Long-Term Debt (Tables)

12 Months Ended

Apr. 30, 2021

The Company’s long-term debt consisted of the following:


	April 30,
	2021		2020
	(in thousands)
Term Loan Facility	$	509,722	$	876,903
Unamortized discount and deferred financing costs on Term Loan Facility	(4,735)		(10,602)
ABL Facility	—		80,000
Senior Notes	350,000		—
Unamortized discount and deferred financing costs on Senior Notes	(5,485)		—
Finance lease obligations	117,948		128,767
Installment notes at fixed rates up to 5.0%, due in monthly and annual installments through 2025	11,716		16,316
Unamortized discount on installment notes	(739)		(1,098)
Canadian Facility	—		7,194
Carrying value of debt	978,427		1,097,480
Less current portion	46,018		50,201
Long-term debt	$	932,409	$	1,047,279

Scheduled of maturities of long-term debt

As of April 30, 2021, the maturities of existing long-term debt and finance leases were as follows:


	Term Loan Facility		Senior Notes		Finance Leases		Installment Notes		Total
Year Ending April 30,	(in thousands)
2022	$	5,110	$	—	$	36,665	$	4,520	$	46,295
2023	5,110		—		31,525		4,505		41,140
2024	5,110		—		24,602		1,881		31,593
2025	5,110		—		14,675		810		20,595
2026	489,282		—		7,454		—		496,736
Thereafter	—		350,000		3,027		—		353,027
	$	509,722	$	350,000	$	117,948	$	11,716	$	989,386

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details