July 31, 2020 and April 30, 2020, respectively.

(3) Net of unamortized discount of $1,010 and $1,098 as of July 31, 2020 and April 30, 2020, respectively.

Scheduled of maturities of long-term debt

	Term Loan			ABL	Finance		Installment		Canadian
	Facility(1)			Facility	Leases		Notes(2)		Facility		Total
Year ending April 30,	(in thousands)
2021 (remaining nine months)	$	7,476	$	—	$	26,825	$	2,791	$	—	$	37,092
2022		9,968		—		33,108		4,438		—		47,514
2023		9,968		—		27,769		4,404		3,727		45,868
2024		9,968		—		20,708		1,781		—		32,457
2025		9,968		40,000		10,819		734		—		61,521
Thereafter		827,062		—		4,089		—		—		831,151
	$	874,410	$	40,000	$	123,318	$	14,148	$	3,727	$	1,055,603

(1) Gross of unamortized discount of $1,522 and deferred financing costs of $8,548 as of July 31, 2020.

(2) Gross of unamortized discount of $1,010 as of July 31, 2020.